After loading Itunes gift card...thrown away months ago...now need verification code again....

Hi All! My son received an itunes gift card for his birthday a few months ago.  He loaded the gift card onto his ipad and it worked a few times when he made some small purchases.  Now, months later (itunes card discarded) he wanted to buy a game to find that it requires payment verification (using the verification code on the back of the gift card which is gone). His account shows a balance but evidently he cannot use it with the code.  Is there a way around this?

Under Account Settings....
it says "Your credit card is about to expire. Please update your payment method."  It has the last 4 digits of a credit card that we don't recognize so we are assuming it must be the iTunes card he loaded last April. It's asking for the "Security Code".  The expiration date month is also in red with the number 2 next to it (meaning February) and the Year is masked with the four dots.

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