HT1918 Request for valid security code

iTunes insist that I "enter valid Security Code" when I already have. I have re-entered all my card info to make sure it is right and I have ample credit available yet I keep getting the decline message and request to enter the right security code. I get this message on both my laptop and iPad. What am I missing?

Often there is another (billing) issue on your account. Contact iTS and they'll check it out.
iTunes Store Support
http://www.apple.com/emea/support/itunes/contact.html

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