Im having issues with itunes reading my credit card information

so just recently got a new card, same number just different expertion date and security code i changed my info as soon as i got the card. and i was purchasing music just fine until yesterday it said my security code was invalid now i cant even download free apps or purchase them

These are user-to-user forums, you're not talking to iTunes Support nor Apple.
You are sure that your card details were taken from your iTunes account ?
If your account has been compromised then remove your card from your account, change your password, and contact iTunes Support : http://www.apple.com/support/itunes/ contact/ - click on Contact iTunes Store Support on the right-hand side of the page, then Purchases, Billing & Redemption
Changing payment info : http://support.apple.com/kb/HT1918
If it's not on your account then contact your card issuer and get the card cancelled and replaced

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