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credit card q: transferring balance=combining limit?
1. capital one has a service where i can transfer my balance from another credit card. if i transfered my balance from another credit card (both visa) does that mean i combine the limit? say i have $500 limit on capital one and $500 on card A, when i transfer my balance from card A to capital one the limit become $1000. am i right?
2. when the balance is transfered, will my card A be automatically canceled? or do i have to call?
i just want 1 card.
3. also can i do that from master card to visa?
how do i combine my credit card limit? so i just have 1 card instead of 2.
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