Is it possible to transfer your credit limit from a card with one bank (wells fargo) to another visa credit card with better rewards, either chase freedom or one through the credit union? I would hate to cancel the card, because it is by far my oldest. I only own one other brand new one, but want to get a rewards card for everyday stuff.
There is no balance on the card, but $13,500 in available credit. I just hate having such a high limit on a card I've paid off and have no need to use again. If I can't cancel, would it help to ask for a big reduction, so I have some room to get a higher limit on a future card?
Ultimately, I want to close my wells fargo checking and savings and move to credit union/capital one 360. Question two is: would closing those accounts still allow me to keep that credit card open, since it's my main ally on my credit score and has no annual fee?