How can I combine multiple customer accounts?

Holy cow! We just got the feature! It appears on the Customer page, right
column, in the Customer Data section:

Customer data
MERGE CUSTOMER
InfoNew
Merge two customers into one for a more accurate view of your customers.
This will combine order history and analytics.

But it seems limited or perhaps buggy. The first customer I tried resulted
in this message:

James Jackson has a credit card and can’t be merged.

I have no idea what that means.

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