June 12, 2020
Restated as a soft limit in reference guide
Doctor of Credit's reference describes a soft limit of six new cards in 12 months for deposit customers and two for non-customers.
Sources:doctorofcredit.com ↗
Documented rule history
Active — last confirmed June 12, 2020Bank of America 3/12 and 7/12 rule
Is the Bank of America 3/12 and 7/12 rule still active? On our documented record it is active, last confirmed June 12, 2020: Restated as a soft limit in reference guide. We have 2 dated, sourced changes on record since 2019. Statuses reflect documented confirmations, not live issuer policy.
Every documented change — newest first
September 29, 2019
Rule first reported
Date approximate. A report indicated applicants with a deposit relationship are tolerated up to six new cards from all banks in the past 12 months, with a lower threshold for those without one; business cards may fall outside the rule.
Questions
Is the Bank of America 3/12 and 7/12 rule still active?
Yes — active on our documented record, as last confirmed June 12, 2020: Restated as a soft limit in reference guide. Always verify before applying — issuers change unwritten rules without notice.
When was the Bank of America 3/12 and 7/12 rule first documented?
September 29, 2019: Rule first reported. Since then we have documented 2 changes, each dated and sourced on this page.
What changed most recently in the Bank of America 3/12 and 7/12 rule?
June 12, 2020 — Restated as a soft limit in reference guide. Doctor of Credit's reference describes a soft limit of six new cards in 12 months for deposit customers and two for non-customers.
Application rules are unwritten issuer policy; they change and get enforced without notice, and exceptions exist. Statuses reflect our last documented confirmation, not live issuer policy. Not financial or legal advice.
Cite this data
Bonus Eagle. “Bank of America 3/12 and 7/12 rule — The Application Rules Record.” bonuseagle.com. https://www.bonuseagle.com/rules/bank-of-america/3-12-and-7-12-rule
Data is free to use with attribution to bonuseagle.com.
All Bank of America rules: the full issuer page.