# Bank of America — documented application rules

> Bank of America application rules, documented: 3 tracked rules (3 active as last confirmed), 6 dated rule changes on record since 2017, most recently October 28, 2022. Every change dated and sourced; statuses reflect our last documented confirmation, not live issuer policy.

## 24-month rule (Bank of America) — Active — last confirmed October 28, 2022

- **2022-10-28**: Business card terms add entity-level restriction language — Business card applications began stating the applicant may be declined for additional accounts depending on what the business entity currently holds. — sources: https://www.doctorofcredit.com/bank-of-america-adds-24-month-churning-rule-per-card-alaska-cash-rewards-etc/
- **2019-01-01**: Rule introduced (per card, wording varies by card) — Date approximate (month only). Alaska and Premium Rewards terms bar approval if the applicant has or has had the card in the preceding 24 months, while Cash Rewards and Travel Rewards terms only bar a second card unless the existing one is at least 24 months old. OMAAT dated the implementation to January. — sources: https://www.doctorofcredit.com/bank-of-america-adds-24-month-churning-rule-per-card-alaska-cash-rewards-etc/ · https://thepointsguy.com/credit-cards/bank-of-america/bank-of-america-24-month-rule/

## 3/12 and 7/12 rule — Active — last confirmed June 12, 2020

- **2020-06-12**: 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: https://www.doctorofcredit.com/things-everybody-should-know-about-bank-of-america/
- **2019-09-29**: 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. — sources: https://www.doctorofcredit.com/report-bank-of-america-7-12-rule-3-12-rule-for-new-cards/ · https://frequentmiler.com/possible-new-boa-application-restructions-3-12-or-7-12/

## 2/3/4 rule — Active — last confirmed October 4, 2017

- **2017-10-04**: Rule confirmed by a reliable source — Doctor of Credit confirmed the full rule with a reliable source, who indicated reps might override it based on relationship but rarely. Data points suggested business cards did not count toward the limits. — sources: https://www.doctorofcredit.com/httpswww-doctorofcredit-combank-america-312-rule-credit-card-approvals-contribute-data-points/ · https://frequentmiler.com/strategy-given-boa-234/
- **2017-09-27**: Rule first reported — At most two cards per rolling two months, three per rolling 12 months, and four per rolling 24 months; the post was originally published September 27, 2017. — sources: https://www.doctorofcredit.com/httpswww-doctorofcredit-combank-america-312-rule-credit-card-approvals-contribute-data-points/ · https://frequentmiler.com/strategy-given-boa-234/

Canonical page: https://www.bonuseagle.com/rules/bank-of-america
Full dataset: https://www.bonuseagle.com/rules/dataset.csv (CC BY 4.0)