BonusCeilingBank of America credit card bonus rules (October 2026)
Short answer: Bank of America's offer terms on Premium Rewards, Customized Cash Rewards, Travel Rewards and Atmos Rewards Ascent say the card may not be available to you if you currently have or have had it in the preceding 24 month period (Atmos adds that this does not apply to the business card). Each bonus is a one-time offer for a new account opened in response to the offer, not for converting an existing account. Separately, many applicants report a 2/3/4 velocity guideline that Bank of America does not publish. The issuer rules below are quoted from Bank of America's terms, read on 2026-10-22.
By Tyler Kelly · Updated · Offers checked
BofA 2/3/4 (community-reported)
Community-reported guideline: max 2 new BofA cards per 2 months, 3 per 12 months, 4 per 24 months. Not published by the issuer; treat as approximate.
Source: community-reported, not published by the issuer. Applies to: Bank of America Premium Rewards, Atmos Rewards Ascent Visa (Alaska Airlines), Bank of America Customized Cash Rewards, Bank of America Travel Rewards
BofA 24 months (have or had the card)
Bank of America offer terms for Premium Rewards, Customized Cash Rewards, Travel Rewards and Atmos Rewards Ascent: 'This card may not be available to you if you currently have or have had the card in the preceding 24 month period.' The Atmos Rewards Ascent terms add: 'This does not apply to the business credit card product.'
Source: issuer terms · Bank of America Premium Rewards terms · Atmos Rewards Ascent Visa (Alaska Airlines) terms · Bank of America Customized Cash Rewards terms · Bank of America Travel Rewards terms (read 2026-10-22). Applies to: Bank of America Premium Rewards, Atmos Rewards Ascent Visa (Alaska Airlines), Bank of America Customized Cash Rewards, Bank of America Travel Rewards
BofA one bonus per new account (no conversions)
Bank of America offer terms for the same four cards: 'This one-time promotion is limited to customers opening a new account in response to this offer and will not apply to requests to convert existing accounts.' Each also limits the offer to one per new account (Premium Rewards: 'Limit 1 bonus points offer per new account.').
Source: issuer terms · Bank of America Premium Rewards terms · Atmos Rewards Ascent Visa (Alaska Airlines) terms · Bank of America Customized Cash Rewards terms · Bank of America Travel Rewards terms (read 2026-10-22). Applies to: Bank of America Premium Rewards, Atmos Rewards Ascent Visa (Alaska Airlines), Bank of America Customized Cash Rewards, Bank of America Travel Rewards
Bank of America cards: which rule applies and how long to wait
| Card | Wait before earning this bonus again | Application limits | Current offer |
|---|---|---|---|
| Bank of AmericaBank of America Premium Rewards | Card may not be available if you have it now or had it in the preceding 24 months (counts from having the card); One bonus per new account; converting an existing account does not qualify (no time window stated) | BofA 2/3/4 (community-reported) | 60,000 points ($600 value) after $4,000 spend in 90 days |
| Bank of AmericaAtmos Rewards Ascent Visa (Alaska Airlines) | Card may not be available if you have it now or had it in the preceding 24 months (counts from having the card); One bonus per new account; converting an existing account does not qualify (no time window stated) | BofA 2/3/4 (community-reported) | 50,000 points + $99 Companion Fare after $1,500 spend in 90 days |
| Bank of AmericaBank of America Customized Cash Rewards | Card may not be available if you have it now or had it in the preceding 24 months (counts from having the card); One bonus per new account; converting an existing account does not qualify (no time window stated) | BofA 2/3/4 (community-reported) | $200 after $1,000 spend in 90 days |
| Bank of AmericaBank of America Travel Rewards | Card may not be available if you have it now or had it in the preceding 24 months (counts from having the card); One bonus per new account; converting an existing account does not qualify (no time window stated) | BofA 2/3/4 (community-reported) | 25,000 points ($250 value) after $1,000 spend in 90 days |
Bank of America cards: current offer vs. all-time high
| Card | Current public offer | All-time high | Annual fee | vs. record |
|---|---|---|---|---|
| Bank of AmericaBank of America Premium Rewards | 60,000 points ($600 value) after $4,000 spend in 90 days | 60,000 points after $4,000 (since Jun 2023; up from 50,000 at 2017 launch) per Doctor of Credit | $95 | AT RECORD |
| Bank of AmericaAtmos Rewards Ascent Visa (Alaska Airlines) | 50,000 points + $99 Companion Fare after $1,500 spend in 90 days | 85,000 points + $99 Companion Fare after $4,000-$4,500 in 120 days (Sep 2025 launch; back Feb and Mar 2026; listed until Aug 2026) per Doctor of Credit | $95 | 59% of record |
| Bank of AmericaBank of America Customized Cash Rewards | $200 after $1,000 spend in 90 days | Unknown (not verified) | $0 | History unknown |
| Bank of AmericaBank of America Travel Rewards | 25,000 points ($250 value) after $1,000 spend in 90 days | Unknown (not verified) | $0 | History unknown |
Frequently asked questions
What is the BofA 2/3/4 (community-reported) rule?
Community-reported guideline: max 2 new BofA cards per 2 months, 3 per 12 months, 4 per 24 months. Not published by the issuer; treat as approximate.
What is the BofA 24 months (have or had the card) rule?
Bank of America offer terms for Premium Rewards, Customized Cash Rewards, Travel Rewards and Atmos Rewards Ascent: 'This card may not be available to you if you currently have or have had the card in the preceding 24 month period.' The Atmos Rewards Ascent terms add: 'This does not apply to the business credit card product.'
What is the BofA one bonus per new account (no conversions) rule?
Bank of America offer terms for the same four cards: 'This one-time promotion is limited to customers opening a new account in response to this offer and will not apply to requests to convert existing accounts.' Each also limits the offer to one per new account (Premium Rewards: 'Limit 1 bonus points offer per new account.').
Does the Bank of America 24-month rule count from the bonus or from having the card?
From having the card. The terms say the card 'may not be available to you if you currently have or have had the card in the preceding 24 month period', so holding the card in the last 24 months matters even if you never got a bonus on it.
Can I earn a Bank of America bonus by converting (product changing) an existing card?
No. The terms say the promotion 'will not apply to requests to convert existing accounts'; it is for customers opening a new account in response to the offer.
Is the Bank of America 2/3/4 rule official?
Community-reported guideline: max 2 new BofA cards per 2 months, 3 per 12 months, 4 per 24 months. Not published by the issuer; treat as approximate.
Which Bank of America cards are at their all-time high bonus right now?
As of October 26, 2026: Bank of America Premium Rewards (60,000 points ($600 value) after $4,000 spend in 90 days). The table shows every Bank of America card's offer compared to its record.
Run the eligibility checker → · All Bank of America card bonuses · How long to wait between bonuses (all issuers)