Airplane in the sky

Bank of America doesn’t have the best credit card rewards, but the ability to churn Alaska Airlines credit cards made it a staple of many churners’ wallets. Back in the day, you could open multiple of the same card in a very short timespan. Slowly, Bank of America has added rules to prevent this. Last fall, they implemented the 2/3/4 rule such that you will only be approved for a maximum of two cards every 2 months, three cards every 12 months, and four cards every 24 months.

Now, Bank of America has added a 24-month rule.

  • For Alaska Airlines and Premium Rewards cards: The card will not be available to you if you currently have or have had the card in the preceding 24 month period.
  • For Travel Rewards and Cash Rewards cards: The card will not be available to you if you currently have the card unless you have had that card for at least 24 months.

These rules are restricted to the specific card so if you had an Alaska Airlines card in the past 24 months, you would still be eligible for Premium Rewards and vice versa.

Like with the 2/3/4/ rule, this does not yet impact business cards.

Final Thoughts

This is obviously a huge bummer if you were churning Alaska credit cards every 6 months (the timeframe needed to comply with the 2/3/4 rule). My advice? Close your current Alaska personal card now to reset the clock. I’d also apply for an Alaska business card ASAP in case the rule expands. I find Alaska Airlines miles to be very valuable thanks to the free stopover so I will probably keep opening and closing the business card as long as possible.

Will this new rule impact your churning plans?

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