Bank of America Closes Down Accounts Due To Excessive Account Openings & Closing

Bank of America has sent out a letter to reddit user buildingcredit informing them that their Bank of America Alaska Business card has been closed due to ‘excessive account closings and openings to accumulate bonus miles under the Alaska Airlines business card program. This was their third Alaska business card, their personal account is still in tact and they also use Bank of America as their primary bank. Currently the Bank of America Alaska business card is offering 40,000 miles + $200 statement credit.