I'm having all my bounces and replies sent to a subfolder so they don't clutter my inbox. I'm just using an Exchange rule to do it.

Can I run Email Bounce handler on a subfolder of my inbox?

I'm using IMAP on an Office365 account.

I tried putting the folder as Inbox/Bulk Mailing which is the Inbox and then the subfolder name, but that doesn't seem to be working.