I've been looking for a new card to replace my ANZ FF since them free first year is nearly over. I found this deal on Point Hacks
This deal has a big catch to it.
Up to 150,000 Bonus Reward Points - comprised of 10,000 bonus points per statement period that you spend $1 or more on your card, for 15 months from approval
You will have to pay two lots of annual fee. The first one at half price and 2nd one at full price. Both cards have the same deal but different annual fees.
Posted on my phone, will add more details when I get home.
So can cancel after 11 months for 110000 points?