Just hoping some switched-on people can confirm my thinking here!
Sign-up for AMEX card as primary holder (partner gets the supplementary card) - pocket 100,000 points
Cancel my card at 12 month mark
Partner signs-up for AMEX card as primary holder (I get the supplementary card) - pocket 100,000 points (or similar offer available in 12 months time)
Cancel partner’s card at 12 month mark.
Use our current bank frequent flyer visa for 6 months (free with our home loan)
Sign-up for AMEX card again as primary holder (partner supplementary card) - pocket the points again?
Is this a rinse/repeat type scenario that is possible (under the current T&Cs at least)?