When can you cancel a first year annual fee free credit card?

Hello. I’m looking at the ANZ credit card 75,000 point deal. I understand you need to spend $2500 in the first 3 months, and then you get the points. It also says the first year of the credit card is free. Can i cancel the credit card after that first 3 month period and avoid being charged any money?

Sorry if this is a very basic question. Im new to this.

You can cancel the card at any time without charge provided you do so within 12 months.

If you cancel after meeting the spend criteria but before the points have been credited to your QFF account, you will forfeit the points. Ensure all points accrued have been credited then cancel.



Thanks for the reply - really appreciate it. one more question, do you need to be an existing ANZ customer?