Citi has entered the premium credit card market with its new “Strata Elite” card, offering a price point of $595 that rivals those of American Express Co. and JPMorgan Chase & Co. The annual fee may unlock up to $1,500 in value if used maximally. Key benefits include substantial rewards for hotel bookings on Citigroup’s travel platform, car rentals, and attractions booked through the same platform, as well as exclusive dining perks at peak weekend times.
Source: https://www.bloomberg.com/news/articles/2025-07-27/citi-charges-595-for-strata-elite-credit-card-to-rival-amex-chase