Citi Strata Elite Card Now Live Online
Citi shared recently that the Citi Strata Elite card will launch in Q3, and now the card is live only conforming most of the leaked details. The bonus online is 80K, but it might be 100K in-branch. The annual fee is $595 and cardholders can get “nearly $1,500 in value”. Transfers to American Airlines are also live now. Check out the full details below.
Signup Bonus
Initially it was reported that the card will have a 100K bonus for those who have a CitiGold relationship only. But now it’s supposed to be 100K for everyone, at least in-branch.
- Earn 80,000 bonus points after spending $4,000 in the first 3 months
- DIRECT LINK
This bonus will initially be available in-branch only when the card launches this weekend possibly. It’s not clear what the bonus will be online, but it’s likely that it will be the same.
Bonus ThankYou Points are not available if you have received a new account bonus for a Citi Strata Elite account in the past 48 months or if you converted another Citi credit card account on which you earned a new account bonus in the last 48 months into a Citi Strata Elite.
Annual Fee
- Annual Fee: $595 ($75 for AUs)
- $145 Annual Fee discount with CitiGold ($200K+ balance)
- Waived fee the first year, and $145 discount after that with Citi Private Client ($1M+ assets)
Earning Rates
- 12x ThankYou Points for each $1 spent on hotels, car rentals, and attractions booked through Citi Travel® via cititravel.com or 1-833-737-1288 (TTY:711).
- 6x ThankYou Points for each $1 spent on air travel booked through Citi Travel® via cititravel.com or 1-833-737-1288 (TTY:711).
- 6x ThankYou Points for each $1 spent at restaurants, including restaurant delivery services, for purchases authorized between Friday 6:00 PM through Saturday 6:00 AM ET, and Saturday 6:00 PM through Sunday 6:00 AM ET (“Citi Nights”). Citi Nights eligibility is based on the day and time your restaurant purchase is authorized, not when the transaction is posted to your Account.
- 3x ThankYou Points for each $1 spent at restaurants, including restaurant delivery services, for purchases authorized at any time outside of Citi Nights.
- 1.5x ThankYou Points for each $1 spent on all other purchases.
Perks & Benefits
- $300 Annual Hotel Benefit: Once per calendar year, enjoy up to $300 off a hotel stay of 2 nights or more when booked with Citi Travel via cititravel.com or 1-833-737-1288 (TTY:711). To receive the annual hotel benefit, you must pre-pay for your complete stay with your Citi Strata Elite Card, ThankYou® Points, or a combination thereof. If you choose to use the benefit, up to $300 will be applied to your reservation at the time of booking. If your reservation is less than $300, the remaining amount of the annual hotel benefit will be available for your next qualifying purchase in that same calendar year. If your hotel purchase qualifies for the $300 Annual Hotel Benefit, you won’t earn points on the portion of the purchase that is offset by the benefit.
- Up to $200 Annual Splurge Credit’ on Eligible Brands: Every calendar year, earn up to $200 in statement credits on your choice of up to 2 of the following brands: 1stDibs, American Airlines (exclusions apply), Best Buy, Future Personal Training and Live Nation (exclusions apply). Once a Splurge Credit merchant is activated, credits will be issued for purchases at the activated merchant that post to the Citi Strata Elite Card, up to a total of $200 each calendar year.
- Priority PassTM Select Lounge Membership: Your Priority Pass Select membership includes access to airport lounges participating in the Priority Pass Select network but does not include benefits at restaurants, cafes, or markets in the network.
- Four Admirals Club® Citi Strata Elite Passes to American Airlines Admirals Club® Lounges: The primary cardmember must redeem one Pass to enter an Admirals Club lounge and may redeem available passes for each accompanying adult 18 years of age or older. The primary cardmember may redeem all four passes in one visit to bring in a maximum of three adult guests.
- Global Entry® Or TSA Precheck® Application Fee Credit: Up to $120 every four years.
- $200 Annual Blacklane Credit Every calendar year: Ride in style with up to $200 in statement credits toward a chauffeur service with Blacklane. Earn up to $100 in the first half of the year and up to $100 in the second half of the year.
- See full details here (link no longer working).
More
Current Prestige cardholders will be product changed to the Strata Elite. However that might not be immediately at launch. A new FHR-like program called “The Reserve by Citi Travel” lists both the Citi Strata Elite and Citi Prestige cards as eligible. So they will co-exist at least for a little bit.
Guru’s Wrap-up
There are now multiple sources that have similar details about the card. So my guess is that most of these benefits will come with the Citi Strata Elite card in some form.
The card sounds somewhat interesting, but we obviously need to know more details. They’re trying some unique things with Splurge Credit and Citi Nights, but especially the latter will likely be a mess when it comes to tracking it correctly. At least it looks like these credit will be based on calendar year. So double-dips or maybe triple-dips could be possible if timed right.
As for the signup bonus, we now know that it will be just 80K for most people. That’s quite low for a premium card with a $595 annual fee. CitiGold members will get a 100K bonus, but even that is not amazing.
Excited? Let us know in the comments!
HT: Chris
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