As anticipated, Citi has launched a brand new premium bank card referred to as the Citi Strata Elite.
Signup Bonus
- Signup for a brand new Citi Strata Elite card and get 80,000 factors after spending $4,000 inside 3 months.
Rumors had been that there’s a 100,000 factors model of this in Citi branches. It would even be attainable to get an Citi banker to e mail you a hyperlink. Not clear whether or not this selection is obtainable for anybody or just for Citigold shoppers. We’ll replace after we be taught extra.
As all the time, there isn’t any broadly obtainable referral hyperlink program with Citi, and so it’s simply the common on-line public provide or presumably one thing particular in Citi branches, as talked about.
The high quality print signifies that this product runs by itself timeline for signup bonus functions, and you may the signup bonus even in the event you had been accepted for an additional Citi card:
Bonus ThankYou® Factors should not obtainable when you have acquired a brand new account bonus for a Citi Strata Elite℠ account previously 48 months or in the event you transformed one other Citi bank card account on which you earned a brand new account bonus within the final 48 months right into a Citi Strata Elite.
Card Particulars
- $595 annual price
- $75 for every Licensed Consumer
- There’s $145 annual price low cost when you have Citigold or Personal Shopper relationship with the financial institution ($200k+)
- Citi Personal Shoppers get the whole $595 waived for the primary 12 months
- No overseas transaction charges
- Card is a Mastercard. It’s the the primary World Legend Mastercard.
- Factors switch to American Airways, JetBlue, Virgin Atlantic, Cathay Pacific, Eva Air, Selection Accommodations, The Main Accommodations of the World and others.
Card Advantages
- $300 Annual Lodge Profit – Every calendar 12 months, get pleasure from as much as $300 off a lodge keep of two nights or extra when booked via cititravel.com.
- $200 Annual Splurge Credit score – Each calendar 12 months, earn as much as $200 in assertion credit in your selection of as much as 2 of the next manufacturers: 1stDibs, American Airways (exclusions apply), Finest Purchase, Future Private Coaching, and Reside Nation (exclusions apply). Bear in mind to activate two Splurge retailers.
- $200 Annual Blacklane Credit score – Each calendar 12 months, earn as much as $200 in assertion credit once you e book with Blacklane, a premium international chauffeur service. Earn as much as $100 on Blacklane purchases January via June and as much as $100 July via December.
- Precedence Go Choose membership – Take pleasure in complimentary entry to 1,500+ airport lounges worldwide. Annual membership price valued at $469. (Eating places not included, sadly.)
- American Airways Admirals Membership Lounge Entry Passes – Each calendar 12 months, obtain 4 Admirals Membership Citi Strata Elite Passes for entry to almost 50 Admirals Membership lounges (over $300 in worth). Inside every of the almost 50 lounges, you possibly can get pleasure from a collection of snacks, complimentary cocktails, private journey help and extra.
- $120 International Entry or TSA PreCheck Software Payment Credit score – Obtain an announcement credit score, as much as $120 each 4 years, as reimbursement on your utility price for International Entry or TSA PreCheck.
Factors Incomes
Card earns Citi ThankYou factors:
- 12x factors per greenback spent on Accommodations, Automobile Leases, and Sights booked on cititravel.com
- 6x factors per greenback spent on Air Journey booked on cititravel.com
- 6x factors per greenback spent at eating places on Citi Nights purchases, Friday and Saturday from 6 PM – 6 AM ET
- 3x factors per greenback spent at Eating places every other time
- 1.5x factors per greenback spent on All Different Purchases
Our Verdict
The main points listed here are largely what was rumored. The maths makes extra sense for somebody who’s CitiGold and pays simply $450 (and clearly for Personal Shopper who will get the primary 12 months price waived). For the remainder of us who’re paying the $595 annual price, it’s going to rely on loads of the way you worth the $300 lodge credit score and $200 Splurge credit score. The latter ought to be fairly precious given Finest Purchase American Airways, and Reside Nation choices.
On condition that the lodge and Splurge credit are per calendar 12 months, you possibly can double dip within the first 12 months (and presumably triple dip in the event you get the cardboard in December). I’d say it’s deal for the primary 12 months with the signup bonus and doubling up on the credit. Past that, it’ll rely on the way you worth the advantages and factors classes.
