Citigroup Targets the Luxury Segment: New Premium Card "Strata Elite" Aims to Challenge Amex and J.P. Morgan

With the "Strata Elite," Citigroup is now officially entering the high-end credit card market – an area that has so far been firmly held by American Express and J.P. Morgan. The new card is specifically targeted at frequent travelers and connoisseurs who are willing to dig deep into their pockets for exclusive benefits. The annual fee is $595, but Citi promotes a potential value of up to $1,500 with full utilization of the benefits. Extra bonuses for travelers and connoisseurs The best points can be earned for hotel bookings, car rentals,...