Citi launches Strata Elite Card to rival Amex and Chase: From benefits, costs and perks — Here's all you need to know The new Strata Elite Card by Citigroup, with a $595 annual fee, seeks to ...

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Between the $595 annual fee and $1,500 in credits and perks, Citi’s new premium card takes direct aim at its biggest rivals.

With a $595 annual fee, the card is geared toward big spenders who prioritize travel and dining. Citi claims the benefits could add up to nearly $1,500 annually when fully utilized.

Citigroup is launching the Strata Elite Card to compete in the high-end credit card market. The card is priced at $595 annually, which is less than competitors like the American Express Platinum ...

Net card fees surged 20% year-over-year to $2.48 billion. Total expenses, however, increased by 14% year-over-year to $12.9 billion, largely due to higher variable customer engagement costs.

Citigroup is launching the Strata Elite Card to compete in the high-end credit card market.