After two years with drips of news about an upcoming Strata Elite card, Citi has now made it official by announcing there will be a premium card called Strata Elite to be launched in the third quarter of 2025. It was mentioned in the recent earnings report (pdf link) and also reported today by Bloomberg (archive link).
No additional details were given on the card. We can expect it to replace the former Citi Prestige card with a high annual fee (Prestige was $495), as well as lounge perks, travel credits, and the like.
Citi turned their fee-free Rewards+ card into a fee-free Strata card, their $95 Premier card into a $95 Strata Premier card, and soon we’ll have back the equivalent of the high-fee Prestige card in the upcoming high-fee Strata Elite.
