It is out with the outdated and in with the brand new.
Beginning Thursday, Could 9, Citi will not settle for new bank card purposes for the *citi premier* – its fashionable $95 annual price journey rewards bank card.
The explanation? Beginning on Could 16, Citi shall be changing and rebranding the Premier card because the Citi Strata Premier card. Whereas Citi hasn’t formally launched the small print of the brand new Strata Premier card simply but, Physician of Credit score is reporting that the cardboard will include virtually the very same advantages as the present Citi Premier card.
One thrilling change? The refresh is anticipated to come back with a souped-up welcome supply bonus supply of 75,000 Citi ThankYou® Factors after spending $4,000 within the first three months of card membership. That is significantly better than the present 60,000 level bonus for a similar spending requirement you may at present discover on the Citi Premier card.
That large bonus and a few profitable and distinctive methods to make use of Citi ThankYou factors ought to formally put the Strata Premier card in your radar in case you’re out there for a brand new journey card, and also you’re eligible to open it.
Let’s take a look at what’s coming with the launch of the Citi Strata Premier card subsequent week.
Citi Strata Premier Card: Advantages Overview
- Welcome Supply: Earn 75,000 Citi ThankYou® Factors after spending $4,000 within the first three months of card membership.
- Earn 3x Citi ThankYou Factors for each greenback spent on air journey and inns.
- Earn 3x Citi ThankYou Factors for each greenback spent at eating places, supermarkets, and fuel stations (together with EV charging).
- Earn 10x Citi ThankYou Factors for each greenback spent on inns and automobile leases once you ebook by means of the Citi Journey portal
- Earn 1x Citi ThankYou Factors for each greenback spent on all different purchases.
- Save $100 yearly on a single resort keep of $500 or extra once you ebook by means of the Citi Journey portal.
- No international transaction charges.
- Annual Charge: $95 (not waived)
What’s New With the Strata Premier Card?
Strata Premier card advantages are largely unchanged from the present and soon-to-be-discontinued Citi Premier card, besides for 2 underwhelming updates.
The Citi Premier card has lengthy been an effective way to earn 3x factors at fuel stations, and with the brand new Strata Premier card, cardholders can now earn 3x on EV charging, too – one thing not at present supplied with the Premier card.
The opposite change issues incomes 10x factors on inns, automobile leases, and points of interest once you ebook by means of the Citi Journey portal. This profit on the Premier card was set to run out on June 30, however with the brand new Strata Premier card, will probably be a everlasting profit.
Past that, the Strata Premier card can have the identical $95 annual price because the Premier card and virtually all the similar card advantages. It merely comes with a better sign-up bonus, which is price taking note of.
Who’s Eligible to Apply for the Citi Strata Premier Card?
Should you’ve acquired a brand new account bonus for a Citi Premier or a Citi Strata Premier account prior to now 48 months (4 years), you will not be eligible to earn the welcome supply bonus on the brand new Citi Strata Premier come subsequent week.
Aside from that restriction, incomes welcome bonus provides on different Citi playing cards shouldn’t have an effect on your eligibility to use for this card.
As for what’s to occur to present Premier cardholders on whether or not or not they get to maintain their present playing cards or will obtain the up to date Strata Premier, we’ll should buckle in and see what Citi decides to do.
Learn our grasp information to bank card purposes with all the principles it is advisable to know financial institution by financial institution!
Backside Line
Citi is again with a brand new(ish) journey card and a welcome bonus supply to switch the Citi Premier Card. Beginning tomorrow, Could 9, Citi will discontinue the Citi Premier Card and it’ll not be accessible for brand spanking new purposes. On Could 16, the financial institution will launch the brand new Citi Strata Premier card which is able to largely be the identical card – simply with a brand new identify.
What’s rumored to comply with later this 12 months is the introduction of a extra premium journey card dubbed the Citi Strata Status. This card is anticipated to switch the at present discontinued Citi Status card and compete with the premium bank card choices from Chase, American Categorical, and Capital One.
Keep tuned.