Where there’s smoke there’s fire, and after dozens of smoke signal rumors about an impending Citi Strata credit card for what’s felt like years, it’s now almost here.
We’ve received word that Citi will be retiring the Premier card for new applications from May 9, 2024. It’ll be replaced by the Citi Strata Premier card a week later on May 16.
We don’t have any further details right now about the Citi Strata Premier card, so it’s not known as of yet what its annual fee will be, nor its card benefits, transfer partners, welcome offer bonus, earning multipliers, etc.
It’s also unknown as to whether Citi will product change Premier cardholders into the new Strata Premier card at their next renewal, but I suspect not considering how long people have been able to maintain other Citi credit cards after their retirement.
There’s no word either on whether or not Citi will later launch a premium Strata card, similar to the old Citi Prestige card.
Seeing as you’ll no longer be able to apply for the Citi Premier card after May 9, it might be tempting to apply for that ASAP as it’ll be your last opportunity to get the card. However, we don’t know what the application rules will be for the new Strata Premier card. If it launches with a rule that says that you can’t earn a welcome bonus on a Strata card if you’ve earned one on a Premier card in the last 48 months, you’d be ruling yourself out of getting a Strata bonus for four years. Citi has been weird with welcome offers over the last 5 years, so it’s hard to know if the Strata will rock our worlds with a generous welcome offer, if it’ll be a continuation of the Premier’s 60k offer or if they hope that hype around the new card will mean they can offer a less generous welcome bonus.
Your Thoughts
What would you like to see from the new Citi Strata Premier credit card? Let us know in the comments below.
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