The Citi Strata Card is the replacement of the Citi Rewards+ Card. Despite some changes to benefits, the Strata Card has improved earning rates.

With a annual fee, the positions itself as a premium card—and it largely delivers. While it may not offer quite the same perks as top-tier competitors, it holds its own with a strong lineup of benefits at a lower price point.

Rising annual fees and excessive statement credits have led to some fatigue in the premium credit-card market — but consumer demand persists.