The Strata Elite earns 3.0X on hotels, 1.0X on all_purchases with a $595 annual fee.
Our Verdict
The Strata Elite is a points rewards card from Citi that carries a $595/yr on the visa network. At its core it earns 1.0X ThankYou Points on everyday purchases, making it straightforward for cardholders who want predictable, consistent returns.
Points enthusiasts will find the most flexibility with the Strata Elite. ThankYou Points can be redeemed for travel, gift cards, statement credits, or transferred to loyalty partners. Cardholders who maximize transfer partners often extract 1.5–2+ cents per point, well above face value.
The $595/yr fee is the key variable — run the numbers against your actual spending. If the rewards and benefits offset the fee, this card earns its place in your wallet. If not, consider a comparable no-fee alternative.
Apply for the Strata Elite →Rewards Structure
Fee Analysis
The Strata Elite charges $595 per year. To justify this fee, you need to earn at least $595 in rewards and benefits annually.
Statement credits: $250 Travel Credit ($250/yr), $100 Hotel Credit ($100/yr). These credits total $350/yr, bringing the effective annual fee down to $245.
Premium cards like this typically pay for themselves through travel credits, lounge access, hotel status, and insurance protections. The fee is worth it if you actively use at least 2-3 of these benefits.
Where This Card Earns Bonus Rewards
| Category | MCC Code | Bonus Rate | Example Merchants |
|---|---|---|---|
| Hotels | 7011 Lodging – Hotels, Motels, Resorts, Central Reservation Services (not elsewhere classified) | 3x | 21c Museum Hotels, 25hours Hotels, AC Hotels by Marriott, Alila |
Click any MCC code or merchant name to see all cards that earn bonus rewards there.
Benefits
Effective Annual Fee
Strengths and Weaknesses
Strengths
- 3X top earn rate on bonus categories
- No foreign transaction fees
Weaknesses
- $595 annual fee
- 1X base rate on non-bonus spending
How to Apply
You can apply for the Strata Elite directly through Citi's website. The application takes about 5 minutes and requires your Social Security number, annual income, and housing payment information. Most applicants receive an instant decision. Note that the $595 annual fee is typically not charged until your first statement closes.
Before applying, check if you are pre-approved on Citi's website — a pre-approval uses a soft pull and does not affect your credit score.