Citi Launching New Playing cards?
🔃 Replace (Mar 11, 2024) – Some new data has emerged about these new Citi playing cards. Reportedly there’s a private and enterprise model, and playing cards ought to be coming in Q3 of 2024 The playing cards can have an elevated bonus with a $6,000 spending requirement, and can seemingly compete with Enterprise X. The cardboard(s) will provide advantages reminiscent of journey protections, buy protections, Precedence Go and extra. (HT: Joe Barreto)
🔃 Replace (Feb 10, 2023) – There was a remark at FM concerning these playing cards, which is smart. “Possible in late April, Citi will restart the Status card below the Strata Elite moniker”. What’s attention-grabbing is that the commenter additionally says that “the incomes construction on the revamped card would possibly shock some.”
➡️ Authentic article (Dec 30, 2022) – Citi appears to be planning two new bank card merchandise. These may very well be utterly new playing cards, or potential alternative for present Citi merchandise.
In latest months, the corporate has utilized to register two logos. One is “Citi Strata Premier” and the opposite “Citi Strata Elite”. The “Citi Strata Elite” trademark was filed on September eighth, 2022 after which the “Citi Strata Premier” was filed on December 14, 2022. Descriptions for each logos recommend that these are bank card merchandise.
There’s no further details about these playing cards and Citi hasn’t revealed any plans about new bank cards.
The names of the playing cards recommend that these can be some sort of premium merchandise. Presently Citi has the Status card which as its most premium choice. However this card has not been accessible for brand new functions since 2021. Citi additionally has a “Premier” card already, the Citi Premier, with a $95 annual payment.
It wouldn’t make sense for Citi to have a Citi Premier and a Citi Strata Premier card. So the brand new card might very nicely be a alternative for the present Premier. And the Citi Strata Elite may very well be the Citi Status alternative. This might give Citi a streamlined providing of its on playing cards, related the Sapphire playing cards from Chase.
However simply because a financial institution recordsdata for a trademark, it doesn’t imply that new card is coming to the market. They might simply be pondering of recent concepts after which scrap it altogether.
Let me know what you assume!
HT: Proud Cash and Physician of Credit score
