Citi’s Strata Elite Card challenges AmEx Platinum and Chase Sapphire with travel-heavy perks

With 12x points on hotels, $200 ‘splurge’ credit, and Admirals Club passes, Citi is making a bold move back into premium credit cards.

Not willing to be caught idling while Chase and American Express release new premium credit cards, Citi is launching one of its own: the Citi Strata Elite Card.