Citi Premier Credit Card – Citi Strata Premier Trademark Application Suggest New Credit Card

Citi Strata Premier Trademark Application Suggest New Credit Card

Is Citi launching a new credit card?  We don’t know for sure. Keep reading to find out.

Citi was recently reported to have filed a trademark application for the “Citi Strata Elite.” This means a new Citi credit card is around the corner.  We are not sure what the credit card will be, but we suspect it may be new Citi’s luxury travel card.

Citi filed trademarks for Citi Strata Premier and Citi Strata Elite. The Citi Strata Elite was filed 8th of September 2022, while the Citi Strata Premier was filed 14th of December 2022.

It was stated that the application was for credit card product. Since Citi terminate application for Citi Prestige in 2021, there is probability that the Strata elite may replace the Citi Prestige product.

Also, the filing of trademark application offers more “starter” travel credit card plus less bonus and less annual fee.

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When we try to compare with other banks, the Chase Sapphire credit cards comes to mind.

Overview on Chase Sapphire credit card

Annual Fee: $95

APR: 21.49%–28.49% variable APR

Welcome Bonus: 60,000 bonus points

Credit Score: Excellent, Good

Actually, Citi has a Citi Premier credit card already, that may be rebrand to the Citi Strata Premier.

Overview on Citi Premier® Credit Card

Annual fee: $95

Intro APR: N/A

Regular APR: 21.24%-29.24% Variable APR

Balance Transfer:  $5 or 5% of the amount of every transfer

Cash Advance: $10 or 5% of the amount of every cash advance

Foreign Purchase Transaction: zero

Penalty Fees

  • Late Payment: Up to $41
  • Returned Payment: Up to $41
  • Recommended credit score: 690-850 (Good – Excellent)
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Though, Citi has not made any comment about a new credit card, and the trademark possible card names is not sure the original products will be launched.

Also, the process of trademark takes about 12- 18 months. Hence, if Citi have to wait officially for the registered trademark, it may take some time for the credit cards to be launched.

Nevertheless, Citi can still launch the credit cards with the names, and also claim trademark right before the trademark registration is made official.


Frequently Asked Questions

Is it hard to get approved for Citi Premier card?

To get approval for The Citi Premier® Card is not difficult. The card can be as easy to qualify for as most travel credit cards. Your approval chances can be high if you have an excellence credit and have not opened several cards in the past few months

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How long does Citi Premier approval take?

It takes within 30 days

Generally, you will get Citibank’s decision on your application within 30 days. However, several applicants can get approval much sooner than that time.

What is the starting credit limit for Citibank?

Citibank credit card limit is $500 to $2,000 at least, based on the card. For instance, the Citi® Double Cash Card – 18 month BT offer has a $500 minimum credit limit. On the other hand, the Citi Premier® Card has at least credit limit of $2,000