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.

Citi has introduced the all-new Citi Strata Elite Card with a high-value welcome offer to go with it. Who is eligible for the bonus? Find out the restrictions.

The new Citi Strata Elite is a very attractive travel credit card, even with its $595 annual fee, but its drawbacks might be discouraging.