NEW Citi Strata Premier Review: Worth $95?! Chase Sapphire Preferred Competitor?
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- Äas pĆidĂĄn 6. 06. 2024
- đł Sebby's Card Picks: www.asksebby.com/go/cardpicks Click "Show More" to see Ad Disclosure.
Timeline
0:00 Start Here
0:21 Citi Strata Premier Overview
1:29 Downgrade Options
3:02 Who Should Get This Card
4:54 $100 Hotel Credit
7:03 Travel Insurance Benefits
7:51 Transfer Partners
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There's a great exchange in an early episode of Curb Your Enthusiasm between Larry and Ted Danson involving Larry giving Ted a shirt as a gift but the shirt is ripped and needs tailoring. To paraphrase Ted's response to Larry, the Citi Strata hotel credit isn't a $100 gift, it's a bill for $400.
Thanks Sebby, as always great content! With the new cards from BofA and Citi, it would be great to see a mid-tier card shoot-out video between the major issuers.
Congrats on 300k, well deserved for one of the CZcams Credit Card OGs
Thank you! :)
"What you're probably thinking" ... haha that cracked me up. Great overview Sebby!
Me too đđ
đ
đThank you for the deets!! I had the Citi Thank You card and literally just got a letter notifying me of this new card⊠which I had no clue if anything changed! đđ đ đ„
Great video, thank you. đ„
Great video. I didn't know that the 3x on Supermarkets works globally :D Do u know if this is the same for the 3x on Restaurants for the Sapphire Preferred? I really like ur channel!
I applied at 9 PM last night and was approved! I thought Iâll be denied because I got approved for seven personal and four business cards in the last 12 months đ đ đ
They are more approval happy at the beginning of card releases
Did citi rename the card so the abbreviation is CSP, on purpose?đź
Haha, good catch!
What if you had the premier card within the last 48 months? Will one get declined for this card? Did you mention this, and i missed this?
đ„ will the insurance cover primary car rental insurance?
Itâs very similar to the chase preferred with a similar hotel credit. The credit basically covers taxes and feee of the $500 stay.
great video as usual Seb. Question though, didn't Citi get rid of the 24 month anti churning rule for the TY family cards? I recently got approved for the Strata and I'm seeing only the bonus anti rule only applying to previous Premier and Strata???
Yep! It's back to per card :)
ty sebby. great as always. what do you think about the rumored citi strata elite? is it for real? if i get this card, will that shut me out of any sub the elite might have?
Strata Elite = I think so; feels logical to me.
Intro bonus = Crystal ball but I would guess no. Main reason being that they got rid of the "1 TY family" rule recently.
Auto camping in Cape Cod comes with a butler, right?
Great video! Considering adding the Strata Premier. Also donât forget about Choice Hotels and they 1:2 transfer rate đ„
Any good use cases you like for Choice? :)
I got the Chase Marriott Bonvoy Boundless back on February 4th. So next year on February 5th 2025 I should be good to go for product change to Ritz Carlton right? Or do I have to wait for around February 20ish for the annual fee to post? Also the Ritz Carlton Free Night Award is based on the card anniversary date. So does that mean I won't be getting the Free Night on that first year for that card? If that is the case shouldn't I just wait until January of 2026 to product change?
I want to apply for the card but just applied for 2 cc within the last month. Would it be better to wait than to risk the odds of being declined?
Yeah I am downgrading to Citi ATT before my renewal to keep the 3% gas benefit. Wanna get the CSP
Interesting didnât know the ATT was a downgrade path.
I'm going with the Premier over the Sapphire simply for the 3 x back on groceries. Plus you get 3 x back on travel and hotel without having to use the portal.
Same. Chase not having a reliable groceries category is the main reason I'm not all-in. I'm always denied at C1 so looks like Citi will be my new ecosystem
CSR does hotel and travel without the portal, too, but I suppose you're comparing against the CSP, which I don't know about.
@@kaylashoemaker7897what would be a good citi card to go with this card ?
Thanks Sebby! đ„ Do you by chance know the terms of trip delay? I know it is 6 hours, but not sure of the rules. Currently I use the reserve for flights but Iâm wondering how this card compares?
6hrs or more. That's elite!
@@RSquared-travel-rewards yeah I know, but it might have rules. Meaning it might have to be paid for with cash, and would have to be a round trip. Depends on the card. The reserve is great because it doesnât matter how you purchased the tickets
Iâve had the Citi Premier for years and it really is an amazing workhorse card. I also combine it with the Custom and Double Cash cards to complete the Trifecta
Thinking about getting this card as my 2 of 3 for the citi trifecta, first being double cash (3 months ago). Experian is 735, oldest card was opened 16 months ago. Also have been banking with citi for a year to get brownie points.
Do you think I have a decent chance? I hope they will be more approval happy with a freshly launched card.
Shouldnât be an issue with low inquiries!
đ„ nice video
đ„ Thanks for outlining the points about this revamped card. I was already thinking to get it when it was just the Premier due to one of your other videos about the Citi tri-fecta. I have the Citi Custom Cash (and aCiti AAdvantage but that doesn't affect this) which I only use for 5X on groceries every month. I'd use the Premier to pick up where that one leaves off, usually have a week's worth of shopping left, after reaching $500, for feeding a family of 5. Not interested in the hotel credit or booking on Citi Travel. BUT I am wanting to transfer my TY points from the CC card and add in w/ the Strata points to finally transfer to an airline. After my CapOne Venture X, this set up would be the second biggest earner and looking forward to using the points from all cards to fly back to Europe.
FYI: The Strata can be upgraded to the PRESTIGE by calling the number on the back of Strata to determine eligibility. (according to Citi's website)
I'll have to look into that. I have the Citi Premier and been receiving emails that it's going to be rebranded as Strata. I wonder if it's only through Strata or if Premier can be upgraded to Prestige through PC.
Yes, look in to it, and let us all know how it goes --- maybe with some criteria that they are looking at for the conversion.
Citi's FAQ was a mistake :( frequentmiler.com/can-you-upgrade-to-the-citi-prestige-should-you/
"Update: A Citi spokesperson has reached out to let us know that the the FAQ question is an error. Citi Prestige is not open for acquisitions and Citi cardmembers cannot be upgraded into it."
Haha, I can believe it -- Citi's intention is probably not to introduce a new card just to dwindle the initial sign-up numbers with people switching it to something else. People may be disappointed if the website's information is in error. But, without some improvements, the Prestige in it's current form wouldn't be enough to interest me right now.
My overall ethos for life in general is that money talks, and even without loads of money, most anything is possible. If you really want something, there is an honest way to achieve it. There are often different sets of rules employed simultaneously, so seek more favorable contract terms; rules are not always as set-in-stone as people often accept when you have a compelling argument that is convincing enough to open doors, so I sometimes I get told, "No", but I always try if I really want something.
@@AskSebby #CopyPastaVictims Was mulling downgrade paths for my current Premier but this makes it easier knowing it's not possible. Thanks for the update, sir!
good card, but i have too much overlap. doesn't incrementally add anything to my lineup.
Can you do a video about yotta (the bank you endorsed) not allowing people to withdraw money?
I loved how you addressed the couples bed đđđ
Also worth noting the 10x on hotels through the portal can help support the booking through the portal to take advantage of the $100 credit đ other booking optionsâŠjust have to do the math and see if itâs worth it.
Good point!
Hi Sebby, can you transfer points on the Citi Preferred Card to the New Citi Stata Premier. My father just told me he has 300,000 on his Citi Peferred... I said..OMG.
Do you suggest waiting for Strata Elite?
Might make sense if you're worried about a "family" style rule. They also did remove the "TY family" language for the Premier / Strata that was previously there, so maybe non-factor?
Wait if you want to de-risk and you have other cards to get :)
Love the citi trifecta. And now itâs even better! Feel like itâs a bit under appreciated. Hereâs how I use it & itâs the only 3 cards I really need.
Premier - 3% Flights, hotels, dining, grocery
Custom Cash - 5% on one category, I use this as my dedicated gas card
Double cash - 2% catch all card
It's one of the best "set it and forget it" type of cards (and setups!).
The car insurance is not primary I think
Great Card IF you can use the $100 Hotel credit annually!
If not I think it's not worth it.
The most appealing aspect for me is the groceries cat. Why chase has never bothered to include one, I don't understand. I've had to use my blue cash preferred Am Ex just to fill that gap. Would much rather have my groceries (biggest spend) count toward travel points
same
đ„ I want one, but I really need a preferred card first
đ„ I still remember Sebby was so upset when Citi removed all their Travel Protections few years ago!
I already have the Citi-Double Cash & Custom Cash but missed the 80K last year.
I planned to use your referral link but somehow only 70K so (SORRY) have to get the 75K SUB one.
It's funny because we're finally editing through that footage on the Mandy Roams channel right now LOL. Yeah, definitely go for the 75k :)
IHG one first if you're curious: czcams.com/video/6DSZG44d9kg/video.html&ab_channel=MandyRoams
@@AskSebby
Thanks for the info that I have left comment to the Bora Bora video!
My wife has gotten the âCitiSPâ approved so Iâll do the same later.
I plan to pay mortgages thru Plastiq then apply for the ChaseSP (using my sonâs referral link) as late as possible. Iâll update the results FYI!
Now that I am in the end game, I am pretty much sticking with Chase, Amex with a sprinkling of Bilt.
With Citi returning to the ring, the Chase Sapphire Preferred needs a refresh now - a real grocery category at least, maybe add gas/EV too and bump travel to 3x. Otherwise the Citi trifecta curb stomps the Chase trifecta in organic spending earn rates đ€·ââïž. (In before boohoo but mah Hyatt).
đ„ Shoutout to the MX Master 3, itâs a great mouse.
I think Citi is the most underrated Credit Card issuer. Chase is overrated.
Is there pre approval for this card? Or other ways to tell approval odds?
I did not qualify for preapproval but still got approved. Apparently theyâre inquiry sensitive so check which agency they pull for your area and make sure you donât have too many HPs recently. Other than that Iâm LOL/24.
Iâm 3/24 3/12 0/6 should I try?
Itâs a solid earner, I wish they put more effort into the design and feel of the card looks cheaper than the Premier card design.
i applied for this card and was approved..đ
Congrats on the approval :)
Depending on what transfer partners you use, the Citi might be better than the Chase now that it has travel insurance again. đ„
So basically the same card as Citi premier?
Plus the common travel insurance programs
Yup, rebrand + adding travel insurance back.
This card seems like a winner but Iâm still iffy on Citis customer service. Iâve also heard from people they have a habit of flagging international purchases as fraud even if you give them notice. But maybe thats anecdotal
I know Barclays is overly sensitive about âfraudâ, necessitating phone calls to clear practically every new vendor you buy from.
It would be better to have the opportunity to factor in the opportunity cost of using other cards that offer 1.5% cashback and see if it makes sense to get a new card or not
300k đŸ
Thank you! :)
i think its a step in the right direction, but i wish it offered better travel insurance & primary CDW. Sorry Citi, im sticking with chase or AmEx
Amex doesnât even have primary cdw. Chase though does
@@naveenthemachine - true but amx does offer an optional primary CDW for a small fee
*I think for MANY people.... Citi Premier beats Chase Sapphire SIMPLY FOR THE FACT that they have flat 3x groceries.... Chase is severely lacking in a grocery category (not counting the "online" groceries that 99% of people don't do). Plus you get x3 on Travel and Hotels without having to book through the portal, unlike Chase. I honestly think with this new card I will completely use a Citi trifecta now.... sorry chase!*
Hi
Hellooo!
CSP vs CSP
đ„ I wish Costco accepted Amex and Mastercard đ
For that reason, this card is a no go for me đ
đ„
people do it, though đ€«
đ„I'm glad something new is on the scene. I think the CSP wins in terms of primary rental insurance, but Citi strata wins on hotel credits
CSP will always win till they have Hyatt.
Both are CSPâs đ€
I feel like youâd be a good league of legends player. Iâm terrible
đ„ Citi kind of screwed me by raising my rate literally right after I recently paid off my big card with them and it put a bad taste in my mouth, but this card looks like a start. I just started the c1 duo (vx and s1). Maybe next year Iâll reconsider, for now my Citi cards will stay zeroed
What date did they raise, interest rate? That shouldnât matter if youâre paying in full. If you are paying interest youâre not maximizing reward cards
@@PuertoRicanSloth they raised it on the last months bill. I know it doesnât matter given that I pay in full, however I see it as a business relationship and if they arenât going to give me a good rate if I choose to pay interest then I donât need them as I have other options
Most credit cards are raising rates exponentially (e.g. over 20%) these days even if one has a high FICO score(e.g. over 720).
You can thank the Fed for raising the base interest rates as they try to put a lid on inflation in general.
Ok....but it's a Citi bank card ..
$500 for a hotel stay đ ... That's not happening for a place im just going to sleep
So basically they rebranded the car just to add travel protections and EV charging
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Squuuuuuad
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5th
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Team Citi for the groceries!!!! đ„đ„đ„©đ„đ
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