Citi launches high-end credit card to challenge Amex, J.P. Morgan

2 hours ago 1
Citibank logo sign on office building in Downtown Chicago

Julian Prizont-Cado

Citigroup (NYSE:C) has unveiled its new premium credit card, the Strata Elite, entering the competitive luxury card market dominated by American Express (NYSE:AXP) and J.P. Morgan Chase (NYSE:JPM).

With a $595 annual fee, the card is geared toward big spenders who prioritize

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