Citibank, a Forbes Advisor partner, is shaking up its credit card portfolio. Why launch one new card when two are twice as nice? The issuer is releasing both the -annual fee and the premium which has a annual price tag.

The highly anticipated Citi Strata Elite is finally here, but it may not fit into every traveler's strategy. Explore what this new card has to offer.

Rising annual fees and excessive statement credits have led to some fatigue in the premium credit-card market — but consumer demand persists.