Citi Strata Premier Pricing and Information Table

Citi Strata Premier Pricing and Information Table, as filed by Citibank, carries a purchase APR of 19.49%–27.49%, a $95 annual fee and a 29.99% penalty rate. Against the 4,587 filings on this site, that rate lands around the 66th percentile.

What the agreement puts on the record

This page covers the agreement Citibank filed for Citi Strata Premier Pricing and Information Table. The filing runs two pages.

Terms captured from the document include a purchase rate, a cash advance rate, a balance transfer rate, a penalty rate and an annual fee line. It is silent on a foreign transaction fee.

Pricing the purchase rate

The purchase APR is quoted as a range of 19.49% to 27.49%. That 8-point spread is the whole of what the filing commits to; the method for assigning a rate inside it is not in the document.

Read against the index, the low end ranks around the 59th percentile and the high end around the 66th — the band straddles a wide stretch of the market this corpus describes.

Because the rate is variable, the figure quoted is tied to an index and will drift with it. Nothing here is a fixed commitment.

What a balance actually costs

Carry $1,500 on this card for a year without paying it down and the purchase rate alone generates roughly $474 in interest.

A card priced at the corpus median of 21.99% would charge roughly $369 on that balance. This one charges about $106 more per year.

Broken down to a single thirty-day cycle, the same balance accrues roughly $34.26.

Treat this as an illustration of what the disclosed rate does, not as a projection of a real account, which would be shaped by payments and by the fees described elsewhere in the filing.

Charges beyond interest

The annual fee is $95, charged whether or not the card is used. Against the filings here that disclose a fee, that sits at roughly the 92nd percentile.

For scale, $95 is approximately what $346 of revolving balance would cost in interest over twelve months at this card's 27.49% rate.

Cash advances carry a cash advance APR of 29.74%. Cash is therefore 2.25 points dearer than buying something with the card. The grace period described below generally does not extend to cash advances, so interest on them usually begins immediately.

Balance transfers cost 0.05% of the amount transferred up front and then accrue at 19.49%. Transferring $3,000 would cost roughly $2 at the door.

The no-interest path

23 days is the disclosed grace period for purchases — the interval in which paying in full costs nothing. That is shorter than the 25-day corpus median.

The $0.50 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

The downside terms

A penalty APR of 29.99% sits in this filing, applied when the account falls into default as the agreement defines it. Against the 794 filings here that disclose one, that is roughly the 61st percentile.

Measured in money, moving from 27.49% to 29.99% costs an extra $100 or so annually on $3,000 — a far larger number than any single late fee.

Late payments are capped at $41 under this filing, about the 89th percentile of late fee maximums in the corpus.

How it sits in the issuer's own range

82 separate Citibank filings appear in the corpus. The issuer's own range is 25.99%–34.24%. At 27.49%, this agreement is dearer than 3 of its siblings.

Among the issuer's other filings that disclose a fee, 35 of 39 come in below this card's $95.

The limits of this document

Absent from the captured terms: a foreign transaction fee. The original document is the place to look for any of these.

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

Where the authority sits

The filed PDF is linked from this page and runs two pages. It is the authority for every figure summarised above; where this page and the document disagree, the document is right.

In short

The pricing here is middling by the standards of the index — 27.49% on purchases is near enough to typical. The $95 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves.