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.

An honest look at Citi's newest premium rewards card, built for travelers and high spenders looking to get more from every dollar.

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