Citi Strata℠ vs Southwest Rapid Rewards® Performance Business
Side-by-side comparison
| Citi Strata℠ | Southwest Rapid Rewards® Performance Business | |
|---|---|---|
| Annual fee | No annual fee | $299 |
| Welcome offer | 20,000 ThankYou® Points ($200 value) | 80,000 points |
| Advertising | 1% | 1% |
| Shipping | 1% | 1% |
| Office supplies | 1% | 1% |
| Phone & internet | 1% | 1% |
| Travel | 1% | 4% |
| Everything else | 1% | 1% |
| Est. yearly rewards* | $510 | $636 |
| Points type | Pools with Citi → transferable | Locked to Southwest Rapid Rewards |
| Network | Mastercard | Visa |
*Estimated yearly rewards on typical household spending, every point valued at a flat 1 cent. Verified June 2026. See your own numbers in the calculator.
The verdict
On a typical year of business spending, the Citi Strata℠ earns about $510 a year in rewards and the Southwest Rapid Rewards® Performance Business about $636, valuing every point at a flat 1 cent. The Citi Strata℠ has no annual fee, so its rewards are all profit. The Southwest Rapid Rewards® Performance Business charges $299, which you clear through its rewards and perks. Counting rewards, fees, and any credits, the Citi Strata℠ delivers more total value, about $173 a year more for a typical spender, mostly because it skips the annual fee the other charges. The bigger difference is the ceiling: the Citi Strata℠ earns points you can move to travel partners for outsized value, while the Southwest Rapid Rewards® Performance Business stays locked to a single airline or hotel program. Favor the Citi Strata℠ if you will use travel transfers, the Southwest Rapid Rewards® Performance Business if you want simplicity. On the sign-up bonus, the Southwest Rapid Rewards® Performance Business currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Southwest Rapid Rewards® Performance Business if your spending leans toward travel.