Citi Strata Premier℠ vs Discover it® Cash Back
Side-by-side comparison
| Citi Strata Premier℠ | Discover it® Cash Back | |
|---|---|---|
| Annual fee | $95 | No annual fee |
| Welcome offer | 60,000 ThankYou® Points | Cashback Match, all cash back earned in year 1 doubled |
| Dining | 3x | 1x |
| Groceries | 3x | 1x |
| Gas | 3x | 1x |
| Travel | 3x | 1x |
| Streaming | 1x | 1x |
| Everything else | 1x | 1x |
| Est. yearly rewards* | $551 | $292 |
| Points type | Transfers to airlines & hotels | Cash back only |
| Network | Mastercard | Discover |
*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 household spending, the Citi Strata Premier℠ earns about $551 a year in rewards and the Discover it® Cash Back about $292, valuing every point at a flat 1 cent. The Citi Strata Premier℠ charges $95, which you clear through its rewards and perks. The Discover it® Cash Back has no annual fee, so its rewards are all profit. Counting rewards, fees, and any credits, the Citi Strata Premier℠ delivers more total value, about $164 a year more for a typical spender, mostly because it earns more where you spend most, on groceries and dining. The bigger difference is the ceiling: the Citi Strata Premier℠ earns points you can move to travel partners for outsized value, while the Discover it® Cash Back pays plain cash back. Favor the Citi Strata Premier℠ if you will use travel transfers, the Discover it® Cash Back if you want simplicity. On the sign-up bonus, the Citi Strata Premier℠ currently has the larger welcome offer. A welcome bonus is a one-time event, so weigh it apart from the ongoing rewards.
Pick the Citi Strata Premier℠ if your spending leans toward dining, groceries, gas.