Stratus Rewards, a division of Stratus Media Group, is planning to introduce an elite credit card in Europe this summer that will be available only by invitation and will cater to wealthy consumers.

Stratus Rewards in Santa Barbara, Calif., has pursued a similar strategy in the United States with mixed results. It introduced a card, issued by U.S. Bancorp, in 2004 but ended the partnership and stopped issuing the cards in 2006. Representatives of U.S. Bank and Stratus Rewards would give no details on why the partnership ended.

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