A practical choice if you use a Ledger and live in the US, UK or EEA and want a flat 1% back without staking. If you spend mostly from crypto, compare the 2% card-spend fee with self-custody cards that charge less.
Score breakdown
How we read the terms: Free virtual card, no monthly fee, flat 1% cashback with no staking. FX is not scored: the only figure (0%) comes from a 2023 fee document, and a 2% card-spend fee applies when you pay with crypto.
Not rated yet: verified criteria cover 55% of the weight, and we need 70% to give an overall score. How scores are calculated.
Pros
- 1% cashback in BTC or a stablecoin, no staking required
- No monthly fee and a free virtual card
- Available in the US, UK, EEA and several other countries
- Apple Pay and Google Pay
Cons
- 2% card-spend fee when paying with crypto, plus 1.75% crypto-to-fiat conversion
- Custodial: you move funds from Ledger to a card account first
- No free ATM withdrawals
- Ledger and Crypto Life list slightly different countries
Overview
The CL Card is provided by Baanx (Crypto Life) and designed for Ledger users. In the EU the card and account are operated by UAB Monavate, in the UK by Monavate Ltd, and in the US it is a Visa debit card with Cross River Bank.
You fund the card by moving crypto from Ledger Wallet into your CL card account, and it’s converted to fiat when you pay. Cashback is 1% in BTC or USDT (BTC or USDC in the US). Baanx’s platform fees list a 2% card-spend fee on crypto and 1.75% for crypto-to-fiat conversion; bank-transfer deposits are free.
We haven’t run a hands-on test of this card; this review is based on the issuer’s published documents linked on this page.
Fees and limits
- Card issuance (EEA/UK)
- €0 (free virtual card)source
- Monthly fee (EEA/UK)
- €0source
- FX fee (EEA/UK)
- Not verified
- Top-up (EEA/UK)
- Bank transfer free; card load €2.00 under €56, else €0.60 + 2.49%; 2% card-spend fee when paying with crypto; 1.75% crypto-to-fiatsource
- Free ATM per month (EEA/UK)
- None: €2.50 per domestic withdrawal; €3.00 + 1.5% in foreign currencysource
Fees are quoted from the issuer’s documents for the region shown. Each “source” link opens the issuer’s page; the wording is quoted in the availability table and in the link’s tooltip.
Is it worth it? Quick math
Entry tier, €1,000 a month of everyday spending in the card’s currency, first year, compared with a plain 2% cash-back card. Only the verified figures above are used.
- Cashback earned
- €120
- Card fees (issuance + 12 × monthly)
- €0
- Net value, year one
- €120
- Plain 2% cash-back card
- €240
At this spend, a plain 2% cash-back card earns €120 more.
Cashback paid in a volatile token can be worth more or less when you sell it. FX and top-up fees are not included here.
Availability
| Region | Status | What the issuer says |
|---|---|---|
| US | Available | “The CL Card is currently available in the EEA, the UK, the US”source |
| UK | Available | “The CL Card is currently available in the EEA, the UK”source |
| EEA | Available | “The CL Card is currently available in the EEA”source |
By country
Other regions listed by the issuer: EEA, UK, US, Canada, Switzerland, Colombia, Mexico, Brazilsource. Not legal advice; an issuer can refuse any applicant.
How to get the card
- 1Open Ledger WalletInstall the Ledger Wallet app; a Ledger signer is recommended but not required.
- 2Choose the CL CardGo to the Card section, select your country and pick the CL Card.
- 3Verify and fundComplete verification with Baanx and move crypto from Ledger Wallet to your card account.
- 4SpendAdd the card to Apple Pay or Google Pay, or order a physical card.
Ledger CL Card: common questions
Is the Ledger CL Card self-custody?
No. You transfer crypto from your Ledger wallet into a CL card account run by Baanx before you spend, so the card balance is custodial.
How much cashback does the CL Card pay?
Ledger says rewards are 1% cashback in BTC or USDT, or BTC or USDC in the US, credited monthly. No staking is required.
Alternatives and comparisons
Information only, not financial advice. Crypto assets are volatile. Terms change often — confirm on the issuer’s site before applying.