#20
Revolut Card
7.6/10
Ranked #22 of 32
Overview
The Ledger CL Card (Crypto Life) is a debit card built for Ledger hardware-wallet users, powered by the Baanx-run CL platform and integrated directly into Ledger Live (now Ledger Wallet). Its defining trait is the security bridge: your long-term crypto stays in self-custody on your Ledger device, and you top up the card from it only when you want to spend, with automatic crypto-to-fiat conversion at checkout. It's the only card that combines hardware-secured cold storage, a spending card, and native BTC yield (via Lombard/Figment) in one app, plus crypto-backed credit lines (Cryptodraft/Stableloans) from 0% APR.
★ Ledger CL Card referral code
LEDGER1223
Using Ledger CL Card's referral code at sign-up may unlock a welcome perk where the provider offers one. Availability and amounts are set by Ledger CL Card and vary by region — check their site for current terms.
Rating breakdown
How the Ledger CL Card scores across the categories we weigh into its overall 7.5/10.
Fees & value6.6
Rewards7.4
Ease of use7.8
Security & custody8.8
Availability8.0
Cashback & rewards
The Ledger CL Card pays 1% cashback with no staking requirement, credited monthly and claimable in-app. You choose the reward asset: BTC or USDC in the US, BTC or USDT in other countries — or up to 2% if you opt to receive it in BXX, Baanx's own (volatile) token. Because the standard reward is BTC or a stablecoin, US/stablecoin users get predictable value while BTC-takers get price exposure. The crucial caveat is net economics: the 1% is only clearly positive when you fund the card from a fiat balance. Crypto-funded transactions incur a 2% card-spend fee (plus 1.75% FX on non-base-currency spend), which can turn spending into a net loss — so the rewards work best paired with fiat funding. Cashback excludes transactions funded by Cryptodraft credit.
| Tier | Requirement | Cashback | Monthly cap |
|---|---|---|---|
| Standard (BTC/stablecoin) | Enable loyalty program, no staking | 1% in BTC, USDC (US) or USDT (non-US) | Monthly, on all card spend |
| BXX option | Choose BXX as reward asset | 2% in BXX (volatile token) | Monthly, on all card spend |
| Cryptodraft-funded spend | N/A | 0% (excluded from rewards) | Not eligible |
Fees & limits
A snapshot of the typical fee structure. Always verify the live figures before applying, as providers adjust these often.
| Fee | Typical amount |
|---|---|
| Monthly fee | $Not specified |
| Card issuance | $0 (free virtual card; physical card free/low-cost by region) |
| Card spend (USD)Fee on purchases made in US dollars | 0% on fiat-funded spend; 2% card-spend fee on crypto-funded transactions |
| FX fee (non-USD transactions)Charged when you spend in a currency other than USD | 1.75% |
| ATM withdrawals | flat €2.50 plus 1.5% of the transaction value. |
How to get the Ledger CL Card
- 1. Download Ledger Live / Ledger Wallet (a Ledger hardware device is recommended but not strictly required).
- 2. Create a Crypto Life (CL) account in-app and complete KYC (you must reside in a supported country).
- 3. Order a free virtual card, or a physical card (ships in ~1–2 weeks).
- 4. Fund the card from your Ledger wallet with BTC, ETH, SOL, or stablecoins; conversion to fiat happens at purchase.
- 5. Enable the loyalty program and pick your cashback asset (BTC, USDC/USDT, or BXX).
- 6. Add the card to Apple Pay or Google Pay and spend at 90M+ merchants; optionally use Cryptodraft/Stableloans for credit.
Pros & cons
Pros
- Unique hardware-wallet integration, cold storage, spending, and BTC yield in one app
- Self-custody until you top up the card (your Ledger holdings stay under your keys)
- 1% cashback (up to 2% in BXX) with no staking requirement
- Choose cashback in BTC or a stablecoin (USDC in US, USDT elsewhere)
- Crypto-backed credit lines (Cryptodraft/Stableloans) from 0% APR
- Broad availability including the US (most states), Canada, and LATAM
- Apple Pay and Google Pay supported; free virtual card
Cons
- 2% card-spend fee on crypto-funded transactions (fiat funding avoids it)
- 1.75% FX markup on non-base-currency spend; combined drag ~3.75% on crypto spend
- Once funds move to the card, they leave self-custody (card balance is provider-managed)
- BXX 2% option pays a volatile token
- Requires full KYC; must reside in a supported country
- Reports of high effective spreads and slow customer support
- Not available in New York or Vermont (US); must pre-fund (debit model)
Is It Worth It?
Best for Ledger hardware-wallet owners and long-term hodlers who want to keep assets in cold storage and spend via the same app without routing through an exchange. Strong for users who value the security integration and native BTC yield, and who fund the card from fiat to keep the 1% cashback net-positive. A poor fit for those who'll spend directly from crypto (the 2% + 1.75% fees erode value), NY/VT residents, or anyone wanting the lowest-fee or fully self-custodial-at-point-of-sale card.
Where you can use it
Supported countries
Available in 39 countries
🇺🇸 United States
🇬🇧 United Kingdom
🇨🇦 Canada
🇨🇭 Switzerland
🇨🇴 Colombia
🇲🇽 Mexico
🇧🇷 Brazil
🇨🇱 Chile
Costa Rica
🇦🇹 Austria
🇧🇪 Belgium
🇧🇬 Bulgaria
🇭🇷 Croatia
Cyprus
🇨🇿 Czech Republic
🇩🇰 Denmark
🇪🇪 Estonia
🇫🇮 Finland
🇫🇷 France
🇩🇪 Germany
🇬🇷 Greece
🇭🇺 Hungary
🇮🇸 Iceland
🇮🇪 Ireland
🇮🇹 Italy
🇱🇻 Latvia
Liechtenstein
🇱🇹 Lithuania
🇱🇺 Luxembourg
Malta
🇳🇱 Netherlands
🇳🇴 Norway
🇵🇱 Poland
🇵🇹 Portugal
🇷🇴 Romania
🇸🇰 Slovakia
🇸🇮 Slovenia
🇪🇸 Spain
🇸🇪 Sweden
No match in the supported list.
Availability can change and may depend on your verification status. Always confirm on the provider's official site before signing up.
Frequently asked questions
Does the Ledger CL Card offer cashback?
Yes — 1% on all card spend with no staking, paid monthly in BTC or a stablecoin (USDC in the US, USDT elsewhere), or up to 2% if you take it in Baanx's BXX token. Cryptodraft-funded spend is excluded.
Is the Ledger CL Card available in my country?
It's available in the EEA, UK, US (except New York and Vermont), Canada, Switzerland, Colombia, Mexico, and Brazil. Check the app for your country.
Does the Ledger CL Card require KYC?
Yes. Full KYC is required, and you must reside in a supported country with a local address to receive the card.
Is the Ledger CL Card custodial or self-custodial?
Hybrid. Your Ledger wallet holdings stay in self-custody, but once you top up the card, those funds are converted to fiat and managed by the provider (Baanx) — so the card balance itself is not self-custodied.
What network does the Ledger CL Card run on?
Ledger and most sources say Visa, though Baanx's own CL FAQ references Mastercard acceptance — so verify for your region. It supports Apple Pay and Google Pay.
What are the fees?
No monthly fee and a free virtual card. Fiat-funded spending is 0%, but crypto-funded transactions carry a 2% card-spend fee, plus a 1.75% FX markup on non-base-currency purchases.
