Image: Ledger

Ledger CL Card review: fees, cashback and limits

Name: Ledger CL Card
Brand: Ledger

Move crypto from your Ledger to a Visa card when you want to spend it, with 1% back.

By Taimoor, founder and editor Last checked 16 October 2026 1 source

4.9out of 10

Quick answer

The Ledger CL Card is a Visa debit card run by Baanx that you top up from your Ledger hardware wallet. There's no annual fee and it pays 1% back monthly in BTC or a stablecoin. Spending crypto costs 2%, FX costs 1.75% and ATM withdrawals cost €2.50 at home or €3 plus 1.5% abroad. Once moved to the card, funds are custodial.

Ledger CL Card at a glance

Best for	Ledger owners who want to keep savings in cold storage and spend small amounts.
Skip it if	You want low spending fees.
Network	Visa
Card issuer	Baanx (CL platform), with UAB Monavate as the EEA account provider
Custody	Custodial once moved to the card wallet. Long-term holdings stay on your Ledger.
Card type	Debit
Virtual or physical	Physical and virtual
Cashback	1% monthly
Annual fee	None
Apple Pay / Google Pay	Not confirmed / Not confirmed
Identity check (KYC)	Required
Where it works	The US, EEA, UK, Canada, Switzerland and parts of Latin America (Colombia, Mexico, Brazil).

Ledger CL Card fees

Card cost	Not published
Annual or membership fee	None
FX and cross-border	1.75%
Crypto conversion	2% on crypto-funded card spending. 1.75% for manual conversion in Ledger Live.
ATM withdrawals	UK €2.50 flat. Abroad €3 plus 1.5%.
Other fees	Transfer out: 0.4% to 0.5% depending on asset

Visa applies its own exchange rate on top of any card markup. Check the fee page in the Ledger CL Card app for your country before you load money. To see what Ledger CL Card would cost you in a year compared with every other card, try the cost calculator.

What a $100 purchase costs with Ledger CL Card

$2.00Paid from stablecoins in the card's own currency

$3.75Paid from stablecoins in a foreign currency

$2.00Paid from other crypto, like BTC or ETH

$1.00Cashback on $100, Standard tier

These are Ledger CL Card's own fees on the Standard tier, before the card network's exchange rate and any ATM or top-up costs. Its FX markup of 1.75% is higher than the median of 1% across the 60 cards we track with a published FX fee, and cheaper than 13 of them. For a full year based on your own spending, use the cost calculator.

Where it ranks by our score: #18 of 20 in United States #7 of 7 in Canada #33 of 36 in Europe (EEA)#20 of 20 in United Kingdom #26 of 27 in Latin America

Cashback and rewards

1% back paid monthly in BTC or USDC (US), or BTC or USDT elsewhere

Deposits and withdrawals

How to top up

Send BTC, ETH, SOL, XRP, LTC, UNI, USDC, USDT, BXX or EURT from your Ledger
Fund with fiat to avoid the 2% crypto spending fee

Fees: Conversion and spending fees apply.

How to withdraw

Transfer back out
ATM withdrawals

Fees: 0.4% to 0.5% transfer fee. ATM fees vary.

Supported assets: 10 assets including BTC, ETH, SOL, USDC and USDT.

Where Ledger CL Card works

The US, EEA, UK, Canada, Switzerland and parts of Latin America (Colombia, Mexico, Brazil).

Sources give different country counts, so check in Ledger Live.

United StatesCanadaEurope (EEA)United KingdomLatin America

Limits and perks

Limits

Not published

Perks

None published

Pros and cons

What's good

Keep savings on your Ledger, move only what you spend
No annual fee
1% back in BTC or stablecoins

What's not

2% fee on crypto spending
1.75% FX
Custodial once on the card

Our take on Ledger CL Card

The CL Card lets Ledger owners keep long-term savings in cold storage and move only what they plan to spend onto a Visa card. It's run by Baanx, the same company behind earlier MetaMask card infrastructure.

It's not cheap. Spending crypto costs 2%, FX costs 1.75%, and ATM fees are flat plus a percentage abroad. The 1% monthly cashback helps a bit. Funding with fiat avoids the 2% crypto fee.

Convenient for Ledger users who value cold storage, but expensive to spend from.

How we scored Ledger CL Card: 4.9/10

Methodology

Fees 30%

3 2% crypto spending fee and 1.75% FX.

Rewards 20%

5 1% monthly.

Control 20%

5 Cold storage for savings, custodial card wallet.

Reach 15%

7 US, Europe, UK, Canada and parts of LatAm.

Flexibility 15%

6 10 assets plus fiat.

Ledger CL Card FAQ

How much does the Ledger CL Card cost?

Not published. Annual or membership fee: None.

Does Ledger CL Card have cashback?

1% monthly. 1% back paid monthly in BTC or USDC (US), or BTC or USDT elsewhere.

What are the Ledger CL Card FX and ATM fees?

FX: 1.75%. ATM: UK €2.50 flat. Abroad €3 plus 1.5%.

Where is Ledger CL Card available?

The US, EEA, UK, Canada, Switzerland and parts of Latin America (Colombia, Mexico, Brazil). Sources give different country counts, so check in Ledger Live.

Is Ledger CL Card self-custody?

Custodial once moved to the card wallet. Long-term holdings stay on your Ledger.

Sources

SpendNode: Ledger CL card reviewFees, issuer, assets, countries, verified Oct 14, 2026

We checked these sources on 16 October 2026. Fees and rewards change often. Spotted something out of date? Report a correction and we'll check it within two working days.