The Baanx / Ledger CL Card earns 1-2% cashback on a Visa debit card with no annual fee, available in US/UK/EU/LATAM/Canada.
Baanx is a London-based fintech that provides white-label crypto card issuing and embedded-finance infrastructure for crypto wallets and exchanges, and operates the Crypto Life (CL) consumer card brand. The company holds an Electronic Money Institution authorization in the UK and EU/EEA, and has partnered with Mastercard, Visa, Ledger, 1inch, MetaMask, and Tether to issue card products.
The Baanx / Ledger CL Card is a crypto debit card offered by Baanx (Crypto Life), available in US/UK/EU/LATAM/Canada. It offers 1-2% cashback across 2 reward tiers, giving users the ability to earn higher rates as they increase their commitment. There is no annual fee to hold this card.
It is a strong fit for privacy-conscious users who want to keep custody of their keys while spending. It runs on the Visa network and requires standard identity verification.
New to crypto cards? Read our complete buyer's guide to understand fees, rewards, and how to choose. Concerned about privacy? See our KYC vs non-KYC comparison. Browse all our regional card guides.
On $500/mo spend, the estimated monthly cost breakdown for Baanx / Ledger CL Card is: gas $0.00, conversion spread $18.75, flat/FX fees $0.00, and amortised card/tier fee $0.00, for a total drag of 3.8% of spend. After $5.00/mo cashback that is still a net cost of about $13.75/mo ($165.00/yr). Baanx / Ledger CL Card tops up from a centralized balance, so there is no on-chain gas cost regardless of how often you reload. Figures are conservative estimates and vary with conditions.
| Tier | Rate | Requirement |
|---|---|---|
| BTC/USDC | 1% | Default reward |
| BXX Token | 2% | Select BXX as reward currency (cashback paid in BXX) |
Note: Also available as Ledger CL Card. 1.75% FX/conversion + 2% card spend fee on crypto-funded transactions (~3.75% total) erodes cashback. NOT available in NY/VT. Cashback: 1% BTC/USDC (US) or BTC/USDT (RoW), 2% in BXX. Exodus COMPLETED acquisition of Baanx/Monavate (May 1, 2026) for $76.27M (Monavate+Baanx.com) + $5M cash + $25M deferred (Baanx US). W3C Corp defaulted on $70M loan; receivers appointed Apr 28, 2026. Card services expected to continue unchanged under Exodus ownership.
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The Baanx / Ledger CL Card is a crypto debit card offered by Baanx (Crypto Life). It is available in US/UK/EU/LATAM/Canada and allows users to spend cryptocurrency at merchants worldwide.
The Baanx / Ledger CL Card offers 1-2% cashback. There are 2 tiers: BTC/USDC (1%), BXX Token (2%).
The Baanx / Ledger CL Card has an annual fee of $0. Additional fees: Conversion fee: 1.75% + 2% card spend; FX fee: 1.75%.
The Baanx / Ledger CL Card is available in US/UK/EU/LATAM/Canada. Its availability status is "Global".
The Baanx / Ledger CL Card is a debit card. You need to load cryptocurrency onto the card before making purchases.
Yes, the Baanx / Ledger CL Card is a non-custodial (self-custody) card. This means you retain control of your private keys and your crypto is not held by a third party. Funds are only converted at the point of sale, reducing counterparty risk compared to custodial alternatives.
Yes, the Baanx / Ledger CL Card supports Apple Pay and Google Pay for contactless payments.
Want to see your annual earnings? Use the ROI Calculator to estimate net cashback at your spending level, or compare cards side by side.