Gemini Credit Card vs CL Card (Ledger)
Crypto native
Crypto native
Verdict
- CL Card (Ledger) scores higher overall (6.0 vs 5.8 out of 10).
- CL Card (Ledger) is clearly stronger on: Availability, Custody & security.
- A full annual cost comparison is not possible yet because some fees are not disclosed or not yet researched.
Gemini Credit Card is a good fit for
- Users who need credit rather than a debit/prepaid card
- Frequent travellers
CL Card (Ledger) is a good fit for
- Users who need credit rather than a debit/prepaid card
Stronger on: Availability, Custody & security
★ Our pickEditorial choice · score unchanged · Affiliate link
Neither card is our pick. The card we recommend instead:
Crypto native · ether.fi
Why we recommend it
- 3% cashback in ETHFI on up to $2,000 of spend a monthConditions apply
- 5.35% variable interest on your balanceConditions apply
- No annual or monthly fee on the base tierConditions apply
- Extras on the base tier: airport lounge access, travel / rental car insurance, purchase protectionConditions apply
- Self-custody: funds stay in your own walletConditions apply
Conditions apply; the review lists them with sources.
Score by criterion
| Criterion | Gemini Credit Card | CL Card (Ledger) |
|---|---|---|
| Fees | 100 | – |
| Cashback & rewards | 30 | 24 |
| Availability | 3 | 100 |
| FX & international | 100 | – |
| Product features | 70 | 70 |
| Custody & security | 60 | 75 |
| Credit & financing | 70 | 75 |
| Limits & ATM | 11 | – |
| Transparency | 100 | 93 |
| Best for Cashback | 4.7 | 4.6 |
| Best for Travel | 6.7 | n/a |
| Best for DeFi Users | 6.6 | 6.0 |
| Best for High Spenders | 5.9 | 4.5 |
| Best for Low Fees | 8.7 | n/a |
| Best for Beginners | 6.7 | 7.1 |
| Best Crypto Credit Card | 7.0 | 6.5 |
Conditions apply, e.g. only for the base tier, up to a monthly cap or in some countries. Tap a value with * (or hover over it) to see them.
Product
Product status
ActiveShow source
ActiveShow source
Card type
Credit cardShow source
Debit cardShow source
Network
MastercardConditions apply: tap or hover for detailsShow source
Mastercard World Elite
VisaConditions apply: tap or hover for detailsShow source
Stated for the US card only
Custody model
CustodialConditions apply: tap or hover for detailsShow source
Crypto rewards are deposited into the Gemini account
CustodialShow source
Card issuer / program manager
WebBankShow source
Frozen Time Unipessoal LDA (Crypto Life platform), with partner baanx.com LtdShow source
Fees
Annual fee
FreeShow source
Virtual card fee
FreeConditions apply: tap or hover for detailsShow source
Currency not stated on the page
FX fee
0%Show source
ATM fee
3% (min. $10)Conditions apply: tap or hover for detailsShow source
Cash advance: $10 or 3%, whichever is greater; cash advance APR from the transaction date
Other fees & markups
Late payment up to $35 · Returned payment up to $35 · Penalty APR 33.74% variableShow source
3.49% fee on withdrawals to own bank account · Physical card delivery fee may apply · Replacement card fees may apply · Liquidation fee percentage applied when calculating available balanceShow source
Cashback & rewards
Base cashback
1%Conditions apply: tap or hover for detailsShow source
Everything else; 2% groceries, 3% dining
1%Conditions apply: tap or hover for detailsShow source
Calculated monthly on all card spend
Max cashback
4%Conditions apply: tap or hover for detailsShow source
Gas, EV charging and transit, on up to $300 spend a month (then 1%)
2%Conditions apply: tap or hover for detailsShow source
If cashback is paid in BXX (Baanx token)
Cashback paid in
BTC or 50+ cryptos available on GeminiShow source
BTC, USDT or BXXShow source
Cashback type
CryptoShow source
CryptoShow source
Cashback conditions
4% only on the first $300 of gas/EV/transit spend each month, then 1% · 3% dining, 2% groceries, 1% everything else · Rewards are deposited when the transaction posts; some exclusions apply · Up to 10% back at selected merchants (offers vary)Show source
Choose the cashback asset first · Calculated on all monthly card transactions and paid at the end of each monthShow source
Staking / holding required for top rewards
NoShow source
Reward exclusions
Transactions funded by CryptodraftShow source
Credit & financing
Credit line
YesConditions apply: tap or hover for detailsShow source
Subject to credit approval
YesConditions apply: tap or hover for detailsShow source
Optional; rates depend on country of residence
Credit type
Revolving creditShow source
Crypto-backed creditConditions apply: tap or hover for detailsShow source
Optional credit line
Collateral assets
BTC · ETHConditions apply: tap or hover for detailsShow source
Cryptodraft and Stableloan collateral; BXX usable as collateral for stablecoin borrowing (max 10% LTV)
Max loan-to-value
60%Conditions apply: tap or hover for detailsShow source
Cryptodraft
Interest (APR)
16.74%Conditions apply: tap or hover for detailsShow source
16.74% to 34.74% variable purchase APR based on creditworthiness (Prime Rate 7.00% on 25 Sep 2026)
Interest notes
Cryptodraft: first 10% spent interest-free, remaining 50% at 1% monthly percentage rate (MPR); higher interest-free LTV with staked BXXShow source
Grace period
Payment due at least 25 days after each billing cycle closes; no interest on purchases when the full balance is paid by the due dateShow source
Liquidation risk
YesConditions apply: tap or hover for detailsShow source
Stableloan when LTV significantly exceeds agreed LTV
Spend own balance directly
YesShow source
Spend by borrowing against collateral
YesConditions apply: tap or hover for detailsShow source
Page only says crypto can be used as collateral; no credit terms given
Availability
Available in
United StatesConditions apply: tap or hover for detailsShow source
US residents only
EEA, United Kingdom, United States, Canada, Switzerland, Colombia, Mexico, BrazilConditions apply: tap or hover for detailsShow source
Per Ledger shop FAQ; other Ledger pages list fewer regions
Features
Apple Pay
YesShow source
Google Pay
YesShow source
Physical card
YesShow source
YesShow source
Virtual card
YesShow source
YesShow source
ATM withdrawals
YesShow source
Spendable assets
BTC · ETH · SOL · StablecoinsConditions apply: tap or hover for detailsShow source
Top-up assets ('and more'); converted to fiat at purchase
Blockchains
Bitcoin · Litecoin · XRP · Ethereum · SolanaConditions apply: tap or hover for detailsShow source
Solana only for receiving SOL; Layer 2 networks not supported
Security & custody
Regulation / licences
Frozen Time Unipessoal LDA: registered by Banco de Portugal for crypto-asset services · baanx.com Ltd: FCA-authorised for crypto-asset servicesShow source
Annual cost at 1,500 EUR/month
Gemini Credit Card
- Annual & monthly fees+0 EUR
- FX costs+0 EUR
- Crypto conversion–
- ATM costs−107 EUR
- Cashback+180 EUR
- Net annual value73 EUR
CL Card (Ledger)
- Annual & monthly feesunknown
- FX costsunknown
- Crypto conversion–
- ATM costsunknown
- Cashback+180 EUR
- Net annual valuenot enough data
Assumes 300 EUR foreign spend and 100 EUR ATM per month, base tier only. Use your own numbers