Gemini Credit Card vs CL Card (Ledger)
Crypto native
Crypto native
Verdict
- Gemini Credit Card and CL Card (Ledger) have the same overall score (6.0/10).
- CL Card (Ledger) is clearly stronger on: Availability.
- 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
★ 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 | 75 | 75 |
| Credit & financing | 70 | 75 |
| Limits & ATM | 11 | – |
| Transparency | 100 | 93 |
| Best for Cashback | 4.8 | 4.6 |
| Best for Travel | 6.7 | n/a |
| Best for DeFi Users | 7.1 | 6.0 |
| Best for High Spenders | 5.9 | 4.5 |
| Best for Low Fees | 8.7 | n/a |
| Best for Beginners | 6.8 | 7.1 |
| Best Crypto Credit Card | 7.2 | 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 29.74% 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
Eligible digital asset selected by the cardholder; bitcoin by defaultConditions apply: tap or hover for detailsShow source
Cardholder picks from Gemini's list of eligible digital assets and can change the election at any time
BTC, USDT or BXXShow source
Cashback type
CryptoShow source
CryptoShow source
Cashback-eligible spend cap
$300/monthConditions apply: tap or hover for detailsShow source
Per month, applies to the 4% gas/EV/transit category only (then 1%); spend cycle refreshes on the 1st of each calendar month
Cashback conditions
4% only on the first $300 of gas/EV/transit spend each month, then 1% · 3% dining, 2% groceries, 1% everything else · Spend cycle refreshes on the 1st of each calendar month · Rewards are deposited when the transaction posts; some exclusions apply to instant rewards · 10% Vault Rewards at selected merchants on a limited monthly spend that varies by merchant offerShow 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
ATM transactions · Card account fees · Interest charges · Cash advances · Gift cards, prepaid debit cards, traveler's checks, precious metals, casino chips, cryptocurrency, lottery tickets and other cash equivalents · Balance transfers · Credit card convenience checks · Reloading prepaid cards · Gaming-related transactionsConditions apply: tap or hover for detailsShow source
Full list in the Qualifying Purchase Transaction definition; Gemini Constellation may add exclusions at any time
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, at application and while the account is open
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
Gemini Trust Company, LLC NMLS #1518126 · Gemini Moonbase, LLC NMLS #2403509Conditions apply: tap or hover for detailsShow source
Entities offering the rewards program; card issued by WebBank
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+32 EUR
- Net annual value-75 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