Ledger CL Card [EU]

#4 (out of 35) in Crypto Cards
#3 (out of 25) in Crypto Cards for Europe
Add to compare
7.8
Overall Rating
CRITERIA:
Company Strength
9
Fee Structure
5.6
Customer Service
8.8
PROS:
  • Great customer service
  • Generous daily spend limit
  • Solid well-known company
  • Auto-converts your crypto, no top-ups
CONS:
  • Supports only 8 coins
  • No free ATM withdrawals
Visa or MC
Debit or Credit

Debit Card

Denominated In€ EUR£ GBP
Apple PayEnabled
Monthly Fee

0.00 EUR

Monthly Inactivity Fee

0.00 EUR

Foreign Exchange Fee

1.5%

Crypto to Fiat Crypto->Fiat Conversion Fee

2%

Highest Cashback

up to 2%

Entry-Level Cashback

2%

Entry-Level Cashback Monthly Cap

4,500 EUR

Daily Spending Limit

15,000 EUR

Daily ATM Withdrawal Limit

2,000 EUR

Crypto to Fiat Conversion

Auto on Every Purchase

Supported CountriesShow All
Supported Cryptocurrencies
Your Ledger CL Card: Understated in plain black, yet incredibly useful in your daily life.

Your Ledger CL Card: Understated in plain black, yet incredibly useful in your daily life.

Ledger CL Card Benefits and Rewards – for Europe

Ledger CL card offers up to 2% cashback on every purchase you make with the card. You can choose which cryptocurrency you prefer to receive your rewards in, and this will determine your reward percentage.

Here are your choices:

Rewards Cryptocurrency Cashback
BTC (Bitcoin) 1%
USDT (Tether) 1%
BXX (Baanx) 2%

The rewards are paid out at the end of each month.

Reality CheckAlthough other cards may advertise higher cashback rates, entry-level users with 1,000 EUR in assets typically receive much lower cashback rates from those cards. When compared at the entry-level tier, Ledger CL Card's 2% cashback offers more value:

Ledger CL CardIndustry Average1
Entry Level Cashback2%1%
Entry Level Cashback Monthly Cap4,500 EUR20 EUR

Ledger CL Card is a Debit Card that Converts Your Crypto on Demand

Ledger CL Card offers instant conversion to fiat at the time of purchase. This allows you to hold your crypto and exchange to real-life currency only when you need to. No need to pre-convert your cryptocurrencies or preload the card.

It's Offered in Physical Form, Without an Instant Virtual Equivalent

Ledger CL Card is available solely in physical form, unlike 50% of crypto cards offering both physical and virtual versions. This means you'll have to wait for its arrival by mail after completing the KYC Identity Verification.

Wondering about the pros and cons of physical-only format? Here are some highlights:

Physical Card
No Virtual Card
ATM WithdrawalsNo Second Card Number
Required for Car Rentals, HotelsNo Instantly Available Card
Useful When Phone Dies, or no WifiCannot Separate Online Purchases for Safety
Backup Payment MethodCannot Have a 2nd Card with Lower Spend Limits

Even though it's a physical-only card, Ledger CL Card does have Apple Pay support, allowing you to pay with your phone instead of having to take out your wallet everytime.

How Does Ledger CL Card Compare to Other Crypto Cards?

Ledger CL Card ranks #3 out of 25 amongst similar crypto cards. This means it's in the Top 30%.

While we have a total of 35 cards listed in our Crypto Cards category, only 24 are comparable to Ledger CL Card [EU], since they are available for customers in the same geographical region.

Strongest Features Against Competitors

Here are the strongest features of Ledger CL Card against its 24 competitors :

  • Offers Apple Pay (while 40% of competing crypto cards don't).
  • Offers up to 4,500 EUR per month in cashback for entry-level users (exceeding the competitors' 20 EUR average).
  • Offers a generous 15,000 EUR daily spend limit (other cards offer 11,000 EUR limit on average).
  • Provides a substantial ATM widthdrawal allowance of 2,000 EUR per day (average amongst other cards is only 1,000 EUR).
  • Solid company with a 9/10 company strength score (the average for all competing cards is 7/10).
  • Their customer service is very good with a 8.8/10 score (others score only 7.1/10 on average).
  • Doesn't require preconverting of your crypto, converts needed amount automatically on every purchase (while 60% of competing crypto cards require you to preload card in advance).

Weakest Features Against Competitors

Compared to its 24 competitors, here are the shortcomings of Ledger CL Card:

  • Offers up to 2% cashback (while other cards give an average of 5%).
  • Supports only 8 cryptocurrencies (while other cards support an average of 20).
  • Doesn't offer any free ATM withdrawals (in contrast to 50% of crypto cards which offer an average of 200 EUR free withdrawal allowance per month).
  • Ledger CL Card [EU] vs. Revolut Card vs. Nexo Card

    Ledger CL Card
    Revolut Card
    Nexo Card
    Monthly Fee 0.00 EUR 0.00 EUR 0.00 EUR
    Foreign Exchange Fee 1.5% 1% 0.5%
    Crypto to Fiat Fee 2% 1.49% 0.0%
    Highest Cashback up to 2% up to 1% up to 2%
    Entry-Level Cashback 2% 0% 0.5%
    Daily Spending Limit 15,000 EUR Unlimited 10,000 EUR
    Daily ATM Limit 2,000 EUR 3,000 EUR 2,000 EUR
    Availability for United States flagUnited States
    Supported Cryptocurrencies 8 121 64
    Apple Pay Enabled Enabled Enabled
    Customer Service Great Great Great
    Company Strength Strong Strong Strong

    If you plan to use your card for daily purchases, then daily spending limit is an important consideration for you. Revolut Card offers an unparalleled Unlimited daily spending limit. You will get lower daily limits with Ledger CL Card and Nexo Card.

    Cashback rewards are a great way to earn back some of the money you spend on your card and is an important consideration as well. Both Ledger CL Card and Nexo Card offer solid cashback rewards of up to 2%. The cashback rewards for Revolut Card are not as high.

    To make a good choice, look through all features, as it is an individual choice. If you will mostly do online transactions with this card, then Apple Pay availability may not be a very important feature for you. If you travel a lot, foreign exchange rate will matter. And so on.

Ledger CL Card ATM Fees: The Real Cost of Cashing Out

Local ATM Withdrawals in EUR

Here's a breakdown of the fees you'll face when making local ATM withdrawals with your Ledger CL Card:

You're at a local ATM and have:
0.0662 ETH (200 EUR)
-4 EUR
Ledger Crypto-to-Fiat Conversion Fee: 2%
-3 EUR
Ledger ATM Withdrawal Fee: 3 EUR
-3 EUR
ATM Operator Fee: ~3 EUR
190 EUR

Starting with an initial amount of 200 EUR in ETH, the ATM withdrawal with Ledger CL Card will cost you a total of ~10 EUR (5% of 200 EUR), resulting in a final cash withdrawal of 190 EUR in hand.

Plus, if you'd like to check your balance via the ATM, it will cost you an additional 0.35 EUR.

Doesn't Ledger Card Offer Free ATM Withdrawals?

No, it doesn't. Which is a shame, because 50% of competing cards offer free ATM withdrawals, typically allowing up to 200 EUR per month without fees.

International non-EUR ATM Withdrawals

Things will get significantly worse for International ATM Withdrawals. If you're out of country and cashing out with your Ledger CL Card, here's what it will look like:

You're at an international ATM and have:
0.0662 ETH (200 EUR)
-4 EUR
Ledger Crypto-to-Fiat Conversion Fee: 2%
-5.94 EUR
Ledger Intl ATM Withdrawal Fee: 3 EUR + 1.5%
-2.94 EUR
Ledger Foreign Exchange Fee: 1.5%
-1.96 EUR
Mastercard Foreign Exchange Fee: 1%
-3 EUR
ATM Operator Fee: ~3 EUR
-3.92 EUR
ATM Operator Foreign Exchange Fee: ~2%
Foreign Currency (worth 174.24 EUR)

For an international withdrawal using your Ledger CL Card with an initial 200 EUR in ETH, you'll incur fees totaling ~21.76 EUR (10.9% of 200 EUR), leaving you with 174.24 EUR in the equivalent foreign currency.

Reality CheckCompared to other crypto cards, Ledger CL Card is more expensive for both local and international ATM withdrawals:

Cost with Ledger CL CardCost with Other Cards
Local ATM Withdrawals~10 EUR (5% of 200 EUR)~7.6 EUR (3.8% of 200 EUR)
International ATM Withdrawals~21.8 EUR (10.9% of 200 EUR)~17.2 EUR (8.6% of 200 EUR)

From all crypto cards that we reviewed, Nexo Card, Bit2Me Card and KuCoin Card offer the cheapest local ATM withdrawals (2.5%, 2.5% and 2.7% of 200 EUR respectively), while OWNR Card scores the worst, landing last on the list with a total local ATM withdrawal cost of 7.4% of 200 EUR.

We Tested Ledger's Customer Support

We asked Ledger's customer support different questions, and then rated their responses to evaluate how good their support is.

Why should you Care:When you'll have a money-related question, like a missing deposit or being overcharged - having good support at that moment will be crucial for you.

Customer service for Ledger CL Card is handled by Baanx, the card issuing company, which is a distinct customer service channel from Ledger's main support. Support is offered via the following:

Emailsupport@cl-cards.com

Location: Baanx customer service reps are located in United Kingdom flagUnited Kingdom and Ukraine flagUkraine.¹

Support Channel Our Interaction Score
Email
(replied in
5 h 49 min)
Replied quickly, with a reassuring response to a question about 3DS security.
High Competence
Highly Personalized
Adequate English, Professional Tone
9.5/10
Email
(replied in
2 h 32 min)
Didn't answer what was asked for. Gave a copy pasted answer with general info.
Low Competence
Somewhat Personalized
Adequate English, Professional Tone
4.5/10
Email
(replied in
7 h 52 min)
Gracefully handled the 'angry customer' test with a lost deposit. Reassuring, helpful response.
High Competence
Highly Personalized
Flawless English, Professional Tone
10/10
Email
(replied in
8 h 41 min)
Knowledgeable and helpful responses to a question about transaction fees, replied to follow up questions.
High Competence
Highly Personalized
Flawless English, Professional Tone
10/10
Email
(replied in
6 h 2 min)
Good detailed answer to a question about cashback.
High Competence
Highly Personalized
Flawless English, Professional Tone
10/10

To summarize,

Competence and Problem-Solving: More often than not, Ledger's customer service responses are highly competent, proving they're a company that takes your questions seriously.

Customer Love: Ledger's support responses are highly personalized, which makes interactions with them very pleasant. They will address you by name, and carefully consider your unique situation to provide tailored answers that meet your specific needs.

Reply Speed: Response times are inconsistent but relatively fast, ranging from as quick as 3 hours to as slow as 9 hours.

Overall Customer Service Rating: 8.8/10

This excellent score places Ledger's Customer Service well above the crypto card industry average of 7.1/10.

Is Ledger CL Card Available for Residents of United States?

No, Ledger CL Card is not available for residents of United States.

Ledger CL Card [EU] supports the following countries: 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, United Kingdom.

To see our list of available crypto cards for United States, see this list. There are currently 5 cards listed there.

You may also be interested in this article: Crypto Cards for USA: The Best Options for Americans.

Excellent. What's My Next Step?

Paulina Masson

Paulina Masson

Paulina has a strong background in finance and cryptocurrency. She's been involved with crypto since its early days and has observed its progression over the years. Notably, she possesses expertise in various crypto products, having personally tested and evaluated many of them. In her spare time, she is developing a crypto bot designed to automatically trade on short timeframes.

⭑cryptonoshi
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