Contemporary examples

A wallet band of elastic fabric

Wallets are usually designed to hold banknotes and credit cards and fit into a pocket (or handbag). Small cases for securing banknotes which do not have space for credit cards or identification cards may be classified as money clips.

• Breast wallet (also called a "secretary wallet"): a wallet in which the banknotes are not folded. They are intended for men's breast pocket in a jacket, or for a handbag. Breast wallets will often hold cheques and other monetary documents as they are too large for storage in a pants pocket.
• Bi-fold wallet: a type of wallet in which the banknotes are folded over once. This has become the "standard" wallet^{[citation needed]}. Credit cards and identification cards may be stored horizontally or vertically.
• Tri-fold wallet: a wallet with two folds, in which credit cards are generally stored vertically.
• Front pocket wallet (or money clip): a case with no currency compartment and very few pockets for cards. Usually banknotes are folded and held to the wallet with a metal clip.
• Long wallet: a larger wallet usually worn with jeans, fastened by a chain, strap, or leather rein. Bills are held flat, and long wallets typically have a coin purse. Popularized by bikers to secure their wallets while riding a motorcycle, smaller chained wallets became popular in 1970s-80s Punk fashion and in the early 1990s with the grunge fashion movement as well as Heavy metal fashion. Long wallets are popular with men in cash-based countries like Japan and often reflect Native American aesthetic influence.
• Wallet band a type of wallet that uses a continuous elastic band, made of fabric or rubber, to secure cards and/or cash. Wallet bands have become increasingly more popular as a way to reduce the bulk of a traditional wallet.
• Wrist wallet: a type of wallet that can be secured to the wrist, to keep one's hands free.
• Travel wallet: used by travellers to hold essential documentation together, such as passports, tickets, boarding passes, foreign currency, travellers cheques, itinerary, travel insurance, hotel booking information, and other similar items.
• ID holder: Thin nylon or leather cases with plastic see-through compartments designed to hold an ID card. Usually worn around the neck, many have extra pockets for holding small items, hence they also function as wallets.
• Jimi: minimalist wallet constructed of hard plastic.
• Shoewallet: a small pouch attached to a shoe to be used as a wallet designed primarily for people exercising
• Digital wallet: A computer file for maintaining digital currency.
• "Side by side wallet" Divides the contents into two stacks instead of one, so it's half as thick. May be made of very thin fabric. Patented.