The rubber band wallet is exactly what the description says: a rubber
band used to secure cards or cash. Several companies have
commercialized the rubber band wallet by adding ornamentation or
changing the dimension of a traditional rubber band to work more
effectively with credit cards and currency. The rubber band wallet has
limited durability and is prone to collect grime, which has given rise
to alternatives.
Elastic wallet band
The elastic wallet band is a variation of the rubber band wallet. An
elastic wallet band utilizes fabric, rather than straight rubber, to
secure the cards or currency. Several variations of this product exist;
some integrate rubber on the inside to achieve the gripping properties
of a traditional rubber band and others utilize multiple fabric bands to
separate currency from cards.
Swallet
The swallet is a combination rubber band and
neoprene pouch used to secure a few cards and currency.
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