A lot of people have been talking about the new minimalist wallet lately. Some of them are excited by it, some are worried about it, and some are confused about it. You will be confused, too, about how to use it and whether or not it will do you any good. It is a very complex design, which is obvious on its face, but there are a few things that need to be understood about it before you jump into buying one.
This wallet was developed by a company called Ultimate Wallet. It will have all the same features as other minimalist wallets, but it also has an RFID reader, which makes it easier to do things like adding an item to it. Some people might call it a wallet, because it looks and feels a lot like one. It is just a different shape, with some modern additions.
The big difference with this type of wallet is the RFID reader. Classic wallets are just the regular kind that you put money in and pull out bills and stuff. With this wallet you can actually swipe your card through the reader and have money immediately on your phone. Most of these have a built-in alarm as well, so if you lock your wallet in a situation where you don’t know if your keys are in there, you will be able to turn it off before your bank account gets drained. It only takes about ten seconds to do.
Classic wallets are usually bifold, with a card holder on each side. With the newer wallets, though, there are folding versions, which allow you to keep an item hidden until you need it. These come equipped with an RFID blocking chip, which keeps everyone from swiping your card. You can get small enough pockets for things like coins and keys, but you can also get a large micro wallet, which has card holders and multiple sections.
Another one of the new minimalist wallet options has to do with how it holds things. Some of them are built with a plastic “bandsaw” design, resembling a file folder. The top is actually open, with a thumb hole that lets you slip out your credit card or wallet keys. One of these, called the zero section, actually has elastic band holding it closed, which prevents you from pulling your card out without undoing the elastic band. These are great because they keep everything secure. Your keys are safe, the plastic inside stays secure, and it’s really easy to remove your debit cards if they get lost.
Most of the newer minimalist wallets have integrated RFID technology into the card holder itself. You don’t need to worry about all of the potential hacking that RFID is known for, since the companies that make these wallets are very vigilant about keeping out hackers. These are often made from tough plastic and have heavy-duty rubber bands on the outside. When you put your card in, the rubber band runs across the top and through the hole in the middle. Each card holder then has a small metal plate that you push into your credit card, creating a magnetic field that reads the information on the back of your card.
Since the minimalist front pocket rfid blocking wallets don’t have a flap or some other obvious design flaw, it’s a little bit difficult to tell whether or not they’re worth your money. They certainly look and feel more expensive than your average plastic front pocket bifold wallet, but you might find that they’re just as secure. The idea of buying something like this and having it easily defeat you on identity theft is quite disturbing, though.
I suppose the main thing to remember is that while these wallets are very aesthetically attractive, they don’t have any real practical value. Their major selling point is that they hold your money and cards close to your body at all times. They also don’t have any type of identification on them, so if you have to take someone’s credit card and wallet out of your pocket to write down a check, it’s likely that they will be able to steal it from you in seconds flat. Even if a thief doesn’t get your wallet, he can still steal your credit card information, which means that anyone can become a victim of identity theft for just having their name, phone number and social security number on their card. A minimalist wallet is a good choice for the purposes of keeping your essentials close to you at all times, but it really has no place in a modern day world where everything should be stored out of sight and secure.