![]() Money clip wallets are sometimes known as hybrid money clips. The conventional money clip wallets are a credit card holder with either a swivel magnetic clip attached to the back side or a solid clip that is bent 6-fold bent that way the conventional clip will feature three compartments instead of one. Magnetic money clips are not recommended for holding credit cards as the magnets may distort or erase the magnetic strip.Ī money clip wallet is a clip designed specifically to hold both credit cards and cash. A metal or carbon fiber clip has inverse properties and the clamping tension gets higher as the clip is stretched open further. When holding a larger volume of banknotes a magnetic money clip has less clamping force, since the magnets are farther apart compared to when holding just a few banknotes. BEST MAGNETIC: Vine Branch Genuine Leather Magnetic Money Clip. A magnetic money clip typically has a greater carrying capacity than a metal money clip and the strongest clips are able to hold up to 15 banknotes folded in half. BEST BANG FOR THE BUCK: Nite Ize Financial Tool, Multi Tool Money Clip. There are also clips made of three magnets and two pieces of leather. The magnetic money clip is generally made of two strong flat rectangular or round magnets encased in leather, with a small piece of leather separating the two pieces and allowing them to swivel into a closed and open position. The softer resin (plastic that bonds the carbon fibers together) means that it get scratched more easily than the tougher surface of metal money clip. Being non-metallic, they still conduct electrical current (due to the carbon fibers), so they can be picked up by metal detectors (you can test this out with a handheld security metal detector). However, it can be too loose when holding less, so there is a tradeoff. This option allows you to clip your money on the money clip that is attached to your wallet, often times reversible allowing you to clip your money on the inside or the outside. The carbon fiber allows the clamping surfaces to open beyond parallel, without the deformation of normal metal money clips. Using advanced moulding techniques, the high strength and durability of carbon fiber make for ideal qualities. ![]() ![]() Carbon fiber money clips are starting to see market acceptance. ![]()
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