This product was almost exactly as advertised.  From the other reviews, I'd expected a stronger magnet, but so far, the clip has held my bills in place without any trouble.  I'd been using a "Slim Clip" (which works great, btw) but wanted to try this because of the separate slots for cards and ID.  Also, it looked "dressier".  I don't know yet if I prefer it to the Slim Clip, but it definitely lives up to its promise.