Six years ago I purchased this same design by Victorinox for twice the price. The only noted variation is a box is no longer provided, a hard tag is supplied instead.

My only concern is where the Swiss product was sourced for materials and manufactured (via 4 Stars).  Victorinox went through a period of producing low quality items, manufactured poorly far from Switzerland.

This wallet has excellent features for daily use and travel. The nylon is uniform and well made.

The wallet will feel very stiff at first, yet soon softens without losing the nylon strength.

The Victorinox emblem is a true emblem, rather than sewn or stamped on.

The ID guard included is a major reason to buy the wallet.  The ID guard does not protect from data signals (thieves trying to steal your credit card information to passport data). However, the guard is perfect for protecting your credit card to state issued ID (drivers lic.) from bending, scratching, and accidential exposure to water (not water proof).

I was able to use my guard from my last wallet; the materials endure.
The only reason I purchased a new wallet of the same make was six years of use and a puppy that decided to chew on the wallet.
Considering the puppy is an American Bully, with very powerful jaws, the wallet held up well to his destructive testing!