First off, I have had and used this nearly 6 months before posting this review and never once has my credit card or parking pass been affected by the magnet in the money clip.  The photo of the item shows a credit card behind the 20 dollar bill, so trust me the merchant would not photo a credit card if it actually ruined your card.  The leather is quality and it is lightweight and not a bulky wallet that throws your back out if you sit on it or a bulky wallet that makes it look like you have a box in your pocket. It is thin and looks nice! The clear plastic ID cover does tear after several months of use, but that is a clear piece of plastic that you can use a report cover to replace.  At less than 6.00, with free shipping, this is by far one of the best Amazon purchases I have ever made.  Just ordered another one for a Christmas gift.