My wife can attest to my pickiness when it comes to wallets. I have gone through a few minimalist wallets the past few years, always finding something wrong with them. I chose this wallet, the #5, because there is an outside pocket (I use for the rare occasion I carry cash - folded in thirds it's secure) and because I don't like clear plastic window pockets. I chose the Nik's wallet because I wanted something that has two sides that fold, securing the cards within so they can't fall out. This wallet scratches all of those itches, and the little elastic band is constructed solidly so that I don't think it will fail anytime soon. And honestly, if it did, the wallet would still function just fine. The only issue is not with the wallet itself, but with Apple's decision to make their Apple Card out of a thick titanium, making it a tight squeeze when adding it and another regular card into a pocket. I live in an area where too many merchants still don't have touchless pay systems.