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Michael Kors is selling a $258 wallet for just $49, and fans say it's 'wonderful'

If you're like most people, you switch up your handbag way more often than you swap the items inside of it. And that makes total sense. People actually see your purse, while its inner contents are often more of a mystery. But here's a little reminder: Your wallet gets used a ton, day in and day out. Just think of all that accumulated wear and tear, getting opened, closed and bumped around in your bag every day. If your current cash holder is looking so worn that you hesitate to even take it out for others to see, then it's time for an upgrade. And lucky for you, the perfect summer style just went on sale at Michael Kors Outlet. The spacious Jet Set smartphone wallet is now marked down to just $49 from $258, so don't wait to grab it while it's more than 80% off.

While this smartphone wallet has space to accommodate your iPhone or Samsung Galaxy, you can also use that slot of other items if you're worried about the extra weight. The large pocket is also a great place to save receipts, coat check tickets or other small papers you want to hold on to.

$49 at Michael Kors

Why is this a good deal? 💰

Even if math isn't your strong suit, it's pretty plain to see that the numbers here just work. A genuine leather piece that was originally priced in the triple digits is now under $50, at that. As the kids say these days, the math is definitely mathing.

Why do I need this? 🤔

If carrying around wads of cash and a fistful of cards in your pockets works for you, then more power to ya. But for the rest of us, a wallet is an absolute essential. Not only does the Jet Set boast six card slots, a zipper pocket for coins and bills and a transparent slot for your ID but, as its name announces, there's also a designated "tech compartment" to stash your smartphone. It's the perfect accessory to grab and go for quick trips that don't require a fully stocked shoulder bag.

And because this wallet is made from 100% leather, it will certainly stand the test of time, even if you're using it regularly. The pebbled texture won't show scrapes and scuffs as much as smoother finishes do, and it's easy to wipe clean with a damp cloth.

What reviewers say 💬

If you act fast, you'll be among the first to snag this leather stunner that was just added to the Michael Kors Outlet. So far, shoppers who've purchased it give it 4.8 out of 5 stars.

"Perfect for my needs. Holds phone, ID, cards and money," one person wrote.

"I like the wallet and functionality as I have several of this style," another customer commented. "I am a little disappointed in color. The bllue was somewhat lighter or paler than my MK purse, but otherwise wonderful."

At just seven inches wide and four inches tall, this wallet is ideally sized to fit into most handbags, even smaller crossbody-style carryalls. There's also a six-inch leather handle that you can use to carry the piece in your hand or on your wrist.

$49 at Michael Kors