If the article was intact, I would have given three stars because:
+: Cheap
+: Given cloth, tags (small detail, but an accessory like this, it is always good)
-: A priori, not solid, which seems the case since the cover is potentially damaged by a blow that the package is then subjected that there is no visible trace
-: The fabric is cheap. Certainly, it is a cheap product, but there are inexpensive products made with a more enticing.
-: The magnetic strip is too short. As he would have had a longer tongue because it would serve to account for the thickness that the cards and what is put in the portfolio space causes. I have not tested with the cover, but I imagine that if you try to put a little more than expected (eg Identity card + license + Credit card + credit card + a bit of cash), this will be very tight, the flap will be well rebound, and the tab will be difficult rabatable.