A bifold wallet is a type of wallet that folds in half, typically featuring two main sections for storing cash and cards. It is designed to be compact and easy to carry, making it a popular choice for everyday use. Bifold wallets often include slots for credit cards, identification, and sometimes a small pocket for coins. These wallets are usually made from materials like leather, fabric, or synthetic materials, offering various styles and colors. The simple design allows for easy access to contents while keeping them organized. Many people prefer bifold wallets for their practicality and sleek appearance.