A clutch wallet is a compact accessory designed to hold essentials like cash, cards, and coins. Typically, it features a slim design and often includes a wrist strap or a detachable chain, making it easy to carry. Clutch wallets are popular for both casual outings and formal events, as they can complement various outfits. These wallets come in various materials, such as leather or fabric, and can be found in numerous colors and patterns. Many people choose clutch wallets for their convenience and style, allowing them to keep their belongings organized without the bulk of a traditional purse.