Tiny bags may be a huge (and persistent) trend, but not all little purses are created equally. While some are simply a small receptacle for whatever you can wedge into them, others provide a level of organization that makes it easier to leave the house without one of the biggest, most important things in any woman's purse: a wallet.
Chanel's Wallet on Chain is the most well-known of these wallet-crossbody bag hybrids, and its popularity has caused dozens of other brands to create these bags in its image. They're especially useful products to make for brands whose bags usually sell for over $2,000; they provide an entry-level option far below a brand's normal bag price range, and they allow new customers to buy something that feels like a purse without having to pony up the full price of, say, a Chanel Classic Flap Bag.
Whether you call them chain wallets, wallets on chains, WOCs, wallets with straps or some other clunky monicker, they have a basic form: slots for cards, bills and change built into at least one side of the bag's interior, with a little extra space for a slim smartphone and keys that a regular wallet wouldn't have. They're almost always on crossbody straps, and those straps are almost always chain of some sort; the thin, jewelry-like quality of a chain strap complements the bags' small proportions.
Most brands make their WOCs in basic leather for clients looking for a good value, but the grab-and-go popularity of these bags has recently spawned exotic versions as well. Below, we've assembled the chain wallet offerings from all the biggest brands, plus a few more that you should definitely know about.