Not sure how these wallets cause any more wear on your clothes than the car keys you put in your wallet or a pocket knife. I only use one credit card 99% of the time and my wallet is right behind it. There is no shuffling. My leather wallet was worn out before I got this and my cards started falling out making the point of the elastic part wearing out mute. The major benefit of this style of wallet for me is I don't save every receipt and business card I come across so it's much more compact.
A knife goes on my belt, and so does a key ring. There are dedicated pockets on clothing for such things anyway, designed to prevent such wear if you're one to bury a key.
I've got a leather "Nautica" wallet that's survived darn near 20 years of me breaking everything else, and that's been drenched in ocean and washed mechanically many, many times.
It
almost holds what I want to hold, but I don't carry receipts or business cards in there.
I carry:
1: Driver's License
2: Concealed Carry
3: Medical Insurance
4: A small card with a variety of useful information printed very tiny.
5: Swiss Card Lite (only takes up one slot)
6: 8 Credit/Debit Cards for Various Uses (Some for my business, some from the bank, some personal). Keeps spending for various purposes organized very easily, and I can take advantage of certain cards' benefits more readily.
7: My Veteran card (It's printed on my driver's license, though, and that's good for most daily uses. Still, you'd rather not be without it, just in case it matters somewhere.)
8: A fuel point rewards card that actually does add up enough to warrant keeping.
9: One Wareouse Club Card.
Now, minus three, everything fits in there nicely. I can include them if I double up, but I don't like the things to abrade each other. Even in that primitive tri-fold, it doesn't end up thick at all, and when it flips open, I can easily and immediately grab any card in there; and they're all protected from abrading each other.
I don't mind having a separate wallet for the glove box to keep some of the cards I only use infrequently, but leaving them in the house will slow me down. The main factor is being able to fit everything in there the few times I'll need to.
Most of the time, I actually carry my wallet in one of my over-shirt pockets.
Mind you, everything does fit in there, but I'd have to double cards in a few slots, and I don't like doing that. A number of mine are made of titanium now, and laser etched/screen printed in places where the text should be.
Those will take the sparkle off conventional cards very quickly, and makes them difficult to read.
None of that stuff goes on a key ring, because you want access to whatever key you need as quickly and easily as possible.