This case is very cute and fits my needs perfectly! I can comfortably accommodate 2 debit cards and a license. Sometimes I unfold a bill and tuck it behind one of the cards and it still closes well and isn't too bulky. You can probably throw in another card or two. I don't use or need a strap so I can't comment on that. The magnets are very strong and will automatically snap into place as soon as you close it. And you can use the valve as a phone stand! My only complaint is that it sometimes reflects the flash when I'm taking pictures because it's so bulky. Otherwise it's not that bad! I love it and am very picky about my wallets.
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