3 compartments: one outside and one with plastic window inside. I rarely carry cash, but when I do it fits neatly, folded in half. It's made of rubber so it doesn't slide in and out of your pocket like leather does, but that's not a bad thing. And yes, by the way, it's made from recycled material, so you can feel good about owning it. Overall I am very happy with my new wallet.
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