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Here are solid affordable EDC wallets under $50 that are slim, durable, and well-reviewed:

Best Overall: Chums Surfshorts Wallet

• Price: ~$10–15
  
• Style: Zipper pouch wallet
  
• Why it’s good: Extremely lightweight, holds cards/cash/coins/keys, great for minimal EDC
  
• Best for: Budget, outdoor use, casual carry
  

Best Slim Wallet: Herschel Charlie Card Holder

• Price: ~$20–30
  
• Style: Minimal cardholder
  
• Why it’s good: Slim, clean design, decent capacity, easy front-pocket carry
  
• Best for: Cards + a few folded bills
  

Best Tactical/Metal Option: Fidelo Minimalist Wallet

• Price: ~$25–40
  
• Style: Metal/RFID wallet
  
• Why it’s good: Ridge-style design for much less money, often includes cash strap or money clip
  
• Best for: Minimalist EDC with a rigid build
  

Best Leather Option: Buffway Slim Minimalist Wallet

• Price: ~$15–25
  
• Style: Slim leather wallet
  
• Why it’s good: Cheap, compact, RFID-blocking, fits front pocket well
  
• Best for: Simple everyday use
  

Best Classic Bifold: Tommy Hilfiger Men’s Leather Bifold

• Price: ~$20–40
  
• Style: Traditional bifold
  
• Why it’s good: Familiar layout, decent leather, holds more than minimalist wallets
  
• Best for: People who still carry more cards/cash
  

Best Rugged Fabric Wallet: Flowfold Minimalist Wallet

• Price: ~$20–35
  
• Style: Sailcloth/cardholder
  
• Why it’s good: Very light, thin, water-resistant, made from durable materials
  
• Best for: Lightweight EDC and travel
  

My pick

If you want the best mix of price, durability, and everyday usefulness, get the Chums Surfshorts Wallet.
If you want something cleaner and more minimal, go with the Herschel Charlie or Buffway Slim.