Abstract: A self-closing wallet money clip that can be used to carry banknotes and personal items such as credit cards, business cards, and identification documents for example a driver's license. The wallet money clip includes a first plate, a second plate, a plurality of articulation mechanisms joining the first plate to the second plate and allowing for relative movement between the first plate and second plate, and an elastic band biasing the wallet money clip to a closed position. The wallet money clip can also include a clip for holding banknotes.