Abstract: A wallet protection system for protecting credit cards is disclosed. The system comprises a selectively openable casing having a thickness. The casing includes a sensor means disposed within the thickness of the casing. The sensor means senses a predetermined pressure applied to the casing. Electronic circuitry is operatively connected to the sensor means for transmitting an electrical charge. Holding means are disposed in the casing. A wireless communication device is operatively associated with the sensor means for sending a wireless disabling signal to a predetermined location for deactivating the cards when the predetermined pressure is sensed by the sensor means. The communication device includes a transmitter operatively connected to an antenna for transmitting the disabling signal to the predetermined location. A power source is operatively connected to the wireless communication device and sensor means for powering the sensor means and the wireless communication device.