Every designer handbag collection has a few essential pieces: the crossbody bag, the evening clutch bag, and the everyday tote bag, to name a few. But there’s one underrated item we think should be in every collector’s closet: the designer wallet on a chain. Smaller than a shoulder bag and (typically) larger than the average wallet, this versatile accessory wins on both style and convenience. Here, we’ve rounded up a few of our favorite wallets on a chain from designers such as Gucci, Chanel, and Dior. Add one to your wardrobe and watch as it becomes your new favorite grab-and-go piece.