Bellroy Note Sleeve vs Trezor Safe 5
Which should you buy?
On our fixed standard, Trezor Safe 5 earns the higher mark, 9.1 to 8.4. But the right pick depends on what you want: Bellroy Note Sleeve is our call for best slim leather wallet, while Trezor Safe 5 is the one to get for best open-source hardware wallet.

Choose Bellroy Note Sleeve if you
- Want a slim leather wallet that still holds cash
- Value ethically-sourced leather and craftsmanship
- Like a hidden pull-tab card section
- Carry up to about eleven cards

Choose Trezor Safe 5 if you
- Want firmware and hardware you can audit
- Value certified security and Shamir backup
- Confirm transactions on a device touchscreen
- Also want a hardware 2FA key (FIDO2)
Full comparison
Green marks the winner of each row Bellroy Note Sleeve |
Trezor Safe 5 |
|
|---|---|---|
| Our score | 8.4 / 10 | 9.1 / 10 |
| Type | Slim leather wallet | Cold storage |
| Price | from $89 | $169 |
| Value | 8.4 | 8.8 |
| Best for | Best slim leather wallet | Best open-source hardware wallet |
| Maker | Bellroy | SatoshiLabs |
The full reviews
Bellroy Note Sleeve
A slim leather bifold that still carries real cash and up to eleven cards, from a certifie...
Read full review →Trezor Safe 5
Trezor at its best: fully open-source firmware paired, at last, with an EAL6+ secure eleme...
Read full review →Trezor Safe 5 takes it
Trezor Safe 5 earns the higher mark on our standard, but read both reviews before you decide.