Third party manufacturers are constantly coming up with some great ideas when it comes to accessories for our smartphones and tablet PCs, and today we have another one for you in the shape of the iPhone Arctic Wallet Stand Case that has multiple features.

As the guys over at iPhone Rumors are reporting the Wallet Stand is a 3-in-1 multipurpose case for the iPhone 4 and iPhone 4S, and it features a slim fabric compartment on the back for storing such things as credit cards, earphones, keys, and even cash.

That is not all as the pouch flap doubles as a kick stand, which allows the handset to be placed in portrait mode for when using applications such as Face Time, and it can also be stood up in landscape mode for viewing videos.

This clever Wallet Stand has also been tested to work with many electronic card readers around the world. The case comes in two colour options such as blue or grey, and it adds a great touch of functionality to the iPhone without adding too much bulk to the slim profile of the smartphone.

Some people may have an issue of how visible the cash looks in the images of the case while in use, but you would imagine that the cash can be pushed further into the case, and it is just being used to highlight the feature.

The case is manufactured from a form fitting polycarbonate material that is shock absorbing while being lightweight and is priced at only $25.95 with free shipping. For more information and images click here. Do you like the look of this unique iPhone case?