My E4 case for the GS2 has three slits for credit cards, there is also a small inner pocket where you could put a few bills. The E4 for the Note has five slits for credit cards and should have the same inner pocket (behind credit card slits)
I must point out the Easecase will answer any questions regarding further info/options/customizing - this really impressed me. They provided me with photos of colour options and engravement placement.
Before I got my Easecase, I used a Melkco flipcase which I loved. Unfortunately I dropped my phone this resulted in having two ugly dents in it. After that ....I was determined to get a case with full protection. I didn't really purchase it for the wallet aspect, as I use my purse and handbag for that.
All future phones will be lovingly encased in Easecase LoL