Kate Spade’s Kayla Convertible Wristlet is on sale for as little as $514 today and offers two handbag styles in one. One shopper deems it a “game-changer,” due to its “compact, chic silhouette” that strikes the “perfect balance between elegance and functionality.”

Related: Kate Spade Is Selling a ‘Stylish’ $248 Crossbody for Just $95, and Shoppers Say It Fits ‘Everything You Need’ Due to the fact that this crossbody is offered in a

Kate Spade is offering an extra 40 percent off sale items, making some styles over $200 off. That’s right—you can snag a new Kate Spade purse for more than $200 off. The MLK Day sale only lasts through January 20,

Each purse is adorned with the small, classic Kate Spade logo in gold, and the brand's name in print. The strap is detachable if you want to place it within another purse, but it holds enough that you likely won't want to.