Yes, the smaller slot is for the key though I don't know why anyone wouldn't keep their key in their pocket! Not sure what the other slot is for but there is no way it will hold any size iPhone.
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The Stable
2015 BMW M235i | 2014 Porsche Carrera S | 2017 Porsche Macan GTS | 1996 Porsche Carrera 4S
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