Will the magnet kill your cards?

No it is a magnet on both sides that have to connect with other for bills only. I saw one on Amazon that will keep bills and up to 7 cards on the outside that looked interesting. If you want to also keep cards you should look at that one. I am very satisfied with the one I have

How much cash can it hold folded?

It holds 250.00 -500.00 easy in mixed bills ! Good strong clip !

does this product come in the color - dark blue?

I do not know, I ordered and received a black one. It works really well.

What grade is the leather? The description lists full grain, top grain and genuine leather, which are three distinctly different things.

Hi Moops， Thanks for your question, full grain and top grain is the same meaning, it's better than split leather, however they are all genuine leather, and our magnetic money clip was made of full grain leather, hope you like it, thanks.

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