15 Best Designer Bags Under $500 Worth The Splurge

If you’re looking for luxury on a budget, we got you! We rounded up the best designer bags under $500 so you can look classy for a fair price.

Just because you aren’t making millions, it doesn’t mean that you don’t deserve a chic designer bag – most of us have bills to pay and limited money to spend on fashion and accessories.

Thankfully, it’s possible to find stunning designer bags at affordable prices that won’t break the bank. To help you bulk up your bag collection without spending all of your hard-earned money, we’ve found 15 of the best luxury handbags available for under $500.

The Best Designer Bags Under $500

1. DeMellier The Small Vancouver Bag

DeMellier is a British brand known for sleek and sophisticated leather bags, just like the DeMellier The Small Vancouver. This bag has a structured silhouette, crafted from luxe smooth leather and decorated with striking gleaming gold two-bar hardware.

The strap is adjustable so it can be worn on the shoulder or across the body – so versatile! This stunning bag is available in plenty of different colours so there is an option for everyone.

$465 at DeMellier

2. Polène Béri Bag

The Béri is another bag from Polene with a unique silhouette, making it the perfect accessory to bring a stylish and sophisticated touch to any outfit.

The Béri bag is made from textured calf leather, with a top handle that connects at the top with gleaming gold hardware. The bag also comes with a shoulder strap so it can be styled in a variety of different ways. The Béri is available in 9 different colors so there is something to suit any personal style.

$480 at Polene

3. Marc Jacobs The Tote Bag

If you’re looking for a practical bag that you can take everywhere from the office to the airport, The Tote Bag from Marc Jacobs is a must-have. It comes in a few different neutral color options, perfect to suit any personal style, each fitted with top handles, a spacious interior, and a handy inside zipper and wall pockets.

The most popular version of this bag is made from a cotton canvas, however, you can also get it in a leather version, although you will have to pay a little more. Available in multiple sizes ranging from mini to medium, almost all versions of this beautiful designer bag are under $500.

$225 at Nordstrom

4. T Monogram Jacquard Bucket Bag

If you can’t tell, we’re big fans of Tory Burch, including the beautiful T Monogram Jacquard Bucket Bag! This incredible bucket bag is crafted from the brand’s signature monogram jacquard cotton, which has then been lined with leather.

The sophisticated navy shade will add a pop of color to any outfit, while the detachable tan leather top handles and adjustable crossbody strap give a neutral touch to this striking bag. The roomy interior is big enough for all your everyday essential items, secured with a magnetic closure.

$468 at Neiman Marcus

5. Cafuné Stance Wallet

This sleek and sophisticated wallet from Cafune is the perfect bag to take you from day to night. Crafted from Italian leather, the bag has a chic, rectangular silhouette and is decorated with striking gold hardware for a glamorous touch.

This bag features both a top handle and a detachable chain strap so you can style this bag in a variety of different ways, plus there are internal and external pockets to help you keep everything well organized. This wallet is available in plenty of different colors so there is an option for everyone.

$448 at Cafune

6. Cult Gaia Nala Mini Pleated Metallic Clutch Bag

We love the unique and playful silhouettes of Cult Gaia pieces, including this striking Cult Gaia Nala Mini Pleated Metallic Clutch Bag. This incredible clutch will really make a statement with any evening look, with the pleated metallic gold leather that really sparkles in the light.

The semi-circular bag features a top zipper, which opens to a compact interior, just the right size for your keys, phone, and card case. This eye-catching clutch bag is also available in gorgeous metallic pink and retails for just $398.

$398 at Neiman Marcus

7. Polène Cyme Mini

The Cyme from Polene has quickly become a super stylish, must-have bag that you really need in your life, and there is now a Cyme Mini on offer that is available for under $500.

We love the curves, waves, and folds of this tote bag to create a unique and eye-catching silhouette, while the long and short top handles mean you can carry this bag on your arm or over your shoulder. The interior is spacious enough for all your everyday essentials.

$460 at Polene

8. DeMellier The Tokyo Shoulder Bag

How can you resist the striking silhouette of the DeMellier The Tokyo bag? This shoulder bag has a triangular silhouette, complete with an adjustable shoulder strap.

The front of the bag is decorated with a single gold bar to add a touch of glamour to the bag, while inside you will find a zip pocket to help keep everything organized. The bag is available in multiple colorways in its leather version, as well as two different canvas canvas finishes and a raffia version, perfect for the summer season.

$465 at DeMellier

9. Coach Tabby Bag

Coach always delivers gorgeous leather bags that are a must-have in your wardrobe, including the Coach Tabby Bag!

This beautiful bag is available in multiple variations, ranging from a classic leather finish to a puffy version of the bag, and more recently, a quilted design, too. The bag is small but mighty, with a sliding chain strap that can be worn on the shoulder or across the body and a divided interior with two compartments and a central slip pocket – just perfect!

$350 at Nordstrom

10. Cult Gaia Hera Nano Knotted Embellished Bag

The Cult Gaia Hera Nano Knotted Embellished Shoulder Bag is the perfect glamorous designer handbag under $500 for a night out or a special occasion. This bag is crafted from crystal-embellished plastic that really sparkles and glitters in the light – we love the neutral silver shade, but this striking bag is also available in champagne gold, blue, red, green, and pink.

The top of the bag is fitted with a knotted top handle, while the zip closure allows easy access to the roomy interior that will easily fit your phone, wallet, and keys.

$428 at Neiman Marcus

11.  Marc Jacobs Snapshot Camera Bag

Marc Jacobs is known to create some of the best affordable designer bags, and the Snapshot Camera Bag is just one example of their stylish bags. It comes in so many different colors, prints, and special edition releases that it can suit anyone’s personal style.

The crossbody bag gets its name from its wide camera strap that is removable, adjustable, and suitable for wearing both across the body or on the shoulder. If you want to switch up the strap, plenty of other fashionable options can be found on the Marc Jacobs website.

While there are lots of colors and prints to choose from, we are partial to the classic black and nude bags with the bulky yet classic Marc Jacobs straps logo straps that retails for $325.

$325 at Nordstrom

12. Tory Burch Fleming (In Small)

The Small Tory Burch Fleming bag is arguably one of the best versatile designer bags under $500! Just like with clothing, this bag can be dressed up or dressed down. It works with cocktail dresses and heels but also looks trendy with high-waisted jeans, a white tank, and high-top Converse sneakers.

The Small Fleming Convertible Shoulder Bag is currently available in five different colors: black, red, light brown, gray, and cream.

The bag is constructed from quilted leather and features a braided gold chain strap that keeps it snug on your shoulder. It also has the signature embossed Tory Burch logo on the top flap. It can be purchased for $498.

$498 at Neiman Marcus

13. See By Chloé Mini Joan Leather Shoulder Bag

See by Chloe has a fantastic range of beautiful handbags, available at an affordable price, such as this gorgeous See by Chloe Joan Mini leather shoulder bag.

This shoulder bag is perfect for everyday wear, with a stunning look, a versatile top handle and shoulder strap and a spacious interior too! The gold hardware and tassel detail embellishments add a glam touch to this chic black bag.

$320 at My Theresa

14. Longchamp Le Pliage

Longchamp’s Le Pliage bag is a classic tote that can hold a lot more than your credit card and face powder. This shoulder bag comes in a few different sizes and colors, including cream, black, navy, tan, red, eggplant purple, and pink.

The Le Pliage bag is very minimalistic in style and has a long, brown leather strap so that you can comfortably carry it on your shoulder. It’s the perfect bag for traveling, as it can be folded down to a fraction of its real size, making it easy to pack in your suitcase.

$155 at Nordstrom

15. Tory Burch Ella Tote Bag

The Tory Burch Ella Tote Bag is a must-have bag because of its super practical design and minimalist, versatile look. This stunning tote is crafted from durable recycled nylon, in either black or navy, so it will really stand the test of time. It’s then embellished with a faux leather Tory Burch logo for a tonal, textural finish.

The corners of the bag are protected with faux leather trim, while the long looping top handles are also faux leather for a sleek look. There are side snaps to extend the size of the bag, as well as a zip pocket so you don’t lose small items at the bottom of the tote!

Up next: 28 Best Designer Bags Under $1,000