A best bet is the Nine West Women's Clutch Time Clutch in Watermelon (pictured) for $39.99 with free shipping. That's $10 under the lowest total price we could find for this bag in any color elsewhere. It features a detachable chain shoulder strap, zip closure, interior back-wall zip pocket, and slip pockets.
Update: Apply coupon code "6PMLIKE120612BRC" to cut an extra 10% off your order. It cuts the price of the above clutch to $35.99.