Now you can use a single holder for any 1/4" hex driver bit in your toolbox. It accepts plain or grooved shanks and has an integral rare-earth magnet that magnetizes the bit to securely hold ferrous screws.
Sliding the collar back automatically ejects the bit, allowing easy removal of the 1" long bits commonly found in sets.
The 1/4" shank is grooved for use with quick-change chucks. Includes a #2 Phillips screwdriver bit made from durable S2 steel. This bit holder is also available as part of a set with thirty 1/4" bits, sold separately.
An excellent bit holder.