No, it isn't broken.....it's like having 2 in 1. Coach glitter red enamel heart turnlock valet silver key fob/keyring/keychain. I must say the tag says "red" but to me the color is more like pink... Put your house keys on one ring and car keys in another. Separate them in a snap for valet parking. Going for a run? Why carry your car keys? Usable and fashionable!