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Milwaukee FASTBACK 5-in-1 Folding Knife 48-22-1540

Milwaukee FASTBACK 5-in-1 Folding Knife 48-22-1540

4.5· 593 ratings

Best price now

$21.57at eBayVerified

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Our take on the Milwaukee FASTBACK 5-in-1 Folding Knife 48-22-1540

The Milwaukee FASTBACK 5-in-1 is a folding utility knife that combines a 3-inch partially serrated tanto blade with a reversible Phillips #2 and slotted 1/4-inch bit, so it cuts and drives screws with one tool. The blade folds into a 4.9-inch plastic handle with a wire belt clip and lanyard hole, and it weighs about 1 lb. At $21.57 at eBay as of November 4, 2026, it sits at the low end of its recent range, with only two stores pricing it new.

Best forTradespeople who want a knife and screwdriver in one pocket toolUtility cutting on jobsites and around the houseBuyers who prefer a folding blade over a fixed utility knifeAnyone replacing blades often and wanting a durable clip
Pros
  • Folding design keeps the blade out of the way in a pocket
  • Partially serrated tanto blade handles rope, cable and cardboard
  • Built-in reversible Phillips #2 and slotted 1/4-inch bit
  • Wire belt clip and lanyard hole for carry options
  • Replaceable blade extends the tool's life
Cons
  • About 1 lb, heavy for a pocket knife
  • Plastic handle feels less premium than metal-bodied knives
  • Partially serrated edge is less clean for fine slicing
  • Bit storage adds bulk and can be fiddly to swap

Milwaukee FASTBACK 5-in-1 Folding Knife 48-22-1540 prices at every store

  • F.W. Webb CompanyNew

    In stock

    $31.82Observed at 10:50 PM
    Visit store
  • eBayNew

    Availability unknownSold by yomo_3633 (99.8% positive, 1,100 ratings)Returns: Set by the eBay seller; the eBay Money Back Guarantee covers an item that doesn't arrive or isn't as described.

    $21.57Free shippingVerified
    Visit store

Also available at

  • Do it BestCheck price at Do it Best
  • Factory Authorized OutletCheck price at Factory Authorized Outlet
  • Farwest Lineman SupplyCheck price at Farwest Lineman Supply
  • GME Supply CompanyCheck price at GME Supply Company
  • JMC Automotive EquipmentCheck price at JMC Automotive Equipment
  • Max ToolCheck price at Max Tool
  • MSC Industrial SupplyCheck price at MSC Industrial Supply
  • Platt Electric SupplyCheck price at Platt Electric Supply
  • RunningsCheck price at Runnings
  • Sprinkler WarehouseCheck price at Sprinkler Warehouse
  • SupplyHouse.comCheck price at SupplyHouse.com

Milwaukee FASTBACK 5-in-1 Folding Knife 48-22-1540 price history

Lowest price we've seen: $19.97 on Nov 5 at Factory Authorized Outlet. Tracked across 12 stores since Nov 5.

What reviewers say

Rated 4.5 out of 5 from 593 ratings, owners generally see it as a solid jobsite folder that earns its place for the built-in screwdriver. Complaints center on weight and the plastic handle.

Pros
  • Convenient two-in-one knife and screwdriver
  • Sturdy folding lock and durable belt clip
  • Good value for a Milwaukee tool
Cons
  • Heavier than a standard utility knife
  • Plastic handle feels cheap to some owners
  • Serrated blade not ideal for precise cuts

Specifications

Intended Activities
Utility
Knife Type
Knife
Color
red
Overall Length
245 mm
Weight
1 lb
Material
Stainless Steel (blade)
Blade Material
Stainless Steel
Blade Type
Folding blade
Blade Length
3.0000 inch
Blade Edge Type
Partially Serrated
Blade Style
Tanto
Blade Width
0.12 in
Replaceable Blade
Yes
Performance Durability
Durable (Wire Belt Clip)
Tang Type
Folding
Handle Length
4.9000 inch (closed length)
Handle Material
Plastic
Handle Features
Lanyard Hole, Durable Wire Belt Clip
Included Accessories
Reversible Phillips #2 and Slotted 1/4" Bit

Questions and answers

Is the Milwaukee FASTBACK 5-in-1 worth it?
If you want a folding knife that also drives screws, it is a practical pick at $21.57 at eBay as of November 4, 2026. Buy a plain utility knife instead if you only need to cut.
How does it compare to a standard FASTBACK utility knife?
It adds a folding tanto blade and a reversible Phillips #2 and slotted 1/4-inch bit. That makes it heavier and bulkier than a basic FASTBACK, but it replaces a separate screwdriver.
Can the blade be replaced?
Yes. The blade is replaceable, so you can swap in a fresh edge when it dulls. Check that replacement blades match the 3-inch tanto, partially serrated style.
What is included in the box?
The knife comes with a reversible Phillips #2 and slotted 1/4-inch bit. No extra blades or sheath are listed.
When is the best time to buy it?
At $21.57 at eBay as of November 4, 2026, it is near the low end of its recent range. Watch for holiday tool sales if you can wait.
Where is the Milwaukee FASTBACK 5-in-1 Folding Knife 48-22-1540 cheapest?
At eBay, for $21.57, as of our latest check.
What do buyers say about the Milwaukee FASTBACK 5-in-1 Folding Knife 48-22-1540?
Rated 4.5 out of 5 from 593 ratings.
Where can I buy the Milwaukee FASTBACK 5-in-1 Folding Knife 48-22-1540?
13 stores we checked sell it, including eBay, F.W. Webb Company, Do it Best, Factory Authorized Outlet, Farwest Lineman Supply.

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