Yep, the cord going through it is elastic, so it has enough play for a difference of 3-4 cards. You can pull more cord through for bigger adjustments.
https://www.amazon.com/Calti-Tactical-Titanium-Minimalist-Blocking/dp/B073QVBQX2
Not sure if it meets all your criteria. Check it out: https://www.amazon.com/dp/B073QVBQX2