January 5, 2015 6:56 PM EST

Samsung unveiled the mighty mouse of storage devices at its Consumer Electronics Show presentation on Monday.

The company says its Portable SSD T1 storage device, which is roughly the size of a business card and can store up to a terabyte of data, can transfer content from any device at roughly four times the rate of the average external drive. A 3MB movie, for instance, can rip to the drive in 8 seconds.

It also comes at a whopping price: a full terabyte of storage will set you back $599, but you can spend a more budget-friendly $179 for 250 GB.

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