When comparing pass vs My Login Vault, the Slant community recommends pass for most people. In the question“What are the best offline password managers?” pass is ranked 5th while My Login Vault is ranked 13th. The most important reason people chose pass is:
As it has both Git support and encrypts passwords to GPG-encrypted text files, it is really simple to access everywhere. You can either use a self-hosted or a personal cloud hosted Git repository. It is automatically being kept up-to-date. Clients for pretty much everything and a really active community. Even if you can't run a client you will still be able to access the password by decrypting them from the Git store.
Specs
Question Ranking
Pros
Pro Ultra portable
As it has both Git support and encrypts passwords to GPG-encrypted text files, it is really simple to access everywhere. You can either use a self-hosted or a personal cloud hosted Git repository. It is automatically being kept up-to-date. Clients for pretty much everything and a really active community. Even if you can't run a client you will still be able to access the password by decrypting them from the Git store.
Pro Works in command line
And is basically just a bunch of GPG-encrypted files stored in a folder.
Pro Free and open source
Pro Has cross platform GUI clients
It has a Qt-based GUI, an Android and iOS app, a Firefox plugin, a Golang GUI app, an interactive CUI, a dmenu script, OS X integration, and also an Emacs package.
Pro Full control
You are not forced to rely on any other service provider than yourself. Like saving them on a remote server as in the case of LastPass. You don't have to extend your trust (to LastPass or any other provider).
Pro Scripts for importing passwords from different services
Pro Not using a database
It doesn't use a database like, for example, KeePass and thus doesn't open all passwords at once. Just one at a time.
Pro Multi user suppport
You and your team can share a repo and different subtrees can be encrypted for different sets of GPG ids.
Pro Allows storing password history
You can version-control the encrypted files using Git, which allows you to track all changes done.
Pro Uses standard components
As GPG and Git are widely used, it relies on thoroughly tested and secure functionality.
Pro Unlimited logins and categories
You can add an unlimited number of logins and categories, in order to make organizing passwords easy.
Pro Privacy options
Privacy options, such as auto shutdown, prevents access when you leave your desk by never showing passwords, unless you ask it to.
Pro Choice of style
A credit card for the wallet or key ring for keys allows the user to visually see differences in their accounts.
Pro All data is stored offline
The app does not call home, ever, as it is a non cloud-based app. It encrypts and stores the data on the users USB.
Pro Simple to use
Easy to use for non techies.
Pro No recurring fees
There is no monthly or yearly fee, and you get a years worth of free updates.
Cons
Con Not super user friendly
Might be a little to low level (even with GUIs) for some teams of users.
Con Exposes the names of the sites
By default each file is named 'google.com.gpg' - so someone who steals your password directory would know every site you have accounts on.
Can be mitigated with plugins like Tomb, but a noteworthy caveat.
Con No webapp for easy shared access
Con Does not sync over devices
This is an offline app (non cloud based), it only works on Windows PCs and does not sync with your mobile, for example.
Con May be too simple for techies
Ideal for the average computer user, but maybe not enough options for the more techie individual, as there is no browser integration.
Con No multiple users
Only suitable for one user.