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Possibly, but I think it is more common to say "bolsa" for "purse". Perhaps if you had said mini purse, because an American regular purse would be too big to be considered "carteira". It is small to put cash and credit cards only.
Here is a table explaining it<pre>
singular plural sua suas seu seus</pre>
The first line is Feminine and the second line is Masculine The second chart is used in formal situations:<pre>
singular plural tua tuas teu teus</pre>
Again, first line=Feminine, second line=Masculine. All of these are forms of the word "your". When you use a word from either of these charts it has to match the noun it modifies in gender and number.
Sorry if these charts do not line up, just trying to clear things up! =)