Brand new iPhone 6s, never used wallet or Apple Pay before (since...I couldn't on my iPhone 5)...loaded a single card into Wallet as part of the startup process...updated to iOS 9.0.2 as part of phone startup...restored from backup of my iPhone 5...and see exactly this behavior if screen is in 'standard' mode. If I change screen to 'zoomed', looks good.
But I don't WANT it in 'zoomed' mode, I want to be able to use the extra real estate I get with the 6s vs the 5.
I've added two new credit cards - in standard view they are also clipped a the edges, just as the text below the cards (recent charges etc.) is clipped at the left and right edges.
Doing a full backup, phone wipe and restore seems like taking a sledgehammer to a thumbtack. SURELY that is not really the fix...Apple?