A second lock on the cards
Phone unlock is not always enough. CardWarden can ask for a PIN or biometrics before it shows the wallet, so handing someone your unlocked phone does not hand them every barcode and card number.
Lock is not encryption
The PIN stops a person holding the phone. Encryption stops a person holding a copy of the data. Card numbers are still encrypted on the device with ChaCha20-Poly1305 before they are stored or uploaded. The app lock does not replace the master password or the recovery phrase.
What you still need written down
Biometrics and the app PIN are convenient. They are not the recovery phrase. If you forget the master password, only that 12-word phrase can unwrap the vault. The app lock cannot.

