Credit Cards – pay off interest rates

March 24, 2010

Can I put my credit cards in my money clip?

Filed under: Personal Finance — Tags: , , , — admin @ 7:17 pm
nin137 asked:


It is a magnetic money clip which is bound in leather. I am well aware that the magnets will probably de-magnetize the credit cards but I have heard from several people that this is sometimes not the case. I was wondering if anyone could help me out on this. Thanks!

ELDON

2 Comments

  1. JESS

    Mythbusters did a big episode on this. They used some very, very powerful magnets, and only one that no normal person could get their hands on had any impact.

    There’s basically zero chance of you stripping the magnet with one of those magnetic money clips.

    Comment by EMORY — March 26, 2010 @ 7:22 pm

  2. BENJAMIN

    I wouldn’t recommend it.

    Comment by DAMON — March 27, 2010 @ 7:16 am

RSS feed for comments on this post.

Sorry, the comment form is closed at this time.

Powered by WordPress
consumer credit | auto loan rates | my credit report