Mar

24

Can I put my credit cards in my money clip?

Filed Under Personal Finance 

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

Comments

2 Responses to “Can I put my credit cards in my money clip?”

  1. EMORY on March 26th, 2010 7:22 pm

    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.

  2. DAMON on March 27th, 2010 7:16 am

    BENJAMIN

    I wouldn’t recommend it.

Leave a Reply