Will money clips ruin the magnetic strip on credit cards?

10-01-2007, 05:40 PM

I use a money clip now and its nice using something so much smaller than a wallet. But will money clips ruin the magnetic strip on my credit cards?

10-01-2007, 05:40 PM

Any type of metal can do that. Try and get ahold of a plastic clip instead.

10-01-2007, 05:41 PM

they might.look for the one that won't demagnetize cards
like here
http://www.open2shop.com/mshop/html/money_clip_and_wallet.html

10-01-2007, 05:41 PM

no but cell phones can

10-01-2007, 05:43 PM

if your money clip is magnetic, yes