Does Eel Skin Demagnetize Credit Cards?
Absolutely not! This is a myth that cropped up many years ago because of a feature of some of the best-selling eel skin wallets. Certain large manufacturers were using strong magnetic closures on their wallets and this did cause cards to be demagnetized. However, manufacturers no longer put strong magnetic closures on their products and scientific studies have proven that eel skin is completely inert and cannot affect credit cards in any way. p.s. We do offer a magnetic money clip that has a very strong magnet and we therefore caution our customers to remember that the clip is for currency or paper (bills, notes, etc.) only and NOT credit cards.
