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Video: Can magnets really make a credit card unreadable?

If you expose your credit card to a magnet, will it still work? In an earlier video, Cynthia Drake with CreditCards.com said that it would not, but many commenters begged to differ. Well, Cynthia stepped up to the challenge, conducting experiments with a refrigerator magnet, a giant junkyard magnet and more to see what the truth really was.

And if you haven’t seen it, be sure to check out the video that started the debate

 

 

 

 

 

 

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Video: White House town hall on credit card reform

Austan Goolsbee of the President's Council of Economic Advisers answered questions on Feb. 22 about credit card reform and what it means to you. The questions were both submitted live and in advance through CreditCards.com.

Published: February 24, 2010

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