I use a money clip that has a magnet. I was wondering if it is safe to place my iphone in the same pocket as the money clip or will it be damaged by the magnet? The magnet damaged a hotel key card once but only because I foolishy snapped the money clip shut so that the magnet held down the key card. Otherwise, credit cards are fine being in the same pocke as the money clip. by the way, YES I know writing about this sort of minutae does make me ridiculous.