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A magnet can erase details on the magnetic strip of your ATM credit or debit card if it's placed in close proximity to them. Needless to say, this can cause a great deal of inconvenience and embarrassement at a time when least needed !!! A magnet can erase details on the magnetic strip of your ATM credit or debit card if it's placed in close proximity to them. Needless to say, this can cause a great deal of inconvenience and embarrassement at a time when least needed !!!

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