Demagnetizing credit cards, a myth? Options

[angelrevelation]

I've been thinking of getting a Motorola Pebl, but I've heard mixed stories about its ability to demagnetize things, like credit cards and harddrives(?). But others say it's just a myth, and that it only takes a super strong magnet to do that.

Anyone have experience with that, or Pebls in general?

[Just_Dream]

If you're worried about it, you should consider a different phone. The PEBL is a shitty phone anyways.

But I heard that a guy tried it (well, I am going off on what is said on forums) and he said the cards still swiped fine. But there are suggestions not to put your credit card sandwiched in between the phone (between top and bottom).