I've had many of these magnetic money clip wallets over the years including a few from Fossil which I carried with me until they needed replacing. This is the first problem with the magnet. It's not lacking in magnetic power, but the backing sticks to anything. Sticks to keys in your pocket. I fold my laundry, I'm standing at the dryer in my gym shorts, I'm about to leave, and the pant leg is in the dryer through my purse in my pocket. Of course, when you pull out a bill, the money clip in your pocket will open and eject the bills. Very annoying. It looks good and the skin feels good, but the magnet ruins everything. UPDATE: Apparently nobody, including Fossil, understands my question. Am I missing a screen on the back of the magnet? I should be able to stand next to the washing machine without the CLOSED money clip snagging on the washing machine through my bag! I've had many wallets with magnetic money clips, including Fossil, and have never had one where the back of the magnet grabbed everything. Something wrong. When my keys are in the same pocket and the bills are held together by the money clip, the outside of the clip (the opposite side of the one that catches the bills) will stick to my keys and pull out the key pocket. Big PITA!
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