The effect is called the Lenz Effect. The moving magnet causes small magnetic fields, called eddy currents, to form in the metal (brass, aluminum foil/tube ...). These eddy currents have their own magnetic field (all electrical currents do). This is what is interacting with the moving magnet.
1 Limited use: The Angel Card can only be used in Victoriaâs Secret and PINK stores. 2  While you may also use the card at Bath & Body Works stores, you will not earn Angel Reward points on those purchases.
Yes, in certain circumstances, merchants can take these steps as protection against fraud, errors or other losses. One common situation involves a hotel putting a hold on a certain amount when you use a debit card (or credit card) to reserve a room. Another example is when you use your debit card at the gas pump.f you want to sign for a debit card transaction, you generally swipe your card through the reader and choose credit â even though you are authorizing a debit (withdrawal) from your account, not a credit card transaction. To use your PIN instead of signing, select debit..