Will the magnet harm my phone?

No, Bagnetique's magnets WILL NOT harm your phone!!

Magnetic phone holders have been around for many many years.  They are based on a technology developed specifically for the purpose that uses multiple small neo-dymium magnets.  These magnets together create a strong magnetic field that will hold your phone securely, but will not interfere with the electronics or data on your phone.

Here you can see Bagnetique's "insides" -- there are 6 tiny neo-dymium magnets held securely in a precision tooled metal base.  On top of the magnet casing, there is another machine cut metal sheet that is used to create the spacer channel for the removable clip.  Then all is closed with the final backing plate.