The magnetic memory of credit and similar cards, as well as magnetic devices such as tapes, will be erased by MR magnets.

Magnetic shielding through the use of high permeability material. The iron provides a return path for the stray field lines of magnetic flux and so significantly decreases the flux away from the magnet.
Passive shielding (see also Faraday cage) significantly eases the problems of siting a MR imager in a confined space. Ferromagnetic objects are less prone to being attracted to the magnet, ancillary electronic equipment, credit cards and computer disks can be brought closer to the magnet and the MRI safety limit for pacemaker wearers (the 5 gauss line = 0.5 mT) is reduced from, typically, 10 m to 2 m from the magnet. A passive shield for a whole-body MRI magnet weights many tons. An alternative method of controlling stray field is active shielding.

See also Active Shielding, Magnetic Shielding, Self Shielding and Room Shielding.