Dollar Scholar Asks: Do RFID-Blocking Wallets Really Work?
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This is an excerpt from Dollar Scholar, the Money newsletter where news editor Julia Glum teaches you the modern money lessons you NEED to know. Don't miss the next issue! Sign up at money.com/subscribe and join our community of 160,000+ Scholars.
A few months ago, I saw the Jonas Brothers kick off their world tour with back-to-back shows at Yankee Stadium. I sang, danced, screamed, sweated, cried, traded bracelets, got rained on and even did karaoke with Jimmy Fallon (???).
I also spent a LOT of money. I'd bought the tickets back in April, so the seats were paid off, but between Yankee Stadium's $40 cocktails, the $70 I dropped on limited-edition merch and the $30 worth of chicken tenders I scarfed down after the show, I felt like I was constantly pulling my card out of my wallet to pay for one thing or another. And despite my JoBros bliss, I started worrying about whether it was truly safe to do that in a crowd of thousands.
I know there’s an entire industry around RFID-blocking wallets — but would they help in this situation?
Do I actually need to use an RFID blocker to protect my money?
