A ferromagnetic accessory for a handheld device is disclosed. Embodiments include a housing having a first side and a second side, the first side adapted to be coupled to and cover at least a portion of a handheld device, and a ferromagnetic layer coupled to the housing and forming a planar pattern of alternating areas defined by ferromagnetic material and nonferromagnetic material. In at least one embodiment, the ferromagnetic material comprises elongate members and the ferromagnetic layer comprises a plurality of spaced-apart elongate members defining nonferromagnetic material areas therebetween. In other embodiments, the ferromagnetic layer is embedded within the housing. In other embodiments, the ferromagnetic accessory is a contiguous layer, a composite of an elastomer and ferromagnetic material and can be coupled directly to a handheld device or to the outside of a housing.