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[-] sjmarf@sh.itjust.works 18 points 12 hours ago

there was nothing preventing women from having bank accounts before 1974.

Depending on which banks were available in her area, she may still have been unable to open a credit card despite it being legal to do so. Prior to 1974, it was legal for banks to require a man’s signature for a woman to open a credit card, and many banks chose to require this. According to this article from the Smithsonian Magazine, some banks also applied a 50% reduction to womens’ wages when calculating the credit card limit for an applicant.

I agree that the facts are very frequently misrepresented.

this post was submitted on 15 May 2025
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