SoFi Tech Solutions Q2 debit spend index shows experience spending rises 23% from Q1
Reuters2026/08/18 11:02- SoFi Technologies’ Q2 2026 Debit Spend Index showed debit spend rising across all tracked categories, led by travel and experiences.
- Fuel spend jumped 28.2% from Q1, driving nearly half of essentials growth; higher oil prices pushed US gas prices to a four-year high.
- Travel spend rose 21% on 17.4% more transactions, pointing to early-summer demand.
- Experiences spending increased 23% on 23.2% higher transactions; movie theater spend surged 92.9%.
- Saved cards became the top debit payment method, reaching 25% of transactions, 30.5% of debit dollars.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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