SoFi Tech Solutions Q2 debit spend index shows experience spending rises 23% from Q1
Reuters2026/08/18 11:02Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- 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:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. SoFi Technologies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260818060544) on August 18, 2026, and is solely responsible for the information contained therein.
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