Israeli Credit Card Spending Surpasses 1.7 Billion Shekels Daily for First Time

In June 2026, Israeli consumer spending via credit cards reached a record 51.529 billion shekels, marking a 23.6% increase compared to June 2025's 41.694 billion shekels. This surge of over 9 billion shekels is attributed mainly to the previous year's data being affected by 13 days of conflict during Operation "With the Lion" against Iran, which imposed significant restrictions on commerce and slowed purchases.

Shva, the company managing Israel's national payment systems, reported that the average daily credit card expenditure in June 2026 hit 1.718 billion shekels, a 1.6% rise from May 2026's 1.691 billion shekels. This marks the first time daily spending has exceeded 1.7 billion shekels. Additionally, online commerce also set a new milestone, with daily online purchase averages reaching 1.001 billion shekels, surpassing the one billion shekel threshold for the first time.

These figures highlight a significant rebound and growth in national consumption, reflecting increased economic activity and consumer confidence following the disruptions of the previous year. The data underscores the expanding role of digital transactions in Israel's economy.