Exhibit 21

Subsidiaries of

Alliance Data Systems Corporation

A Delaware Corporation

(as of December 31, 2011)

Subsidiary	Jurisdiction of Organization	Other Business Names
ADI, LLC	Delaware	None
ADS Alliance Data Systems, Inc.	Delaware	None
ADS Foreign Holdings, Inc.	Delaware	None
ADS Reinsurance Ltd.	Bermuda	None
Abacus Direct Europe BV	Netherlands	None
Abacus Direct Ireland Limited	Ireland	None
Alliance Data FHC, Inc.	Delaware	Epsilon International
Alliance Data Foreign Holdings, Inc.	Delaware	None
Alliance Data Luxembourg S.àr.l.	Luxembourg	None
Alliance Data Pte. Ltd.	Singapore	None
AMGI Holdings, LLC	Delaware	None
Aspen ListCo Acquisitions LLC	Delaware	None
Aspen Marketing Holdings, LLC	Delaware	None
Aspen Marketing Services, LLC	Delaware	None
ClickGreener Inc.	Ontario, Canada	None
CPC Associates, LLC	Delaware	None
Comenity LLC	Delaware	None
DNCE LLC	Delaware	None
Eindia, LLC	Delaware	None
Epsilon Data Management, LLC	Delaware	None
Epsilon Email Marketing India Private Limited	India	None
Epsilon FMI, Inc.	Ohio	Direct Antidote
Epsilon Interactive, LLC	Delaware	None
Epsilon Interactive CA Inc.	Ontario, Canada	Abacus Canada
		Enterprises Abacus Canada
Epsilon International, LLC	Delaware	None
Epsilon International Consulting Services Private Limited	India	None
Epsilon International UK Ltd.	England	None
Epsilon Marketing Services, LLC	Delaware	None
Epsilon Software Technology Consulting (Shanghai) Co., Ltd.	Shanghai, People’s Republic of China	None
ICOM Ltd.	Ontario, Canada	None
iCom Information & Communications, Inc.	Delaware	None
ICOM Information & Communications L.P.	Ontario, Canada	Shopper’s Voice
		Smart Shopper Stop
Interact Connect LLC	Delaware	None
LMGC Holdings 1, ULC	Nova Scotia, Canada	None
LMGC Holdings 2, ULC	Nova Scotia, Canada	None
LMGC Luxembourg S.àr.l.	Luxembourg	None
LoyaltyOne, Inc.	Ontario, Canada	AIR MILES
		airmilesshops.ca
		AIR MILES Corporate Incentives
		AIR MILES For Business
		AIR MILES Incentives
		AIR MILES My Planet
		AIR MILES Reward Program
		Alliance Data
		Alliance Data Loyalty Services
		Direct Antidote
		Le Groupe Loyalty
		Loyalty & Marketing Services
		Loyalty Services
		LoyaltyOne
		LoyaltyOne Canada
		My Planet
		The Loyalty Group
LoyaltyOne Participacoes Ltda	Brazil	None
LoyaltyOne Rewards Private Limited	India	None
LoyaltyOne SPB, Inc.	Ontario, Canada	None
LoyaltyOne US, Inc.	Delaware	Colloquy
		LoyaltyOne Consulting
		Precima
LoyaltyOne Travel Services Inc.	Ontario, Canada	AIR MILES Travel Services
S.R.I. Analytics, Inc.	Georgia	None
WFC Card Services L.P.	Ontario, Canada	None
WFC Card Services Holdings Inc.	Ontario, Canada	None
WFN Credit Company, LLC	Delaware	None
WFN Operating Co., LLC	Delaware	None
World Financial Capital Bank	Utah	None
World Financial Capital Credit Company, LLC	Delaware	None
World Financial Network Bank	Delaware	None