DEPOSITS

6 Months Ended

Jun. 30, 2022

DEPOSITS.

DEPOSITS

6. DEPOSITS

As of June 30, 2022 and December 31, 2021, deposits were categorized as interest-bearing or non-interest-bearing as follows:

	June 30,		December 31,
	2022		2021
(Millions)
Interest-bearing	$	10,999	$	11,027
Non-interest-bearing (including cardholder credit balances)		29		—
Total deposits	$	11,028	$	11,027

Deposits by deposit type as of June 30, 2022 and December 31, 2021 were as follows:

	June 30,		December 31,
	2022		2021
(Millions)
Savings accounts
Direct-to-consumer (retail)	$	2,684	$	1,713
Wholesale		3,676		3,873
Certificates of deposit
Direct-to-consumer (retail)		1,507		1,467
Wholesale		3,132		3,974
Cardholder credit balances		29		—
Total deposits	$	11,028	$	11,027

The scheduled maturities of certificates of deposit as of June 30, 2022 were as follows:

(Millions)
2022(1)	$	1,334
2023		2,009
2024		854
2025		233
2026		111
Thereafter		98
Total certificates of deposit		4,639

(1) The 2022 balance includes $7 million in unamortized debt issuance costs, which are associated with the entire portfolio of certificates of deposit.

As of June 30, 2022 and December 31, 2021, certificates of deposit that exceeded applicable FDIC insurance limits, which are generally $250,000 or more, in the aggregate, were $538 million and $500 million, respectively.