DEPOSITS

9 Months Ended

Sep. 30, 2022

DEPOSITS.

DEPOSITS

6. DEPOSITS

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

	September 30,		December 31,
	2022		2021
(Millions)
Interest-bearing	$	12,407	$	11,027
Non-interest-bearing (including cardholder credit balances)		37		—
Total deposits	$	12,444	$	11,027

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

	September 30,		December 31,
	2022		2021
(Millions)
Savings accounts
Direct-to-consumer (retail)	$	2,901	$	1,713
Wholesale		3,809		3,873
Certificates of deposit
Direct-to-consumer (retail)		2,275		1,467
Wholesale		3,422		3,974
Cardholder credit balances		37		—
Total deposits	$	12,444	$	11,027

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

(Millions)
2022(1)	$	255
2023		3,270
2024		1,268
2025		412
2026		196
Thereafter		296
Total certificates of deposit		5,697

(1) The 2022 balance includes $8 million in unamortized debt issuance costs, which are associated with the entire portfolio of certificates of deposit.

As of September 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 $711 million and $500 million, respectively.