Exhibit 21.1

List of Subsidiaries

Name of Subsidiary	Jurisdiction of Organization
Blue Trademark Holding, LLC	Delaware
CareCredit LLC	California
GEC RF Global Services Philippines Inc.	Philippines
GEMB Lending Inc.	Delaware
GEM Holding, L.L.C	Delaware
GE Global Servicing Private Limited	India
GE Sales Finance Holding, L.L.C.	Delaware
PLT Holding, L.L.C.	Delaware
Retail Finance Credit Services, LLC	Delaware
Retail Finance International Holdings, Inc.	Delaware
Retail Finance Servicing, LLC	Delaware
RFS Holding, Inc.	Delaware
RFS Holding, L.L.C.	Delaware
Synchrony Bank	United States
Synchrony Financial Canada	Ontario
Synchrony Financial Canada Company	Nova Scotia
Synchrony Holding Company	Nova Scotia
Securitization Trusts Without taking a position as to whether they are “subsidiaries” within the meaning of Rule 405, the following securitization entities are consolidated within the Company’s financial statements:
Name of Trust	Jurisdiction of Organization
GE Capital Credit Card Master Note Trust	Delaware
GE Money Master Trust	Delaware
GE Sales Finance Master Trust	Delaware