Securitized Debt Reporting

We periodically securitize credit card receivables arising from our three sales platforms. We issue this debt through a public program, as well as private placements. In the tabs below, you will find reports, documentation, and performance information related to our public securitization program, called the Synchrony Credit Card Master Note Trust.

Trust Performance JUN'17 MAY'17 APR'17 3 MONTH AVG
Gross Trust Yield 25.67% 24.74% 26.18% 25.53%
Gross Charge-Off Rate 5.78% 6.56% 6.67% 6.33%
Gross Charge-Off Rate Excluding Fraud 5.60% 6.36% 6.48% 6.15%
Net Charge Off excluding Fraud 4.59% 5.18% 5.33% 5.03%
Trust excess spread percentage 16.14% 14.56% 15.91% 15.54%
Payment Rate 14.48% 14.32% 14.21% 14.34%
         
Delinquency Data JUN '17 MAY'17 APR'17 3 MONTH AVG
1 – 29 Days Delinquent
3.03% 2.87% 2.78% 2.90%
30 – 59 Days Delinquent
0.89% 0.83% 0.79% 0.84%
60 – 89 Days Delinquent
0.63% 0.57% 0.65% 0.62%
90 – 119 Days Delinquent
0.47% 0.53% 0.51% 0.50%
120 – 149 Days Delinquent
0.47% 0.46% 0.48% 0.47%
150 – 179 Days Delinquent
0.40% 0.38% 0.45% 0.41%
180 or Greater Days Delinquent 0.00% 0.00% 0.00% 0.00%
BOP Principal Receivables ($B) $12.1 $ 12.2 $ 12.3 $ 12.2