RFS Holding 10-K 2020 FY Annual report

Exhibit 35.2 

ANNUAL COMPLIANCE CERTIFICATE

Synchrony Bank (the “Servicer”) hereby certifies as of December 31, 2020 as follows:

1. The undersigned has reviewed, for the period beginning January 1, 2020 and ending December 31, 2020: (a) the activities of the Servicer as they related to the Amended & Restated Sub-Servicing Agreement, dated as of January 1, 2019, between SYNCHRONY FINANCIAL and the Servicer (the “Servicing Agreement”) and (b) the Servicer’s performance under the Servicing Agreement. Such review of the activities of the Servicer and the performance by the Servicer of its obligations under the Servicing Agreement has been made by persons under the direct supervision of the undersigned.

2. To the best knowledge of the undersigned, based on my review of the Servicer’s performance under the Servicing Agreement, the Servicer has fulfilled all of its obligations under the Servicing Agreement in all material respects for the period beginning January 1, 2020 and ending December 31, 2020.

This report is delivered pursuant to Item 1123 of Regulation AB.

SYNCHRONY BANK
By:	/s/ Eric Duenwald
Name: Eric Duenwald
Title: Treasurer