Filed Pursuant to Rule 433
Registration Nos. 333-206176 and 333-206176-01
★PRICING DETAILS★ $600MM SYNCHRONY CREDIT CARD (SYNCT 2016-2)
| Joint Leads: | JPM(str), MUFG |
| Co-Managers: | BNP, CastleOak, RBC, SG |
| CL | AMT(MM) | WAL | S/F | E.FINAL | L.FINAL | SPREAD | YLD% | CPN% $PX |
| A | 600.000 | 4.98 | AAA/AAA | 05/17/21 | 05/15/24 | IS+90 | 2.221 | 2.21 99.99610 |
| B | 57.534 | 4.98 | AA+/AA | ***NOT OFFERED*** | ||||
| Expected Settle: | 05/26/16 | Expected Ratings: | S&P/Fitch |
| First Pay Date: | 07/15/16 | Registration: | SEC-Registered |
| Ticker: | SYNCT 2016-2 | ERISA Eligible: | Yes |
| Bill & Deliver: | JPM | Min Denoms | Class A: | $100K x $1K | |
| CUSIPs | Class A: | 87165LBB6 | Class B: | $100k x $1 | |
| Class B: | 87165LBC4 | Expected Pricing: | Priced | ||
The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site atwww.sec.gov. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling (866) 669-7629 or by emailing the ABS Syndicate Desk atabs_synd@jpmorgan.com.
