**Exhibit 34.1**

Report ofIndependent Registered Public Accounting Firm

The Board of Directors

GE Money Bank:

We have examined theaccompanying management’s assertion, that GE Money Bank (the “Company”)complied with the servicing criteria set forth in Item 1122(d) of theSecurities and Exchange Commission’s Regulation AB for credit card asset-backedsecurities transactions issued by the GE Capital Credit Card Master Note Trust(the Platform), except for servicing criteria 1122(d)(1)(i), 1122(d)(1)(iii),1122(d)(2)(i), 1122(d)(2)(ii), 1122(d)(2)(iii), 1122(d)(2)(iv), 1122(d)(2)(v),1122(d)(2)(vi), 1122(d)(2)(vii), 1122(d)(3)(i), 1122(d)(3)(ii),1122(d)(3)(iii), 1122(d)(3)(iv), 1122(d)(4)(i), 1122(d)(4)(ii),1122(d)(4)(iii), 1122(d)(4)(iv), 1122(d)(4)(v), 1122(d)(4)(vii),1122(d)(4)(viii), 1122(d)(4)(ix), 1122(d)(4)(x), 1122(d)(4)(xi),1122(d)(4)(xii) 1122(d)(4)(xiii), 1122(d)(4)(xiv) and 1122(d)(4)(xv) which theCompany has determined are not applicable to the activities it performs withrespect to the Platform, as of and for the twelve months ended December 31,2006.  Management is responsible for theCompany’s compliance with those servicing criteria. Our responsibility is toexpress an opinion on management’s assessment about the Company’s compliancebased on our examination.

Our examinationwas conducted in accordance with the standards of the Public Company AccountingOversight Board (United States)****and,accordingly, included examining, on a test basis, evidence about the Company’scompliance with the servicing criteria specified above and performing suchother procedures as we considered necessary in the circumstances.  Our examination included testing of less thanall of the individual asset-backed transactions and securities that comprisethe Platform, testing of less than all of the servicing activities related tothe Platform, and determining whether the Company processed those selectedtransactions and performed those selected activities in compliance with theservicing criteria.  Furthermore, ourprocedures were limited to the selected transactions and servicing activitiesperformed by the Company during the period covered by this report.  Our procedures were not designed to determinewhether errors may have occurred either prior to or subsequent to our teststhat may have affected the balances or amounts calculated or reported by theCompany during the period covered by this report for the selected transactionsor any other transactions. We believe that our examination provides areasonable basis for our opinion.  Ourexamination does not provide a legal determination on the Company’s compliancewith the servicing criteria.

As described in theaccompanying management assertion, for servicing criteria 1122 (4)(vi*)*, the Company has engaged various vendors to perform theactivities required by these servicing criteria. The Company has determinedthat these vendors are not considered a “servicer” as defined in Item 1101(j)of Regulation AB, and the Company has elected to take responsibility forassessing compliance with the servicing criteria applicable to each vendor aspermitted by Interpretation 17.06 of the SEC Division of Corporation FinanceManual of Publicly Available Telephone Interpretations (“Interpretation 17.06”). As permitted by Interpretation 17.06, the Company has asserted that ithas policies and procedures in place designed to provide reasonable assurancethat the vendors’ activities comply in all material respects with the servicingcriteria applicable to each vendor.  The Company is solely responsible fordetermining that it meets the SEC requirements to apply Interpretation 17.06for the vendors and related criteria as described in its assertion, and weperformed no procedures with respect to the Company’s eligibility to applyInterpretation 17.06.

In our opinion,management’s assessment that the Company complied with the aforementionedservicing criteria, including servicing criteria 1122 (d)(4)(vi) for whichcompliance is determined based on Interpretation 17.06 as described aboveas of and for the twelve months ended December 31, 2006 is fairly stated, inall material respects.

/s/ KPMG LLP

Chicago, Illinois

March 29, 2006

 

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