---
schema_version: "secwatch.filing_event.v1"
accession: "0001407200-22-000012"
form_type: "8-K"
ticker: null
cik: "0001407200"
company_name: "Discover Card Execution Note Trust"
filed_at: "2022-04-14T23:59:59+00:00"
generated_at: "2026-06-26T07:20:26.916422+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Discover Card Master Trust I reports portfolio data as of March 31, 2022: $24.04B receivables

## Summary
- Total receivables $24,035,434,782; 12,840,764 accounts; average balance $2,963 on active accounts.
- Delinquency rate (30+ days) of 1.09% of receivables; 0.27% of accounts delinquent.
- 69.7% of receivables have credit limits over $15,000; 66.29% of receivables have FICO scores 720+.
- Minimum monthly payment rate 5.76%; full balance payment rate 27.52% for March 2022.
- All accounts are at least 60 months old; average monthly balance reduction (returns/fraud) was 0.87%.

## SEC filing metadata
- accession: 0001407200-22-000012
- form_type: 8-K
- cik: 0001407200
- company_name: Discover Card Execution Note Trust
- filed_at: 2022-04-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 6.05, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1407200/000140720022000012/0001407200-22-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894327/000140720022000012/qtrly_dcmtxdcentxasofmarch.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001407200-22-000012
- JSON: https://secwatch.observer/filing/0001407200-22-000012.json
- Plain text: https://secwatch.observer/filing/0001407200-22-000012.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.