---
schema_version: "secwatch.filing_event.v1"
accession: "0001407200-23-000020"
form_type: "8-K"
ticker: null
cik: "0001407200"
company_name: "Discover Card Execution Note Trust"
filed_at: "2023-07-14T23:59:59+00:00"
generated_at: "2026-06-13T08:08:43.445256+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Discover Card Master Trust I portfolio update as of June 30, 2023: $25.0B receivables, 1.41% delinquency rate

## Summary
- Total receivables $25.0B across 12.0M accounts; average account balance $3,246 and average credit limit $13,860.
- 100% of accounts are seasoned 60+ months; 67.85% of receivables from FICO scores 720+.
- Delinquency rate 1.41% of receivables (30+ days); top 9 states comprise ~51% of receivables (TX 8.79%, CA 7.32%).
- Monthly minimum payment rate 5.72%; full balance payment rate 26.86%; average monthly balance reduction rate 0.81% for six months ended June 30, 2023.

## SEC filing metadata
- accession: 0001407200-23-000020
- form_type: 8-K
- cik: 0001407200
- company_name: Discover Card Execution Note Trust
- filed_at: 2023-07-14T23:59:59+00:00
- event_type: other
- 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/1407200/000140720023000020/0001407200-23-000020-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894327/000140720023000020/qtrly_dcmtxdcentxasofjune3.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001407200-23-000020
- JSON: https://secwatch.observer/filing/0001407200-23-000020.json
- Plain text: https://secwatch.observer/filing/0001407200-23-000020.txt

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