---
schema_version: "secwatch.filing_event.v1"
accession: "0001407200-23-000028"
form_type: "8-K"
ticker: null
cik: "0001407200"
company_name: "Discover Card Execution Note Trust"
filed_at: "2023-10-12T23:59:59+00:00"
generated_at: "2026-06-10T00:37:45.692651+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Discover Card securitization trust: $24.79B receivables, 1.62% delinquency at Sept 30, 2023

## Summary
- Total receivables $24,790,752,440 across 11,928,566 accounts; average active balance $3,263.
- Delinquent receivables 30+ days total $404,059k (1.62% of outstanding).
- 67.11% of receivables came from accounts with FICO score ≥720; 2.43% below 600.
- Full balance payment rate 25.66%, minimum monthly payment rate 5.65% for Sept 2023.
- Average monthly balance reduction (refunds/returns/fraud) 0.80% for 9 months ended Sept 2023.

## SEC filing metadata
- accession: 0001407200-23-000028
- form_type: 8-K
- cik: 0001407200
- company_name: Discover Card Execution Note Trust
- filed_at: 2023-10-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 6.05, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1407200/000140720023000028/0001407200-23-000028-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894327/000140720023000028/qtrly_dcmtxdcentxasofsepte.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001407200-23-000028
- JSON: https://secwatch.observer/filing/0001407200-23-000028.json
- Plain text: https://secwatch.observer/filing/0001407200-23-000028.txt

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