other material
confidence high
sentiment neutral
materiality 0.30
Discover Card Master Trust I reports $29.05B in receivables as of March 31, 2024; delinquency rate 1.69%
Discover Card Execution Note Trust
- Total receivables $29.047B from 13.16M accounts; average balance $3,340; average credit limit $13,980.
- Delinquent receivables 1.69% of total; 30–59 days $149M, 60–89 days $111M, 90+ days $232M.
- 67.57% of receivables from FICO scores 720+; 2.42% from scores below 600.
- Minimum monthly payment rate 6.02%; full balance payment rate 26.30% for March 2024.
- Average monthly balance reduction rate (refunds, returns, fraud) 0.73% for Q1 2024.