---
schema_version: "secwatch.filing_event.v1"
accession: "0001407200-25-000005"
form_type: "8-K"
ticker: null
cik: "0001407200"
company_name: "Discover Card Execution Note Trust"
filed_at: "2025-01-14T23:59:59+00:00"
generated_at: "2026-05-28T01:52:46.598481+00:00"
event_type: "other"
sentiment: "neutral"
materiality_score: 0.15
calibrated_materiality_score: 0.15
confidence: "high"
source: SEC EDGAR
---

# Discover Card Trust reports $29.4B receivables, 1.76% delinquency as of Dec 31, 2024

## Summary
- Total receivables $29.39B across 12.71M accounts; average balance $3,497, avg credit limit $14,176.
- Total delinquent receivables $516M (1.76% of total); 30–59 days $154.5M (0.52%).
- 68.23% of receivables from accounts with FICO 720+; 2.47% below 600.
- 100% of accounts are 60+ months old; top 9 states make up >50% (Texas 8.69%, CA 7.51%).
- Monthly full balance payment rate 27.18%; avg balance reduction rate 0.76% over 12 months.

## SEC filing metadata
- accession: 0001407200-25-000005
- form_type: 8-K
- cik: 0001407200
- company_name: Discover Card Execution Note Trust
- filed_at: 2025-01-14T23:59:59+00:00
- event_type: other
- sentiment: neutral
- materiality_score: 0.15
- calibrated_materiality_score: 0.15
- confidence: high
- sec_items: 6.05, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1407200/000140720025000005/0001407200-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/894329/000140720025000005/qtrly_dcmtxdcentxasofdecem.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001407200-25-000005
- JSON: https://secwatch.observer/filing/0001407200-25-000005.json
- Plain text: https://secwatch.observer/filing/0001407200-25-000005.txt

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