<PAGE> 1
EXHIBIT (AC)
MONTHLY CERTIFICATEHOLDERS' STATEMENT
Discover Card Master Trust I
Series 2000-A Monthly Statement
Distribution Date: November 15, 2000 Month Ending: October 31, 2000
Pursuant to the Series Supplement dated as of May 22, 2000 relating to the
Pooling and Servicing Agreement dated as of October 1, 1993 by and between
Discover Bank (formerly Greenwood Trust Company) and U.S. Bank National
Association, as Trustee, as amended, the Trustee is required to prepare certain
information each month regarding current distributions to investors and the
performance of the Trust. We have set forth below this information for the
Distribution Date listed above, as well as for the calendar month ended on the
date listed above. Series 2000-A Certificates were issued only to qualified
institutional buyers and are not publicly available.
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<CAPTION>
1. Payments for the benefit of investors in Extended Certificates and Maturity
Certificates in Series 2000-A on this Distribution Date (per $1000 of
Subclass Initial Investor Interest)
--------------------------------------------------------------------------------
Extended Maturity Extended Maturity
Certificate Certificate Certificate Certificate
Series 2000-A Total Interest Interest Principal Principal
<S> <C> <C> <C> <C> <C>
Subclass Investor Interest $0.00 $0.00 $0.00 $0.00 $0.00
</TABLE>
<TABLE>
<CAPTION>
2. Principal Receivables at the end of October, 2000
------------------------------------------------------
<S> <C>
(a) Aggregate Investor Interest $25,266,864,660.67
Seller Interest $7,841,421,955.70
Total Master Trust $33,108,286,616.37
(b) Group One Investor Interest $25,266,864,660.67
(c) Series 2000-A Investor Interest $2,500,000,000.00
(d) Series 2000-A Aggregate Discount Certificate Subclass Investor Interests $2,500,000,000.00
(e) Series 2000-A Aggregate Extended Certificate Subclass Investor Interests $0.00
(f) Series 2000-A Aggregate Maturity Certificate Subclass Investor Interests $0.00
</TABLE>
<TABLE>
<CAPTION>
3. Allocation of Receivables Collected During October, 2000
-------------------------------------------------------------
Finance Charge Principal Yield Collections /
Collections Collections Additional Funds
(a) Allocation of Collections between Investors and Seller
<S> <C> <C> <C>
Aggregate Investor Allocation. $403,038,198.29 $3,825,075,612.83 $0.00
Seller Allocation $125,576,697.41 $1,191,798,605.47 $0.00
(b) Group One Allocation $403,038,198.29 $3,825,075,612.83 $0.00
(c) Series 2000-A Allocations $39,803,644.42 $377,760,594.89 $0.00
(d) Monthly Principal Payment Rate (Principal Collections as a monthly
percentage of Master Trust Principal Receivables at the beginning of
October, 2000) 15.11%
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<TABLE>
<S> <C>
(e) Principal Collections as a monthly percentage of Master Trust Receivables
at the beginning of October, 2000 14.88%
(f) Finance Charge Collections as a monthly percentage of Master Trust
Receivables at the beginning of October, 2000 1.57%
(g) Total Collections as a monthly percentage of Master Trust Receivables
at the beginning of October, 2000 16.45%
</TABLE>
<TABLE>
<CAPTION>
4. Information Concerning the Series Principal Funding Account ("SPFA")
-------------------------------------------------------------------------
Deposits into the Deficit Amount
SPFA on this on this SPFA Investment
Distribution Date Distribution Date Balance Income
<S> <C> <C> <C> <C>
Series 2000-A $0.00 0.00 $0.00 $0.00
</TABLE>
<TABLE>
<CAPTION>
5. Information Concerning Amount of Controlled Liquidation Payments
---------------------------------------------------------------------
Total Payments
Amount Paid on this Deficit Amount through this
Distribution Date on this Distribution Date Distribution Date
<S> <C> <C> <C>
Series 2000-A $0.00 $0.00 $0.00
</TABLE>
<TABLE>
<CAPTION>
6. Information Concerning the Series Interest Funding Account ("SIFA")
------------------------------------------------------------------------
Deposits into the SIFA SIFA Balance at the
on this Distribution Date end of October, 2000
<S> <C> <C>
Series 2000-A $14,233,442.13 $47,779,657.78
</TABLE>
<TABLE>
<CAPTION>
7. Information Concerning the Proceeds Account
------------------------------------------------
Deposits into the Proceeds
Account on this Distribution Date Proceeds Account
(other than Issuance Proceeds) Balance
<S> <C> <C>
Series 2000-A $0.00 $0.00
</TABLE>
<TABLE>
<CAPTION>
8. Investor Charged-Off Amount
--------------------------------
Cumulative Investor
October, 2000 Charged-Off Amount
<S> <C> <C>
(a) Group One $119,041,746.05 $0.00
(b) Series 2000-A $11,756,442.32 $0.00
(c) As an annualized percentage of
Principal Receivables at the
beginning of October, 2000 5.64% N/A
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<TABLE>
<CAPTION>
9. Investor Losses for October, 2000
--------------------------------------
Per $1000 of Initial
Total Series Investor Interest
<S> <C> <C>
(a) Group One $0.00 $0.00
(b) Series 2000-A $0.00 $0.00
</TABLE>
<TABLE>
<CAPTION>
10. Reimbursement of Investor Losses for October, 2000
--------------------------------------------------------
Per $1000 of Initial
Total Series Investor Interest
<S> <C> <C>
(a) Group One $0.00 $0.00
(b) Series 2000-A $0.00 $0.00
</TABLE>
<TABLE>
<CAPTION>
11. Aggregate Amount of Unreimbursed Investor Losses as of the end of October,
2000
--------------------------------------------------------------------------------
Per $1000 of Initial
Total Series Investor Interest
<S> <C> <C>
(a) Group One $0.00 $0.00
(b) Series 2000-A $0.00 $0.00
</TABLE>
<TABLE>
<CAPTION>
12. Investor Monthly Servicing Fee payable on this Distribution Date
----------------------------------------------------------------------
<S> <C>
(a) Group One $42,190,264.36
(b) Series 2000-A $4,166,666.67
</TABLE>
<TABLE>
<CAPTION>
13. Total Available Credit Enhancement Amounts
------------------------------------------------
Class A Amount
<S> <C>
(a) Maximum Amount on this Distribution Date $200,000,000.00
(b) Available Amount on this Distribution Date $200,000,000.00
(c) Amount of Drawings on Credit Enhancement
on this Distribution Date $0.00
(d) Credit Enhancement Fee on this
Distribution Date $162,153.30
</TABLE>
<TABLE>
<CAPTION>
14. Delinquency Summary
-------------------------
Master Trust Receivables Outstanding at the end of October, 2000 $33,604,245,597.34
Delinquent Amount Percentage of Ending
Payment Status Ending Balance Receivables Outstanding
<S> <C> <C>
30-59 days $773,103,019.71 2.30%
60-179 days $1,415,283,566.26 4.21%
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<TABLE>
<CAPTION>
15. Excess Spread Percentages on this Distribution Date(1)
------------------------------------------------------------
<S> <C>
(a) Group One(2) 4.90%
(b) Series 2000-A(3) 4.52%
16. Net Charge-Offs on this Distribution Date(4)
Charge-offs net of recoveries as an annualized percentage of
Principal Receivables at the beginning of October, 2000 4.95%
17. Information concerning the MC Purchase Agreement
(a) Total purchases made pursuant to the MC Purchase Agreement
during October, 2000 $0.00
(b) Total Available Commitments at the end of October, 2000 $700,000,000.00
(c) Aggregate amount on deposit in any MC Purchase Accounts
at the end of October, 2000 $0.00
</TABLE>
U.S. BANK NATIONAL ASSOCIATION
as Trustee
BY:
----------------------------
Vice President
-----------------------------------------
(1) For series in Group One, investors should refer only to the higher of the
Group Excess Spread Percentage (Item 15(a)) and the Series Excess Spread
Percentage (Item 15(b)) in assessing the current performance or the Trust
and the Receivables.
(2) Group Excess Spread is the sum of the Series Excess Spreads (as described
below) for each series in the Group. The Group Excess Spread Percentage
is equal to the Group Excess Spread, multiplied by twelve, divided by the
Series Investor Interests for each series in the Group.
(3) Series Excess Spread is equal to (a) the sum of Finance Charge Collections,
Yield Collections, Additional Investor Funds and any Investment Income
for this Series (see Item 3(c)) minus (b) the sum of (i) the product of (A)
the Class Invested Amount for such Distribution Date and (B) a fraction, the
numerator of which is the Class A Weighted Average Certificate for that
Class, and the denominatorof which is 360 divided by the actual number of
days from and including the immediately preceding Distribution Date (or, in
the case of the first Distribution Date, from and including the Series
Closing Date) to but excluding the current Distribution Date, (ii) the
Investor Servicing Fee (see Item 12(b)), (iii) the Investor Charge-Off
Amount (see Item 8(b)), (iv) the Credit Enhancement Fee (see Item 13(d)),
(v) the Monthly Commitment Fees, (vi) the positive difference, if any,
between MC Purchase Account Interest and MC Purchase Account Investment
Income, and (vii) tax gross-up amounts, indemnification payments and
increased costs, if any, payable to the MC Purchasers under th MC Purchase
Agreement, in each case for this Distribution Date. The Series Excess Spread
Percentage is equal to the Series Excess Spread, multiplied by twelve,
divided by the Series Investor Interest for this Series.
(4) For purposes of allocations to investors, recoveries are treated as Finance
Charge Collections and are included as such in Item 3 above.
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MASTER SERVICER'S CERTIFICATE STATEMENT
Discover Card Master Trust I
Series 2000-A Monthly Statement
CREDIT CARD
PASS-THROUGH CERTIFICATES
The undersigned, a duly authorized representative of Discover Bank
(formerly Greenwood Trust Company), as Master Servicer pursuant to the Pooling
& Servicing Agreement dated as of October 1, 1993, as amended (the "Pooling &
Servicing Agreement") and the Series Supplement, dated as of May 22, 2000 (the
"Series Supplement") by and between Discover Bank and U.S. Bank National
Association, as Trustee, does hereby certify as follows with respect to the
Series Supplement for the Discover Card Master Trust I, Series 2000-AMaster
Trust Certificates for the Distribution Date occurring on November 15, 2000:
<TABLE>
<S> <C>
1. Discover Bank (formerly Greenwood Trust Company) is Master Servicer under
the Pooling and Servicing Agreement.
2. The undersigned is a Servicing Officer of Discover Bank as Master Servicer.
3. The aggregate amount of Collections processed during October, 2000
is equal to $5,545,489,114.00
4. The aggregate amount of Class A Principal Collections processed during
October, 2000 is equal to $377,760,594.89
5. The aggregate amount of Class A Finance Charge Collections processed
during October, 2000 is equal to $39,803,644.42
6a. The aggregate amount of Class A Principal Collections recharacterized as
Series Yield Collections during October, 2000 is equal to $0.00
6b. The aggregate amount of Class A Additional Funds for this Distribution
Date is equal to $0.00
7. The sum of all amounts payable to the Class A Certificateholders
on the current Distribution Date is equal to $14,233,442.13
8. The sum of all amounts payable for benefit of the Class A Discount
Certificateholders on the current Distribution Date is equal to $14,233,442.13
9. The sum of all amounts payable to the Class A Extended
Certificateholders on the current Distribution Date is equal to 0.00
10. The sum of all amounts payable to the Class A Maturity
Certificateholders on the current Distribution Date is equal to 0.00
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<TABLE>
<S> <C>
11. The amount of drawings under the Credit Enhancement required to be
made on the related Drawing Date pursuant to the Series Supplement: 0.00
(a) with respect to the Class A Required Amount Shortfall
is equal to $0.00
(b) with respect to the Class A Cumulative Investor Charged-Off
Amount is equal to $0.00
(c) with respect to the Class A Investor Interest is equal to $0.00
12. Attached hereto is a true copy of the statement required to be delivered by
the Master Servicer on the date of this Certificate to the Trustee pursuant to
Section 18 of the Series Supplement.
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IN WITNESS WHEREOF, the undersigned has duly executed and delivered
certificate this 15th day of November, 2000.
Series 2000-A
DISCOVER BANK
as Master Servicer
By:
-------------------------------------
Assistant Vice President and Assistant
Treasurer
