GREENWOOD TRUST CO
8-K, 2000-08-02
ASSET-BACKED SECURITIES
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<PAGE>   1
                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT


                          Pursuant to Section 13 of the

                         Securities Exchange Act of 1934


         Date of Report (Date of earliest event reported): July 31, 2000


                          Discover Card Master Trust I
           ----------------------------------------------------------
               (Exact name of registrant as specified in charter)



   Delaware                   0-23108                  51-0020270
   --------                   -------                  ----------
  (State of                 (Commission              (IRS Employer
 Organization)              File Number)           Identification No.)


c/o Greenwood Trust Company
12 Read's Way
New Castle, Delaware                                              19720
-------------------------------------------                       -----
(Address of principal executive offices)                        (Zip Code)


Registrant's Telephone Number, including area code:  (302) 323-7184
                                                     --------------

Former name or former address, if changed since last report:  Not Applicable




<PAGE>   2


Item 5. Other Events

     (a) Series 1998-2. On July 31, 2000, Greenwood Trust Company, as Master
Servicer under the Series 1998-2 Supplement, dated as of March 4, 1998, between
Greenwood Trust Company as Master Servicer, Servicer and Seller and U.S. Bank
National Association (formerly First Bank National Association, successor to
Bank of America Illinois, formerly Continental Bank, National Association) as
Trustee, (the "Series 1998-2 Supplement"), elected pursuant to Section 24 of the
Series 1998-2 Supplement to delay the commencement of the Accumulation Period
until the first day of the Due Period related to the March 2001 Distribution
Date (as each such term is defined in the Series 1998-2 Supplement).



<PAGE>   3



                                   SIGNATURES

     Pursuant to the requirements of the Securities Exchange Act of 1934, the
Registrant has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                  Discover Card Master Trust I
                                     (Registrant)


                                  By: Greenwood Trust Company
                                      (Originator of the Trust)


                                  By:  /s/ John J. Coane
                                       -----------------------------------------
                                       John J. Coane
                                       Vice President, Chief Accounting Officer
                                        and Treasurer


Date: July 31, 2000



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