DISCOVER CARD MASTER TRUST I
8-K, 2000-12-15
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): December 15, 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 Discover Bank
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

                  On December 15, 2000, the registrant made available to
investors a prospectus supplement, dated December 8, 2000, and prospectus, dated
December 8, 2000, with respect to the issuance of $500,000,000 aggregate
principal amount of Series 2000-9 6.35% Class A Credit Card Pass-Through
Certificates and $26,316,000 aggregate principal amount of Series 2000-9
Floating Rate Class B Credit Card Pass-Through Certificates of Discover Card
Master Trust I (the "Trust"), pursuant to the Pooling and Servicing Agreement,
dated as of October 1, 1993, between Discover Bank (formerly Greenwood Trust
Company) ("Discover") as Master Servicer, Servicer and Seller and U.S. Bank
National Association (formerly First Bank National Association, successor
trustee to Bank of America Illinois, formerly Continental Bank, National
Association) as Trustee, as amended, and the Series Supplement for Series
2000-9, to be dated as of December 19, 2000, between Discover Bank as Master
Servicer, Servicer and Seller and U.S. Bank National Association as Trustee.

                  In connection with the issuance of Series 2000-9, Latham &
Watkins, counsel to Discover and the Trust, has delivered (i) an opinion to
Discover (as originator of the Trust), dated December 15, 2000, regarding the
legality of the Series 2000-9 6.35% Class A Credit Card Pass-Through
Certificates and the Series 2000-9 Floating Rate Class B Credit Card
Pass-Through Certificates upon issuance and sale thereof on December 19, 2000;
and (ii) an opinion to Discover (as originator of the Trust), dated December 15,
2000, as to certain federal tax matters concerning the Series 2000-9 6.35% Class
A Credit Card Pass-Through Certificates and the Series 2000-9 Floating Rate
Class B Credit Card Pass-Through Certificates. A copy of the opinion as to
legality is attached as Exhibit 5, and the opinion as to certain tax matters is
attached as Exhibit 8.

Item 7.           Exhibits

Exhibit No.       Description

Exhibit 5         Opinion of Latham & Watkins.

Exhibit 8         Opinion of Latham & Watkins as to certain federal tax
                  matters concerning the Class A Certificates and Class B
                  Certificates of Series 2000-9.

Exhibit 23        Consent of Latham & Watkins (included in Exhibit 5).




                                     Page 2
<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:    Discover Bank
                                                 (Originator of the Trust)



Date:  December 15, 2000                  By:  /s/ Michael F. Rickert
                                               ----------------------
                                               Michael F. Rickert
                                               Vice President, Chief Accounting
                                                 Officer and Treasurer





                                     Page 3
<PAGE>   4
                               INDEX TO EXHIBITS

Exhibit No.           Description

Exhibit 5             Opinion of Latham & Watkins.

Exhibit 8             Opinion of Latham & Watkins as to certain federal tax
                      matters concerning the Class A Certificates and Class B
                      Certificates of Series 2000-9.

Exhibit 23            Consent of Latham & Watkins (included in Exhibit 5).





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