Pricing Supplement Dated November [__], 2004

Pricing Supplement No. 2005-5 Dated April 18, 2005

Rule 424(b)(3)

(To Prospectus dated March 24, 2005)

File No. 333-118974

GENERAL ELECTRIC CAPITAL CORPORATION

Interest Plus Notes - Floating Rate

Interest Rate:

Under

$15,000 to

Over

 

$15,000

$49,999

$50,000

 

Rate

Yield

Rate

Yield

Rate

Yield

 

2.70%

2.73%

2.95%

2.99%

3.20%

3.25%

 

Initial Investment Incentive:

$25 for an initial investment of at least $500 or an initial investment of at least $250 along with enrollment in the automatic investment option.

   
 

In addition, $25 if at the time of initial investment automatic deduction from a GE payroll or GE pension check is authorized.

   

Effective Dates:

April 18, 2005 until such time as a different rate is determined by the GE Interest Plus Committee. Information on current interest rates is available by calling 800-433-4480, 24 hours a day, seven days a week.