<TABLE>
<S>
<C>
PAGE 1
PRICING SUPPLEMENT NO. 16 TO PROSPECTUS DATED July 30, 1996
CUSIP #44922L2W5 RULE NO. 424 (b) (2)
REGISTRATION NO. 333-
(AS SUPPLEMENTED August 8, 1996)
IBM CREDIT CORPORATION
MEDIUM-TERM NOTE
(DUE FROM 9 MONTHS TO 30 YEARS FROM DATE OF ISSUE)
(FIXED RATE NOTE)
Principal Amount: $25,000,000.00 Designation : N9601025
Issue Price (as a % of Principal Amount): 100.000% Orig. Issue Date : 12/09/96
Record Dates: 02/15, 08/15 Maturity Date : 12/09/97
Interest Payment Dates: 03/01, 09/01 Initial Int. Rate: 5.54000% per yr.
Redemption:
Check opposite applicable paragraph.
XXX
----- The Notes cannot be redeemed prior to maturity.
<PAGE>
----- The Notes may be redeemed prior to maturity.
Initial Redemption Date: N/A
The Optional Redemption Price shall initially be N/A of the principal
amount of the Note to be redeemed and shall decline at each anniversary
of the Initial Redemption Dates by N/A of the principal amount to be
redeemed until the Optional redemption Price is 100% of such principal
amount.
DATED 12/04/96
</TABLE>
