Prospectus Supplement dated
December 1, 1996 to PROSPECTUS
Dated March 1, 1996
U.S. $1,000,000,000 Rule 424(b)(3)
Registration Statement
FORD MOTOR CREDIT COMPANY No. 33-62973
VARIABLE DENOMINATION FLOATING
RATE DEMAND NOTES
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The third sentence of the paragraph captioned "General" under
the heading "How to Redeem Investments" appearing on page 5 of the
Prospectus is amended to read as follows: "If the amount to be
redeemed represents an investment made by check, the redemption
request will not be honored if made within a period of 10 business
days from the receipt of such investment check."