PROSPECTUS and Pricing Supplement No. 013
PROSPECTUS SUPPLEMENT, each Effective at 9:23 A.M.
Dated October 24, 1996 December 12, 1996
Rule 424(b)(3)
Registration
Statement No. 33-64237
U.S.$5,000,000,000
FORD MOTOR CREDIT COMPANY
MEDIUM-TERM NOTES
Due from 9 Months to 30 Years from Date of Issue
Interest payable each March 15 and
September 15 and at Stated Maturity
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The Notes offered hereby are Fixed Rate Notes as more fully
described in the accompanying Prospectus and Prospectus
Supplement.
Issue Date: December 27, 1996
Stated Maturity: December 27, 2006
Interest Rate: 6.76% per annum
Minimum Denomination and
Purchase Amount: $1,000 and integral
multiples thereof
Agent's Discount or Commission 1.50%
Agent's Capacity ____ Agent _X__ Principal*
* If acting as principal, $3,000,000.00 aggregate principal
amount of the Notes are being purchased by Merrill Lynch & Co.,
Lynch, Pierce, Fenner & Smith Incorporated at the discount set
forth above for resale to investors at varying prices related to
prevailing market prices at the time of resale.
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MERRILL LYNCH & CO.
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