<PAGE> 1
PROSPECTUS DATED Pricing Supplement No. 11
April 1, 1998 Effective June 22, 1998
U.S. $1,000,000,000 Rule 424 (b) (3)
Registration Statement
FORD MOTOR CREDIT COMPANY No. 333-45015
VARIABLE DENOMINATION FLOATING
RATE DEMAND NOTES
- - - - - - - - - - - - - - - -
Interest Rate Per Annum
- - - - - - - - - - - -
<TABLE>
<CAPTION>
Period Tier One Notes Tier Two Notes Tier Three Notes
Beginning Under $15,000 $15,000-$49,999 $50,000 and over
- --------- -------------- --------------- ----------------
<S> <C> <C> <C>
6/22/98 5.27% 5.47% 5.67%
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