424B3
     
Pricing Supplement Dated November 24, 2008
(To Prospectus Supplement Dated November 24, 2008
and Prospectus Dated July 17, 2006)
  Rule 424(b)(3)
File No. 333-135813
Pricing Supplement No. 2008-5
GENERAL ELECTRIC CAPITAL CORPORATION
GE Interest Plus
® Variable Denomination Floating Rate Notes
 
             
Interest Rate:
  Under
$15,000
Rate  Yield
  $15,000 to $49,999
 
Rate  Yield
  $50,000 and Over
 
Rate  Yield
 
  3.05% 3.09%   3.25% 3.30%   3.45% 3.51%
     
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 plan. An additional $25 if automatic deduction from a GE employee payroll or GE pension check is authorized within the first 30 days after an investment account is opened.
 
   
Effective Dates:
  November 24, 2008 until such time as a different rate is determined by the GE Interest Plus Committee. Information on current interest rates is available at GEInterestPlus.com or by calling 800-433-4480, 24 hours a day, seven days a week.
 
The rates for GE Interest Plus Notes are separate and distinct from the rate established for GE Interest Plus for Businesses, which is offered to business investors.