Pricing Supplement Dated November [__], 2004

Pricing Supplement No. 2005-7 Dated July 11, 2005

Rule 424(b)(3)

(To Prospectus dated March 24, 2005)

File No. 333-118974

GENERAL ELECTRIC CAPITAL CORPORATION

Interest Plus Notes - Floating Rate

Interest Rate:

Under

$15,000 to

Over

 

$15,000

$49,999

$50,000

 

Rate

Yield

Rate

Yield

Rate

Yield

 

3.00%

3.04%

3.25%

3.30%

3.50%

3.56%

 

Initial Investment Incentive:

An additional $25 if automatic deduction from a GE employee payroll, GE pension check or MCI, Inc. employee payroll is authorized within the first 30 days after an investment account is opened.

   
   

Effective Dates:

July 11, 2005 until such time as a different rate is determined by the GE Interest Plus Committee. Information on current interest rates is available by calling 800-433-4480, 24 hours a day, seven days a week.