RULE 424(b)(3)
                                             REGISTRATION NO. 33-56207

PRICING SUPPLEMENT NO. 78         TO PROSPECTUS DATED NOVEMBER 3, 1994
                                   (As supplemented November 17, 1994)


                        IBM CREDIT CORPORATION

                           MEDIUM-TERM NOTES

                           (Fixed Rate Note)

          (Due from 9 months to 30 years from date of issue)


Designation:  Fixed Rate               Original Issue Date:
  Medium-Term Notes Due                  May 29, 1996
  May 29, 2001

Principal Amount:  $20,000,000         Maturity Date:
                                         May 29, 2001


Issue Price (as a percentage of        Regular Record Dates:
  Principal Amount):  100%               Fifteenth calendar day
                                         whether or not a Business
                                         Day prior to the
                                         corresponding Interest
                                         Payment Date


Interest Rate:  7.0%                   Interest Payment Dates:
                                         Each May 29 and
                                         November 29 commencing
                                         November 29, 1996 and
                                         ending on the Maturity
                                         Date


Commission or discount (as a           Denominations:  $5,000 and
 percentage of Principal                 integral multiples of
 Amount):  0.0%                          $1,000 in excess thereof


Redemption Provisions:                 CUSIP:  44922L Z90
  The Notes are redeemable at the
  option of the Company on any
  Interest Payment Date,
  occurring on or after
  May 29, 1997


                                       Form:  [X] Book-Entry
                                              [ ] Certificated

          This Pricing Supplement supplements and, to the extent
inconsistent therewith, amends the description of the Notes referred
to above in the accompanying Prospectus Supplement and Prospectus.



                               INTEREST

          Interest on the Notes will be calculated based on a year of
360 days consisting of 12 months of 30 days each.

          If any payment of principal or interest is due on a day that
is not a Business Day, that payment may be made on the next succeeding
Business Day. No additional interest will accrue as a result of the
delay in payment. For purposes of the offering made hereby, "Business
Day" as used herein and in the accompanying Prospectus Supplement
means each day on which commercial banks and foreign exchange markets
settle payments in The City of New York. Capitalized terms used but
not defined herein have the meanings assigned in the accompanying
Prospectus Supplement and Prospectus.

                              REDEMPTION

          The Notes are redeemable by the Company on any Interest
Payment Date occurring on or after the May 29, 1997 Interest Payment
Date, in whole but not in part, on at least 30 days prior notice at a
redemption price of 100% of the principal amount thereof plus accrued
interest thereon to the date of redemption.

                         PLAN OF DISTRIBUTION

          The Notes will be sold to Smith Barney Inc. for resale to
one or more investors at a fixed public offering price. After the
initial public offering of the Notes, the public offering price and
any concession or discount may be changed.

Dated:  May 13, 1996