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Filed pursuant to Rule 433 |
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Filed pursuant to Rule 433 |
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Filed pursuant to Rule 433 |
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Filed pursuant to Rule 433 |
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Dated August 13, 2012 |
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Have questions about GE Interest Plus? The good news is that they may have been answered for you below. Still need assistance? Representatives are available business days from 8:00 a.m. to 7:00 p.m. ET and may be reached at 1-800-433-4480.
What is GE Capital Invest Direct?
GE Capital Invest Direct is a website through which General Electric Capital Corporation offers consumers and small businesses the opportunity to invest directly in GE Interest Plus corporate notes.
What is GE Interest Plus?
GE Interest Plus is an investment designed to provide individual investors with a convenient way to invest directly in General Electric Capital Corporation (GECC). It is an unsecured and unsubordinated debt obligation of GECC and is not a bank account, certificate of deposit or a money market fund. It is not a bank deposit or certificate of deposit and is not FDIC insured. GE Interest Plus in not guaranteed under the FDICs Temporary Liquidity Guarantee Program. It is offered by prospectus only in the U.S. Complete information concerning GE Interest Plus is contained in the prospectus.
How does GE Interest Plus set its rates?
Rates are reviewed by the GE Interest Plus Committee and may be reset on a weekly basis.
How is yield calculated?
Yield reflects the annual rate of return on your investment. It assumes that interest is accrued and compounded daily and posted monthly, and that there are no additional investments or redemptions.
How is Interest accrued and paid?
Interest on the GE Interest Plus Notes will accrue and compound daily. Interest will be credited and automatically reinvested in additional GE Interest Plus Notes monthly.
What is the minimum initial investment?
The minimum initial investment is $500.
What if my investment amount falls below the required minimum?
The required minimum investment is $500. If your investment falls below the required minimum you will be notified in writing and will be provided with at least 30 days in which to increase your balance to the requirement. If you do not do so, your investment may be fully redeemed. Upon such redemption, a check for the redemption amount will be mailed to the registered address of record.
Will the interest I earn be taxable?
Yes. Interest earned on your GE Interest Plus investment will constitute income to you and is taxable in the year in which it is earned. Interest income is subject to federal and applicable state and local taxes.
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Why do you pay a lower rate for investments that are greater than $5 Million?
The rate paid to investments greater than $5 million is designed to encourage investors to maintain investments below $5 million and the reduced rate only applies to that portion of your investment that is greater than $5 million.
What if I have questions about my investment?
For up-to-date information about your investment or current GE Interest Plus rates, you may login to eService or call our automated telephone service at 1-800-433-4480, 24 hours a day, 7 days a week. Customer Service Representatives are also available at this number, business days, from 8:00 a.m. to 7:00 p.m. Eastern Time.
How do I invest in GE Interest Plus?
To invest, you will submit your application online. For individuals, joint tenants and custodial investors, your application will be reviewed online in real time. if your application is approved, you will have the opportunity to fund your investment either through electronic transfer from a linked bank account or by mailing in a check. For trust investors, you will submit your application online and then mail in supporting documentation along with your check to fund your investment.
Can I apply for an investment if I do not have a Drivers License?
Yes. If you do not have a Drivers License, you may apply as long as you have a valid, non-expired State ID.
What types of checks will you accept for investment?
Your investment check must be drawn on a U.S. bank or a U.S. branch of a foreign bank. Funds must be in U.S. dollars. Cash, money orders, travelers checks, starter checks, cashiers checks, credit card checks, foreign checks and third party checks are not acceptable. Your check must be made payable to GE Interest Plus or the registered investors of the GE Interest Plus Investment. Initial investment checks must be made out to GE Interest Plus.
How do I add to or redeem from my investment?
The easiest way to invest more or redeem a portion of your investment is by linking an external bank account and electronically transferring funds to and from your linked bank account. Such transactions may be done on a one-off basis or you may set up automatic monthly investment or redemption transactions. Other ways to invest include mailing in a check, wiring in funds, payroll deductions, authorizing Social Security to deposit your monthly payments, and authorizing automatic monthly transfers from a linked bank account. In addition to requesting an electronic redemption transfer to your linked bank account, you may redeem through check writing (if you are enrolled and maintain a signature card on file) and the Wire Redemption Service (if you are enrolled).
Can I redeem my investment at any time?
Yes, you can do so at no charge by simply writing a check ($250 minimum), transferring money to a linked bank account through electronic transfer or enrolling in the Wire Redemption Service option (subject to a $1,000 minimum wire amount and a $25 wire fee).
Are there any penalties for redeeming funds?
No. You have unlimited access to your investment if the funds are available for redemption. If you write a check under the $250 minimum or redeem funds using the Wire Redemption Service, requirement, however, you may be assessed a fee as described in our prospectus and supplements.
What type of bank account can I link to my GE Interest Plus investment?
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The bank account you link to your investment must be a U.S.-based bank checking or savings account. You may link a bank account to your investment when you apply online and may subsequently add additional linked bank accounts or change your linked bank accounts through our eService website.
Can I link more than one bank account to my GE Interest Plus investment?
Yes, you may do so if you are enrolled in eService and link your bank account through the eService website.
When are invested funds available for redemption?
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Investment Method |
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Available for redemption |
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Initial investment (new investments) |
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7 business days after credit date |
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Mailed investment check |
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7 business days after credit date |
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Wired investment |
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1 business day after credit date |
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Automated Clearing House (electronic transfer) |
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1 business day after credit date |
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GE Employee Payroll Deduction |
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1 business day after credit date |
How safe is my investment?
GE Interest Plus is an investment in the senior unsecured corporate debt of General Electric Capital Corporation. GE Interest plus is not an obligation of or guaranteed by General Electric Company, BNY Mellon (our Agent Bank), GE Capital Bank, GE Capital Retail Bank or any other company. The Notes are not equivalent to a deposit or other bank account and are not subject to the protection of the Federal Deposit Insurance Corporation or any other insurance. The Notes are not a brokerage account with GE Capital Markets, Inc. or any other broker-dealer and are not protected by the Securities Investor Protection Corporation under the Securities Investors Protection Act of 1970. The Notes are also not a money market fund and are not subject to the requirements of the Investment Company Act of 1940 or the Employee Retirement Income Security Act of 1974, as amended. Please review our prospectus and supplements before you invest.
Is GE Interest Plus FDIC Insured?
No. GE Interest Plus is not an FDIC-insured bank deposit or certificate of deposit. It is an investment in the senior unsecured corporate debt of General Electric Capital Corporation.
Do I pay any sales or management fees?
No. There are no sales or management fees.
Are there maintenance or other fees?
There are no regular maintenance fees. Fees assessed are for wire redemptions, stop payment requests, checkbook reorders and other items outlined in our prospectus and supplements.
When will I know that my investment has been established?
When you open your investment online, you will be provided with welcome information on screen and can download your welcome kit once your investment has been established. You will also be notified that your investment has been opened through a
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confirmation statement mailed to you. Please note that there may be instances where we require additional information to validate your identity before we open your investment account. If that is the case, there may be a delay in the establishment of your investment.
How often will I receive statements?
You will be emailed a statement notification or mailed a statement monthly. If you do receive your statements online, youll have access to 24 months of historic statements on our eService website.
When will I receive my 1099-INT Form?
GE Interest Plus will mail you your 1099-INT Form in January of each year following the reporting year.
What are the types of investment accounts that I can open?
GE Interest Plus opens individual investments, joint investments, Uniform Gifts to Minors or Uniform Transfer to Minors investments (UGMA or UTMA) and trust investments. Trust applications will not be accepted from any trust that is an employee benefit, retirement, or deferred compensation plan.
What is required to open a Trust Investment?
After you submit your application electronically only, you must mail in a completed and signed Trustee Certification and Agreement, IRS Form W-9, and the first two pages and the signature page of the trust agreement along with your check for $500 or more to fund your investment. Make sure the name of the trust, the date the trust was established and the name of the trustee (and cotrustee if applicable) appear on the pages of the trust agreement you send in.
What is a Uniform Gift to Minors Account?
The Uniform Gift to Minors Act (UGMA) or the Uniform Transfers to Minors Act (UTMA) is a type of custodial account for children. Most states have adopted one form of these uniform acts as a means of transferring ownership of property to children. The Acts allow a person to fund an investment for a child, but limit that childs access to the investment until the child reaches the age of majority. The age of majority is set by state law and typically ranges from 18 to 21. The child is the investment owner, but the parent (or other adult) is named as custodian. The custodian controls the investment until the child is no longer a minor. At that point, the custodial relationship ends and the child controls the investment.
Can I establish an investment account with an address outside the United States?
No. GE Interest Plus Notes are issued only in the United States. GE Interest Plus is available only to individuals who have an established residence in the U.S.
Can I have my mail sent to an address outside the United States?
No.
Does GE Interest Plus offer IRAs?
No. GE Interest Plus is not a retirement investment vehicle.
What are the mailing addresses for GE Capital Invest Direct/GE Interest Plus?
For financial items (checks)
GE Capital Invest Direct
GE Interest Plus
PO Box 534020
Pittsburgh, PA 15253-4020
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For Letters/Correspondence:
GE Capital Invest Direct
GE Interest Plus
PO Box 534021
Pittsburgh, PA 15253-4021
For overnight mail:
GE Capital Invest Direct
GE Interest Plus
Room 154-0510
500 Ross Street
Pittsburgh, PA 15262
How do I invest by wire?
If you have an investment, you may wire funds to your investment with the following instructions:
GE Interest
Plus, BNY Mellon, Pittsburgh, PA
ABA # 043000261
Investment Account #: Your 14-digit GEIP Investment Account Number
You will likely be charged a wire fee by the originating bank. Your funds will be invested and you will begin earning interest on the same business day we receive the wire. Please be advised that our agent bank has a different routing number for Automated Clearing House transactions (electronic transfers). Make sure you use the wire routing number listed above for wire transactions.
How can I manage my investment via the Internet?
Once you receive your investment number, you will be able to manage your investment online through GE Capital Invest Direct eService. If you open your investment online you will register for eService during your application process and complete your registration process after your investment has been opened successfully. With eService youll have fast, safe, and easy access to your investment anytime, anywhere and be able to conveniently manage your investment online:
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Transfer money between your investment and a linked bank account |
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Add or change a linked bank account |
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Update your profile |
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View all of the GE Interest Plus investments associated with your Social Security number from one log-in |
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View transactions, check images and statements. |
How secure is my information online?
To ensure security, we encrypt all information between your PC and GE Interest Plus using secured browsers and 128bit encryption technology.
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Dated August 13, 2012 |
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Registration Statement No. 333-182527 |
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Dated August 13, 2012 |
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