SECURITIES AND EXCHANGE COMMISSION

                     Washington, D.C.  20549


                           FORM 10-K


(Mark One)
[X]  ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
     SECURITIES EXCHANGE ACT OF 1934 
     For the fiscal year ended December 31, 1996

                               OR

[ ]  TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
     SECURITIES EXCHANGE ACT OF 1934
     For the transition period from ______ to _______

                  Commission File No. 33-97296 

              HOUSEHOLD CREDIT CARD MASTER TRUST I
     (Exact name of Registrant as specified in Department
      of the Treasury, Internal Revenue Service Form SS-4)


HOUSEHOLD FINANCE CORPORATION
(Servicer of the Trust)
(Exact name as specified in Servicer's charter)



            DELAWARE                      36-3670374             
(State or other jurisdiction of       (I.R.S. Employer
incorporation of Servicer)         Identification Number of       
                                   Registrant)


 2700 SANDERS ROAD, PROSPECT HEIGHTS, ILLINOIS         60070     
(Address of principal executive offices of           (Zip Code)
Servicer)


Servicer's telephone number, including area code  (847) 564-5000 


Indicate by check mark whether the Registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months (or
for such shorter period that the Registrant was required to file
such reports), and (2) has been subject to such filing requirements
for the past 90 days.

                         Yes   X            No _____

The aggregate principal amount of the Certificates held by non-
affiliates of the Servicer as of December 31, 1996 was
approximately $1.7 billion.
<PAGE>
INTRODUCTORY NOTE




     Household Card Funding Corporation (the "Transferor") is the
transferor under a Pooling and Servicing Agreement (the
"Agreement") dated as of December 1, 1995, by and among the
Transferor, Household Finance Corporation, as Servicer (the
"Servicer") and The Bank of New York, as trustee (the "Trustee"),
as supplemented by the Series Supplements, providing for the
issuance of Credit Card Participation Certificates (the
"Certificates"), and is the originator of the trust called the
Household Credit Card Master Trust I (the "Registrant" or the
"Trust").  

     Each Certificate represents an undivided interest in the
Trust.  The Series 1995-1 Supplement dated as of December 1, 1995,
(the "Series 1995-1 Supplement") among the Transferor, the Servicer
and the Trustee created a Series of Investor Certificates
designated as Household Credit Cared Master Trust, Series 1995-
1;consisting of two classes; a senior class designated as Floating
Rate Class A Credit Card Participation Certificates, Series 1995-1
and a subordinated class designated as Floating Rate Class B Credit
Card Participation Certificates, Series 1995-1.  In additional,
there is a Seller Certificate outstanding representing an undivided
interest in the Trust that is not otherwise represented by the
Series 1995-1 Investor Certificates.  The Registrant has prepared
this Form 10-K in reliance upon various no-action letters issued by
the Securities and Exchange Commission (the "Commission") to other
trusts which are substantially similar to the Trust.  Items
designated herein as "Not Applicable" have been omitted as a result
of this reliance.

<PAGE>
PART I


Item 1.   Business.

          Not Applicable.


Item 2.   Properties.

          Not Applicable.


Item 3.   Legal Proceedings.

          The Servicer is not aware of any material pending legal
          proceedings involving either the Registrant, the Trustee,
          the Seller or the Servicer with respect to the
          Certificates or the Registrant's property.


Item 4.   Submission of Matters to a Vote of Security Holders.

          No vote or consent of the holders of the Certificates
          (the "Certificateholders") was solicited for any purpose
          during the year ended December 31, 1996.




PART II


Item 5.   Market for Registrant's Common Equity and Related
          Stockholder Matters.

          To the best knowledge of the Servicer, there is no
          established public trading market for the Certificates. 
          As of January 31, 1997, there were 5 Class A
          Certificateholders and 9 Class B Certificateholders, some
          of whom may be holding Certificates for the accounts of
          others.


Item 6.   Selected Financial Data.

          Not Applicable.


Item 7.   Management's Discussion and Analysis of Financial
          Condition and Results of Operations.

          Not Applicable.
<PAGE>
Item 8.   Financial Statements and Supplementary Data.

          Not Applicable.


Item 9.   Changes in and Disagreements with Accountants on
          Accounting and Financial Disclosure.

          None.




PART III


Item 10.  Directors and Executive Officers of the Registrant.

          Not Applicable.


Item 11.  Executive Compensation.

          Not Applicable.


Item 12.  Security Ownership of Certain Beneficial Owners and
          Management.

          The following table sets forth (i) the name and address
          of each entity owning more than 5% of the outstanding
          principal amount of the Class A or the Class B
          Certificates; (ii) the principal amount of Certificates
          owned by each and (iii) the percent that the principal
          amount of Certificates owned represents of the
          outstanding principal amount of the Class A or the Class
          B Certificates.  The information set forth in the table
          is based upon information obtained by the Servicer from
          the Trustee and from The Depository Trust Company as of
          January 31, 1997.  The Servicer is not aware of any
          Schedules 13D or 13G filed with the Securities and
          Exchange Commission in respect of the Certificates.

<PAGE>
                                             Amount Owned

                                        All dollar amounts are
                                             in thousands
                                        
Name and Address                        Principal      Percent


Class A Certificateholders

Bank of New York                        $1,197,000     79.80
925 Patterson Plank Road
Secaucus, NJ 07094

Chase Manhattan Bank, N.A.              $  300,000     20.00
One Chase Manhattan Plaza
3B - Proxy Department
New York, NY  10081
<PAGE>
                                             Amount Owned

                                        All dollar amounts are
                                             in thousands
                                        
Name and Address                        Principal      Percent


Class B Certificateholders


Bankers Trust Company                   $ 16,175        7.55
c/o BT Services Tennessee Inc.
Pension Trust Services
648 Grassmere Park Drive
Nashville, TN 37211

Bankers Trust Co./Investment A/C        $ 15,000        7.00
16 Wall Street - 5th Floor
New York, Ny 10005

Chase Manhattan Bank                    $ 35,000       16.33
One Chase Manhattan Plaza
3B - Proxy Department
New York, NY 10081

Chase Manhattan Bank/Chemical           $ 32,286       15.07 
Auto Settle Department
4 New York Plaza, 4th Floor
New York, NY 10004

First National Bank of Chicago          $ 25,000       11.67
c/o ADP Proxy Services
51 Mercedes Way
Edgewood, NY 11717

Swiss American Securities, Inc.         $ 72,000       33.60
c/o ADP Proxy Services
51 Mercedes Way
Edgewood, NY 11717


Item 13.  Certain Relationships and Related Transactions.

          None or Not Applicable.


<PAGE>
PART IV

Item 14.  Exhibits, Financial Statement Schedules, and Reports on
          Form 8-K.

          (a)  List the following documents filed as a part of the
               report:

               (1)  Financial Statements

                    Not Applicable.

               (2)  Financial Statement Schedules

                    Not Applicable.

               (3)  The Servicer is obligated to prepare
                    an Annual Statement to Certificateholders for
                    the year 1996, and Independent Public
                    Accountants are required to prepare an Annual
                    Servicing Report pertaining to the compliance
                    of the Servicer with its servicing obligations
                    pursuant to the Agreement.  Copies of said
                    documents are or will be filed as exhibits to
                    this Form 10-k when they are available.

          (b)  The Registrant filed the following current reports
               on Form 8-K for the fourth quarter of 1996:

               Date of Reports               Items Covered        

               October 15, 1996    Item 7 -- Statement to 
               November 15, 1996   Certificateholders with respect
               December 16, 1996   to distributions made on
                                   October 15, 1996, November 15,
                                   1996 and December 16, 1996.

          (c)  Exhibit 99.  Copy of Annual Statement to
               Certificateholders for the year 1996.

          (d)  Not Applicable.


<PAGE>
SIGNATURES




     Pursuant to the requirements of Section 13 or 15(d) of the
Securities Exchange Act of 1934, the Servicer has duly caused this
report to be signed on behalf of the Household Credit Card Trust
1995-1 by the undersigned, thereunto duly authorized.




                          HOUSEHOLD FINANCE CORPORATION,
                         as Servicer of and on behalf of the

                          HOUSEHOLD CREDIT CARD TRUST 1995-1
                                    (Registrant)




Date:  February 17, 1997      By:John W. Blenke              
                                 John W. Blenke
                                 Assistant Secretary

















U:\WP\HFS088\95-10K\CC95-1
<PAGE>
                          Exhibit Index

Exhibit No.    Exhibit                                 Page No.

99             Copy of Annual Statement to 
               Certificateholders for the year 
               ended December 31, 1996.