Apple plans to offer higher trade-in credits for old iPhones in the US and Canada, according to Bloomberg’s Mark Gurman.
While specific new credit values are not disclosed, the increased credit will be available for those trading in their devices to purchase an iPhone 15 or iPhone 15 Pro models only.
This enhanced trade-in offer, beginning Monday, May 20, will last until June 3.
It is not applicable for purchases of iPhone 14, iPhone 13, or iPhone SE models. Gurman shared on X, “Starting Monday in the U.S. and Canada, you’ll get an iPhone trade-in value boost at Apple retail stores if you use the credit towards an iPhone 15/Pro/Plus/Max.”
Currently, Apple offers the following trade-in credits:
- iPhone 14 Pro Max: Up to $630
- iPhone 14 Pro: Up to $520
- iPhone 14 Plus: Up to $420
- iPhone 14: Up to $370
- iPhone 13 Pro Max: Up to $450
- iPhone 13 Pro: Up to $370
- iPhone 13: Up to $300
- iPhone 13 mini: Up to $270
- iPhone SE (3rd gen): Up to $160
Further details about Apple’s trade-in program can be found on the Cupertino company’s website. Other retailers such as Amazon, Target, or Best Buy may offer competitive deals on iPhones.