How to Save Hundreds on Your Next Cellphone

Woman holding a cellphone and cash
Photo by ViDi Studio / Shutterstock.com

This post comes from partner site WhistleOut.com.

If you’re in the market for a new cellphone and are comparing handset prices across carriers, you could get a discount by trading in your current phone. It’s a move that could save you hundreds of dollars if you have an eligible model of a working phone.

Limited-time offers

Trade-in offers change regularly, with carriers mixing up the discounts offered and eligible phones from time to time. Here are some of the top trade-in offers available today (correct at time of publishing).

Verizon: Up to $300 off

Verizon is currently offering a $300 discount off various new smartphones when you trade in an eligible phone and activate a new line. Your discount can be applied to a new:

  • iPhone X, XR, XS, or XS Max
  • Google Pixel 3 or 3 XL
  • Samsung Galaxy Note9, S9, S9+
  • LG G7 ThinQ, V40 ThinQ
  • RED HYDROGEN

The great thing about this deal is that Verizon accepts more than 50 phone models as trade-ins, including iPhones as old as the 5s and Samsung Galaxy models as old as the S4. They also accept various Motorola, LG and HTC phones.

To be eligible, you’ll need to sign up for a monthly installment plan and your discount will be applied to your monthly bill (spread out over 24 months).

If you’re already a Verizon customer, you can still get a discount with a trade-in phone, but you’ll only get $100 off.

T-Mobile: Up to $390 off

T-Mobile has a similar deal in which you can get credits on your account when you trade in an eligible phone. You can get up to $390 off a new iPhone XR, XS or XS Max, or get up to $360 off a new Samsung Galaxy Note9, S9+, S9, S8 Active or S8.

The actual discount will vary depending on the age of your old phone. Similar to the Verizon trade-in deal, you’ll need to buy your new phone on monthly installments and your discount will be applied as monthly billing credits spread out over the life of your monthly installment plan.

Ongoing trade-in programs

In addition to limited time trade-in offers, a number of carriers have ongoing programs that allow you to trade in your phone for account credit.

Google Fi: Up to $500 in credit

With Google Fi, you can trade in an eligible phone and get up to $500 in Fi credit (or a credit card refund). Note that you’re more likely to receive around $300 in credit for your trade-in device, unless it’s an iPhone X.

The good thing about Google Fi’s offer is that you can trade in the phone even if the screen is cracked or doesn’t work, although that will reduce the value. If your phone won’t turn on however, Google Fi won’t accept it for trade-in credit.

Sprint, AT&T and Verizon trade-in programs

Sprint, AT&T and Verizon all have their own trade-in programs that allow you to swap an eligible device at any time in exchange for account credit. The value of your phone will depend on the phone’s model and memory capacity. Here’s an example of what you’ll get back if you trade certain cellphones to Sprint:

  • iPhone 7 32GB: $125
  • iPhone X 64GB: $385
  • Samsung Galaxy Note8: $215
  • Samsung Galaxy S8 Plus: $185

Sprint and AT&T will credit your account with the trade-in value of your phone, which you can use to pay your phone bill or buy accessories for your phone or tablet (AT&T customers only).

If you’re a Verizon customer, you can request your trade-in value to be credited to your PayPal account or get a Verizon gift card. You’ll receive your credit or gift card within one to two billing cycles after Verizon has received your trade-in cellphone.

More from WhistleOut.com:

How to find cheaper car insurance in minutes

Getting a better deal on car insurance doesn't have to be hard. You can have The Zebra, an insurance comparison site compare quotes in just a few minutes and find you the best rates. Consumers save an average of $368 per year, according to the site, so if you're ready to secure your new rate, get started now.

Read Next
The Worst Nursing Homes in America Are Revealed
The Worst Nursing Homes in America Are Revealed

The nursing homes with a history of providing subpar care previously hadn’t been identified for a government list.

7 Tricks to Cleaning Your Bathroom in Minutes
7 Tricks to Cleaning Your Bathroom in Minutes

These tips can get your bathroom sparkling with little time and no elbow grease.

17 Unusual Things You Can Clean in a Dishwasher
17 Unusual Things You Can Clean in a Dishwasher

Many everyday items do not require meticulous hand washing.

Never Buy These 19 Things Online
Never Buy These 19 Things Online

The internet has changed how we shop. But for many things, you’re still better off buying the old-fashioned way.

10 Expenses You Should Not Put on a Credit Card
10 Expenses You Should Not Put on a Credit Card

Sometimes it’s simply safer to keep the plastic tucked away.

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Most Popular
This Gas Station Scam Is Victimizing More Drivers
This Gas Station Scam Is Victimizing More Drivers

For the second straight year, a growing number of Americans believe they’ve fallen prey to this scam.

7 Ways to Boost Your Credit Score Fast
7 Ways to Boost Your Credit Score Fast

Your financial security might soon depend upon the strength of your credit score.

This Is the Most Popular Age for Claiming Social Security
This Is the Most Popular Age for Claiming Social Security

Both men and women are most likely to start receiving Social Security benefits at this age.

Could You Give Up These 7 Expenses to Save Thousands of Dollars a Year?
Could You Give Up These 7 Expenses to Save Thousands of Dollars a Year?

You could save more than $30,000 by setting aside these costly expenses for just one year.

6 Things You Should Never Buy at Trader Joe’s
6 Things You Should Never Buy at Trader Joe’s

We love Trader Joe’s for plenty of reasons. But think twice about this handful of products.

7 Unusual Ways to Declutter Your Home
7 Unusual Ways to Declutter Your Home

Tired of possessions weighing you down? Here are seven ways to declutter painlessly and effectively.

Don’t Toss These 7 Household Items — Sell Them
Don’t Toss These 7 Household Items — Sell Them

Here’s how to earn cash as you give new life to these unwanted items.

6 Legal Documents Retirees Need — but Don’t Have
6 Legal Documents Retirees Need — but Don’t Have

Few retirees have these documents that are crucial to their golden years — especially during a pandemic.

19 High-Paying Jobs You Can Get With a 2-Year Degree
19 High-Paying Jobs You Can Get With a 2-Year Degree

These jobs pay more than the typical job in the U.S. — and no bachelor’s degree is required.

Eat This Food If You Want to Avoid Alzheimer’s Disease
Eat This Food If You Want to Avoid Alzheimer’s Disease

One type of food associated with the Mediterranean diet offers especially large benefits.

11 Expenses That Quietly Drain Your Wallet
11 Expenses That Quietly Drain Your Wallet

It’s scandalously easy to overspend in these areas of your life.

The 15 Worst States for Retirees in 2020
The 15 Worst States for Retirees in 2020

Based on dozens of metrics tied to affordability, quality of life and health care, these are not ideal places to spend retirement.

21 Things You Should Always Buy at a Dollar Store
21 Things You Should Always Buy at a Dollar Store

Dollar stores have great bargains on both everyday and occasional purchases.

9 Dumb Ways You Are Ruining Your Home Value
9 Dumb Ways You Are Ruining Your Home Value

Homeowners, beware these mistakes that can drive away potential buyers.

18 Amazon Purchases That We Are Loving Right Now
18 Amazon Purchases That We Are Loving Right Now

These practical products make everyday life a little easier.

3 Ways to Get Microsoft Office for Free
3 Ways to Get Microsoft Office for Free

With a little ingenuity, you can cut Office costs to zero.

7 Tips for Building an Emergency Stockpile
7 Tips for Building an Emergency Stockpile

A pandemic or natural disaster could leave you reliant on your existing food supply. Is your pantry prepared?

15 Outrageously Overpriced Products — and How to Save on Them
15 Outrageously Overpriced Products — and How to Save on Them

Retailers mark up products by hundreds of times their cost — but you don’t have to pay the premium.

Why Half of Retirees Now Owe Taxes on Social Security
Why Half of Retirees Now Owe Taxes on Social Security

Growing numbers of seniors are paying taxes on their Social Security benefits, but you might be able to avoid this fate.

View More Articles

View this page without ads

Help us produce more money-saving articles and videos by subscribing to a membership.

Get Started

Add a Comment

Our Policy: We welcome relevant and respectful comments in order to foster healthy and informative discussions. All other comments may be removed. Comments with links are automatically held for moderation.