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Verizon is offering up to $300 in credit when you trade in your old phone

Verizon Wireless has launched another one of its trade-in promotion offers. Customers can bring in their older phone and get up to $300 in credit toward the purchase of a new phone.

The offer is for customers who are switching to Verizon, or current ones who are either upgrading or adding a new line to their service. The deal even includes older phones that have a cracked screen. Verizon says (opens in new tab):

Trading in your phone is simple. The fastest way to score these savings is by visiting a Verizon store with on-the-spot credit for your trade-in. At Verizon stores, you can receive the immediate value when you trade in your smartphone in good, working condition and apply that value immediately as a down payment toward your new smartphone. Or you can also enjoy a Verizon account credit or gift card.

The trade-in can also be completed online at Verizon's website (opens in new tab). The new phones that are eligible to be purchased with the trade in credit include the HTC 10, LG G5, Samsung Galaxy S7, Samsung Galaxy S7 edge, Samsung Galaxy Note 5, Motorola Droid Turbo 2 or Motorola Maxx 2. The offer will be available for a "limited time" but no specific deadline was revealed.

36 Comments
  • So no trade in on buying a phone outright?
  • Is there ever a promotion that includes buying a phone at full retail? Rhetorical question...the answer is no. Posted via the Android Central App
  • The biggest thing here is "up to 300.". A vast majority of the phones will be no where close to this and will instead hover around the $50-$100 area. Only the newer, high end phones will fetch $300. It's a clever marketing technique for sure, but sadly not realistic. Posted via the Android Central App
  • This. Posted via the Android Central App
  • That Posted via the Android Central App
  • Thot Posted via the Android Central App
  • Oh u know it. The only phone you're getting 300 for is the note 7 Posted via the Android Central App
  • Yep, you know they will find something wrong with a phone even if you send it in mint condition.
  • When I got my HTC 10 on the payment plan, they offered $312 trade-in on my 1-1/2 year old Turbo 1, that's pretty darn good. Posted via the 10
  • I wonder if you can use that credit to pay off your current phone and get a new one??.... Posted via the Android Central App
  • Lame. I put my (Verizon) HTC One M7 in - still perfectly functional, as good as the day I got it three years ago - and they offered $10.00.
  • What did you expect with a phone that old O_o Honestly, let's be realistic here... Posted via the Android Central App
  • Well, more than $10. Old doesn't matter if it can still handle current apps.
  • Yup, my daughter has my old S3 as a "WiFi device" and it can still play any game.
  • For shiggles I did my T-Mobile HTC 10. $54. GFY VZ.
  • $30, for my SIII Posted via the Android Central App
  • But then I would have a phone with Verizon bloat ware (I know, most consumers don't know or care, this is an enthusiast site and we know about "carrier unlocked" phones, lots of folks want a payment plan, etc.). Posted from my XT1575
  • Imagine how much you're overpaying Verizon if they can drop this much. I know, they make it in volume.
  • I don't see How I'm "overpaying" as phones are pretty much almost universally the same price. As for rates, I currently pay $180'ish and have 5 devices with 36GB Data (thanks to an awesome double data Promo a month ago, without it will be 18GB. We never use more than 8 COMBINED anyway as work, we all prefer big screen TV's over phone screens lol and have WiFi of course)
    I remember paying $200 for just two lines back when Sprint had Unlimited with their s#!tty WiMAX network (It was $99 for first line & $89 for second for unlimited I believe). So nothing has changed for me price-wise in almost 2 decades , and I have more lines now.. Hardly overpaying, compared to the competition.
  • I average about $12 to $13/month per line, so about a third.
  • So either not a US company, or some 3rd rate company like LycaMobile?... Even common pre-paid is more than that here...
  • Haha; one of the highest rated companies in the US: https://www.androidcentral.com/e?link=https2F2Fcli...
  • If it works for you and you don't use much data, I'll admit it's a good deal. I'm a comfort person, I rather pay the same amount every month, without a thought lol. I like to have 4G cranking in the car on long road trips, hotspot while camping and at hotels, and just knowing I can order any device like my "connected watches". However, At 8 GB (average usage for me) & 5 Devices,, it's still not much cheaper, especially if you get to 36 GB data :)
  • If you need to be moving that much data to mobile devices every month, consider investing in a microSD card for the bulk. Our music playlists are on the device, along with videos for trips. Even then, we almost always have access to WiFi, so almost all of our data gets refunded each month. The newer plans and phones won't have refundable data, but even the $20/month plan will have more than we normally use because of WiFi availability and local content.
  • Kudos to you, but I couldn't use that little of data even if I tried really hard lol
  • Big deal... all the other carriers are offering something similar and the "up to" part usually makes it a worthless offer. ...Joe K.
  • Per the terms :Eligible phones for $300 trade-in value: Galaxy Note5, Galaxy S6, Galaxy S6 edge/edge+, HTC M9, iPhone 6, LG G4 and LG V10. Pretty meh in my book. Not bad I guess if you have a m9 or g4, otherwise you aren't getting much more than what you would selling them. Posted via the Android Central App
  • The g4 was listed at $91. Is $300 a promotional rate? Posted via the Android Central App
  • I got a $1 for my phone lol Posted from the Android Central App
  • I use http://www.swappa.com Posted via the Android Central App
  • Good for you. Posted via the Android Central App
  • Yep, the best. Posted via the Android Central App
  • $15 for my 8 month old Nexus 6P? Ok, you're trolling Verizon.
  • Well you know how much VZW likes Nexus lol
  • "The offer is for customers who are switching to Verizon, or current ones who are either upgrading or adding a new line to their service. The deal even includes older phones that have a cracked screen." It's my understanding that phones with a cracked screen only have that amount of trade if purchasing the Droid Turbo 2 or Maxx 2. Just thought it should be clarified. Check with a local VZW or Customer Service to verify, though. Posted via the Android Central App
  • I traded in my wife's galaxy s5 and got $150 Posted via the Android Central App