Samsung has launched a new trade-in program that gives store credit for your old phone — even if you’re not buying a new one right away. This is different from Samsung’s usual trade-in offers that are only available when purchasing a new device.
Update: U.S. trade-in values were refreshed on July 27.
The new offer is currently available in the UK and works like this:
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You can trade in your Galaxy S or Galaxy Z phone through a special online portal.
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Instead of cash, you’ll get Samsung store credit that you can use on anything they sell — and the credit will stay valid for up to five years.
If you want to trade in and buy a new phone right away, Samsung will now also accept more brands like Xiaomi, Realme, Oppo, Sony, and others. In the past, Samsung grouped most non-Apple or non-Google Android phones into one basic category with a low trade-in value, so this is a big change.
However, the trade-in values for Samsung phones under this new plan are lower than past offers. On the other hand, Apple phones are getting higher trade-in values, which is good news for iPhone users.
Here are some sample trade-in values for 512GB models:
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Samsung Galaxy Z Fold 6 – £665 ($893) (up to £735 for 1TB version)
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Galaxy S24 Ultra – £453 ($609)
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Galaxy Z Flip 6 – £402 ($540)
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Galaxy S23 Ultra – £340 ($457)
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Galaxy S22 Ultra – £216 ($290)
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Galaxy Note 20 Ultra – £181 ($243)
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iPhone 15 Pro Max – £615 ($826)
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iPhone 14 Pro Max – £455 ($611)
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iPhone 13 Pro Max – £335 ($450)
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Pixel Fold – £290 ($390)
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Pixel 8 Pro – £256 ($344)
- Pixel 7 Pro – £110 ($148)
Samsung’s Trade-In Prices Aren’t the Best Right Now
Last month, Samsung U.K. ran a promotion where trade-in values were surprisingly high—almost as good as Samsung U.S. offers. Usually, Samsung doesn’t offer good trade-in deals in the U.K. or Europe. Instead, they give free gifts like tablets, earbuds, or Chromebooks. But in June, they increased trade-in prices to the highest I’ve ever seen in the region.
Here’s how the old June prices compare to Samsung’s new trade-in prices:
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Galaxy S24 Ultra: £581 ($784) → now £453 ($609)
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Galaxy S23 Ultra: £449 ($449) → now £340 ($457)
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iPhone 13 Pro Max: £230 ($310) → now £335 ($450)
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iPhone 15 Pro Max: £500 ($675) → now £615 ($826)
As you can see, Samsung is now offering less for some of its own phones, but more for Apple devices compared to the last big promotion. It looks like the new pricing is tied to the pre-order of the Galaxy Z Fold 7, which means the trade-in values could change depending on Samsung’s current offers.
If the prices stay the same, it’s still a good way to get store credit to use later. That matters because trade-in values usually go down as phones get older or lose software updates—like what happened to the Galaxy S20 Ultra earlier this year. It’s always worth checking Samsung’s website or app, as there might be better deals available.
Update (July 27)
In the U.S., Samsung is still offering high trade-in prices even after the Galaxy Z Fold 7 pre-orders ended. Some of the current offers include:
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Galaxy Z Fold 5 – $900
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Galaxy S24 Ultra – $800
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Galaxy Note 20 Ultra – $600
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Galaxy S22 Ultra – $500
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Galaxy S21 Ultra – $400
The standout here is the $600 for the Galaxy Note 20 Ultra, which came out in 2020. You can actually buy one on eBay for under $200—so if you want a big trade-in discount and don’t already have a phone, this could be a good option.
Samsung prefers trade-ins from Galaxy phones. Apple and other Android phones don’t get great prices. For example, the iPhone 13 Pro Max gets only $300, and Google Pixel phones are even lower—except the new Pixel 9 Pro and Fold ($600). Older Pixels like the Pixel 8 Pro ($250) and Pixel 7 Pro ($150) are much less.
Published: 25th July 2025
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