Apple is trying to incentivise people to jump in and snag a new iPhone XR or iPhone XS by offering extra trade-in credit towards the purchase of one of its latest devices. The new iPhones are quite expensive, so getting some extra money towards one can make it worthwhile.

The extra trade credit only applies to iPhone 6 or newer devices, so if you're still holding onto that iPhone 5, you're not going to get any extra money for it. However, Apple will happily recycle your older device for free.

Up to $100 Extra Trade-In Credit for a New iPhone

Every single model of iPhone from the iPhone 6 to the iPhone 8 is eligible for some extra credit. The biggest boost comes to the iPhone 6, iPhone 6s, and iPhone 6s Plus, each of which get a $100 bonus. The next tier comes to the iPhone 6 and iPhone 7, which get an extra $75 in credit. From there, the iPhone 7 Plus gets $50 extra and the iPhone 8 gets an extra $25.

It's important to note that you can only get the bonus credit if you're putting it directly towards an iPhone XR, iPhone XS, or iPhone XS Max. If you trade in your device just for Apple Store credit, you won't get the bonus money.

If you're looking to finance your phone, you can use the trade-in credit towards taxes and fees, and the remaining balance will be given as an Apple Store gift card. Unfortunately, you can't use this credit towards monthly payments, as they're managed by a third-party company and not Apple.

This Extra Trade-In Is Only for a Limited Time

This deal is only available for a limited time. However, Apple hasn't listed exactly when this deal ends, so if you're in the market for a new iPhone, you're going to want to jump on this as soon as possible, as Apple could pull the plug on it at any point in time.

If you're on the fence about getting a new iPhone, make sure to check out our breakdown of what exactly what's new with the iPhone XS and iPhone XS Max.

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