A leaked internal Best Buy document (via TechnoBuffalo) informs us of an upcoming promotion that will allow customers to trade any working smartphone for a $100 off the purchase of either an iPhone 5c or iPhone 5s with 2-year activation. If you go to any Best Buy Mobile starting this Sunday, October 13th, they will offer a $100 Best Buy Gift Card for your working smartphone. This is provided your phone is in good working order and it is undamaged (no cracked screens or liquid damage).
This is the latest in a push to sell more iPhones by offering deep discounts. The current iPhone 5c deal allows customers to receive an instant $50 Best Buy gift card, effectively bringing the out-of-pocket price down to $50. Since then, we’ve seen Walmart undercut them, offering it for $45. By accepting any smartphone, this essentially allows customers to trade in a phone with little or no value, but receive a $100 discount. It seems we’ve reached that free mark, at least with regards to the iPhone 5c.
The iPhone 5s is also included in this offer, but even Apple has had a difficult time keeping it in stock. Customers can still take advantage of this offer, by securing a reservation for the iPhone 5s during the promotional period. You can walk into to any Best Buy and get a reservation for an iPhone 5s for as low as $99. That’s a wicked deal.
The Best Buy $100 gift card promotion runs from Sunday, October 13th through Saturday, October 19th. If you are in the market for either of the new iPhones and have an old smartphone lying around, you’d be hard-pressed to find a better deal.