Home > Latest News > Samsung Wants To Buy Your Old Phone Without You Buying A New One

Samsung Wants To Buy Your Old Phone Without You Buying A New One

In a significant departure from its Trade-In Program which is currently available in Australia, Samsung is reportedly rolling out a new Galaxy Easy Reward programme wherein it will buy your old phone, without requiring you to buy a new device.

The existing Samsung Trade Up allows you to return an eligible older device and get a discount towards purchasing a new Samsung device.

With the new Galaxy Easy Reward Samsung will compete with phone recycling companies and used device centres.

Currently  Galaxy Easy Reward programme is only available in South Korea starting January 14. This is believed to be a trial and if succesful will be rolled out globally.

The range of phones include the Galaxy S20, S21, S22, and S23 series, along with the Galaxy Z Fold3, Z Fold4, and Galaxy Z Fold5.

Also on the list of eligible devices is older Galaxy Z Flip3, Galaxy Z Flip4, and Galaxy Z Flip5. However, the latest Galaxy S24 series, Galaxy Z Fold6, and Galaxy Z Flip6 are not included.

 

The amount that Samsung pays for the phone depends on its condition, and the Galaxy Easy Reward system will reportedly initially provide an estimate, and will finalize the price once the device has been returned, reported Digital Trends.

It will grade phones with either “Excellent” or “Good” assuming that the phone can be resold, as well as “Recycle” meaning the phone will be broken down and some of its parts salvaged.

 

“We expect this programme to increase the long-term value of Galaxy products and contribute to the circular economy,” said Samsung Electronics’ Vice President Jung Ho-jin.

Still unclear at this point is whether Samsung will eventually expand the programme to include non-Samsung devices too.

Retailers in Australia have their own trade-in programmes. The Good Guys, for example, has a Trade-In programme wherein its trade-in partner Assurant will swap your eligible device for a trade-in eGift card to put towards the purchase of a new device or appliance. The device you hand over is , depending on its condition, either given a second life; repaired, or repurposed. If that’s not possible, it will be recycled with ISO-certified recycling partners.

The devices which The Good Guys accepts as part of the programme include Apple iPhones, iPads, Watch, as well as Samsung Galaxy devices and tablets, among other products.



You may also like
Blue OLED Technology Could Roll Out In 2026
Samsung Galaxy S25 Ultra teardown
Samsung Galaxy S25 Ultra ‘Repair Friendly’
New App Makes Samsung SmartTags Compatible With Non-Galaxy Devices
Older Samsung Units To Get One UI 7 Eventually
Tablet Market Rebounds With Apple In The Lead

Popular Posts

Worldwide Appliances Jack Up Prices Ahead Of New Outdoor Cooking Range Launch
Latest News
/
/
Seagate To Acquire Intevac In All-Cash Deal
Latest News
/
/
YouTube Shorts with Veo 2
Google Boosts Online AI Video With Veo 2
Latest News
/
/
Leaked Renders Of Samsung Budget Galaxy A36 Revealed
Latest News
/
/
French AV Brands Getting Traction In OZ Advance Paris The Latest
Latest News
/
/

Digital Magazines

Recent Post

Worldwide Appliances Jack Up Prices Ahead Of New Outdoor Cooking Range Launch
Latest News
/
//
Comments are Off
  Six months after Worldwide Appliances took on the Everdure Barbecue brand the business has announced price rises of between...
Read More