Trade Unused Electronics for Free Costco Gift Cards

Costco Launches Electronics Trade-In Program, Offering Up To $1,080 For Old Gadgets

August 30, 2025

Staten Island, N.Y. – Costco Members now have a convenient way to declutter and receive rewards. The wholesale retailer has partnered with Phobio,a technology firm specializing in device trade-ins,to launch a new program that accepts a wide array of used electronics in exchange for Costco Shop Cards.

The initiative, rolling out nationwide, allows shoppers to trade in old smartphones, tablets, laptops, and even display monitors.Depending on the device’s condition and model, participants could receive anywhere from $40 to nearly $1,000 in store credit.

How The Trade-In Program Works

The process is designed for simplicity and security, according to Costco representatives. It involves a straightforward online evaluation, shipping, and payout system.

1. Get a Quote: Begin by visiting the dedicated Phobio trade-in portal. selecting your device model and answering a few questions regarding its condition will generate an instant trade-in quote.
2. shipping Materials: Upon accepting the quote, you can either print a prepaid shipping label or request a pre-packaged shipping box with instructions within three to five business days.
3. Ship Your Device: Carefully pack your device following the provided instructions, erase all personal data, and ship it to Phobio’s secure inspection facility.
4. Receive Your Costco Shop Card: Within one to two business days of inspection, you will receive a digital Costco Shop Card via email. A physical card will be mailed within seven to ten business days if preferred.

Trade-In Values: What You Can Expect

Phobio’s valuation system considers factors such as the device’s make, model, age, and current market conditions. according to Phobio, the highest trade-in values are generally offered for laptops and desktop computers. These are followed by smartphones, tablets, and display monitors.

Device Type	Estimated Trade-In Range
Laptops / Desktops	$50 – $1,080
Smartphones	$40 – $800
Tablets	$30 – $500
Display Monitors	$20 – $300

Did You No? The electronic waste (e-waste) problem is growing rapidly. According to the EPA, the U.S.generated 6.92 million tons of e-waste in 2019, and only 15% was collected for recycling.

Why Trade-In Your Old Electronics?

Beyond the financial benefit of receiving a Costco Shop Card, participating in the trade-in program supports responsible electronic waste management. By giving your old devices a second life, you contribute to reducing landfill waste and conserving valuable resources.

Pro Tip: back up all your critically important data before initiating the trade-in process. While Phobio securely wipes the data from the device, it’s always best to have a backup for peace of mind.

The Growing Trend of Device Trade-Ins

The popularity of device trade-in programs has surged in recent years as consumers become more environmentally conscious and seek convenient ways to upgrade their technology. This trend is driven by several factors, including the decreasing lifespan of electronic devices and the increasing cost of new technology. In 2023, the global refurbished smartphone market was valued at $85.85 billion and is projected to reach $123.42 billion by 2029 (Statista).

Frequently Asked Questions About the Costco Trade-In program

Are you planning to take advantage of Costco’s new trade-in program? What old gadgets are you ready to part with?

Share this article with friends and family who might be interested in decluttering and earning rewards!

What types of smartphones typically receive the highest trade-in value?

What Electronics Qualify for Trade-In?

Looking to declutter and earn a Costco gift card? Several platforms facilitate trading in your old electronics for cash – often in the form of a costco gift card. HereS a breakdown of commonly accepted devices:

Smartphones: iPhones, Samsung Galaxy phones, Google Pixel phones, and other popular brands. Condition considerably impacts value.

Tablets: iPads, Samsung Galaxy Tabs, Amazon Fire tablets.

Laptops: macbooks,Dell,HP,Lenovo laptops. Functionality and specs are key.

Gaming Consoles: PlayStation, Xbox, Nintendo Switch. Newer models and complete sets fetch higher trade-in values.

smartwatches: Apple Watch, Samsung Galaxy Watch, Fitbit.

Cameras: DSLRs, mirrorless cameras, and even some point-and-shoot models.

Headphones: Noise-canceling headphones, wireless earbuds (AirPods, Bose, Sony).

top Platforms for Trading Electronics for Costco Gift Cards

Several companies specialize in electronics buyback programs. Here are some of the most reputable options offering Costco gift cards as a payout method:

1. decluttr: A popular choice known for its ease of use. Simply enter your device details,receive an instant valuation,ship your item for free,and get paid via PayPal,direct deposit,or a Costco gift card. Decluttr frequently enough runs promotions boosting trade-in values.
2. GadgetGone: Focuses on maximizing value for your electronics. They offer competitive quotes and a straightforward process. Costco gift cards are a standard payout option.
3. ItsWorthMore: Frequently provides higher quotes than competitors, especially for newer devices. They offer a price match guarantee and Costco gift card payouts.
4. BuyMyTronics: Another reliable platform with a focus on customer service. They accept a wide range of electronics and offer costco gift cards as a reward.
5. EcoFone: Specializes in responsible electronics recycling and offers trade-in value for qualifying devices. Costco gift cards are available as a payout choice.

How the Trade-In Process Works: A Step-by-Step Guide

The process is generally similar across platforms:

1. Get a Quote: Visit the platform’s website or app and enter details about your device (model, storage capacity, condition). Be honest about the condition – accurate descriptions prevent disputes.
2. Ship Your device: If you accept the quote, the platform will provide a prepaid shipping label. Pack your device securely to prevent damage during transit.
3. Device Evaluation: The platform will inspect your device upon arrival. They’ll verify the condition matches your description.
4. Receive Your Costco Gift Card: If everything checks out, you’ll receive your Costco gift card (usually digitally) within a few days.

Maximizing Your Trade-In Value: Tips & Tricks

Assess your Device’s Condition Accurately: “Like New,” “Good,” “Fair,” and “Poor” are common condition categories. Be realistic.

Factory Reset Your Device: Protect your personal data by performing a factory reset before shipping. Remove any SIM cards or memory cards.

gather Accessories: Including original packaging,chargers,and accessories can increase your trade-in value.

Compare Quotes: Don’t settle for the first offer. Check multiple platforms to find the best price. Use comparison websites to streamline the process.

Look for Promotions: many platforms run limited-time promotions offering bonus trade-in value.

Timing is Key: Trade-in values fluctuate. New product releases often drive down the value of older models. Consider trading in before a new version launches.

Understanding Condition Grading

Accurate condition assessment is crucial. Here’s a general guide:

Like New: Device is in perfect working order with no visible scratches or blemishes.Looks and functions as if it were brand new.

Good: Device is fully functional with minor cosmetic imperfections (light scratches, small dents).

Fair: Device is functional but has noticeable cosmetic damage (important scratches, dents, screen burn-in). May have some functional limitations.

* Poor: Device has significant damage and may not be fully functional. often used for parts.