Optus introduces new smartphone trade-in scheme

Optus
Trade-in, but only if you lock yourself in for 24 months.

With prices for new iPhone and Samsung phones being closer to the $1000 mark, and monthly phone repayments still causing a sting to wallets, it's hard to decide what to do to get the shiny new smartphone that you want.

Optus is hoping to alleviate that problem with a new Trade In, Trade Up offer that will give you credit towards your bill when you sign up for a 24-month contract.

"Nothing like this has ever been done by an Australian telecommunications carrier," said Rohan Ganeson, managing director of sales at Optus.

"This offer puts our customers' front of mind by making it cheaper for them to upgrade and making it easier for them by saving time and hassle of selling their old phone themselves."

Eligible phones include all iPhone models from the 3S and up, as well as a number of Samsung Galaxy phones, LG Optimus phones, Nexus, HTC One range and Nokia N8. A full list can be found on Optus' site.

Phone swap

Available to new and existing customers, you can bring in your eligible old phone, some ID, and as long as it is able to power on as a minimum requirement, an Optus team member will give you a trade-in credit offer.

You'll be able to trade-in your old phone up to 7 days from when you sign your new contract, with the credit going to your next bill.

However, the website does note: "The trade-in value is only guaranteed on the same day."

This means that the trade-in value could be different at a later stage, whether it be a week or just a day later, if you don't take Optus up on their initial credit offer.

Of course, we'd suggest that before you head in to Optus, check out what other buy back sites may be offering, then seeing if Optus gives you a better deal.

You should also remember that you'll have to sign up for a 24-month contract to be able to trade-in your phone.

Latest in Phones
The Samsung Galaxy S25 Edge on display the January 22, 2025 Galaxy Unpacked event.
A fresh Samsung Galaxy S25 Edge leak hints at a 2K display and a titanium frame
Samsung Galaxy Z Fold 6 in Paris in front of the Louvre pyramid
I switched to a Samsung Galaxy Z Fold 6 five months ago and I haven’t looked back – here are five things you need to know before buying a foldable phone
iPhone 16 Pro Desert Titanium in hand
I think the rumored iPhone 17 Pro redesign looks great – but is it Apple enough?
Android 16 logo on a phone
Here's how Android 16 will upgrade the screen unlocking process on your Pixel
Apple iPhone 16 Review
New iPhone 17 report lends weight to rumors of major display and camera upgrades, and a pricey Apple foldable
Apple iPhone 16 Review
The latest iPhone 18 leak hints at a major chipset upgrade for all four models
Latest in News
Zendesk Relate 2025
Zendesk Relate 2025 - everything you need to know as the event unfolds
Disney Plus logo with popcorn
You can finally tell Disney+ to stop bugging you about that terrible Marvel show you regret starting
Google Gemini AI
Gemini can now see your screen and judge your tabs
Girl wearing Meta Quest 3 headset interacting with a jungle playset
Latest Meta Quest 3 software beta teases a major design overhaul and VR screen sharing – and I need these updates now
Philips Hue
Philips Hue might be working on a video doorbell, and according to a new report, we just got our first look at it
Microsoft
"Another pair of eyes" - Microsoft launches all-new Security Copilot Agents to give security teams the upper hand