The Korean company announced today that it will launch a new trade-in program that doesn’t require the purchase of a new handset. The “Galaxy Easy Compensation” scheme will pay Korean Galaxy phone owners money for their old device, with values fluctuating depending on the condition. Crucially, no purchase of a new phone is needed.

Samsung has announced a new trade-in program for Galaxy devices that gives you access to trade in benefits without forcing you to buy a new phone.

Samsung’s current sale is the holy grail of promotions, combining enhanced trade-in prices and money off the device’s headline price. As it stands, buyers can get a straight $250 off the Galaxy S24 Ultra and a further $100 off in select colors (green, blue and orange). A total of $350 off the smartphone.

Samsung is about to announce a range of new phones next week, and you can get a discount on one if you register your interest now. When Galaxy Unpacked airs on Wednesday, Jan. 22, Samsung is widely expected to announce the Galaxy S25 series of flagship smartphones.

Samsung announced a new Galaxy Trade-In Program a few days before the big Galaxy S25 launch event, which is great news for loyal customers.