Looking to dump that iPhone 4S ahead of the release of the iPhone 5? You could go to Amazon, which will give up over $400 (depending on condition and type). The only caveat with Amazon’s trade-in program is it gives you money back in Amazon gift cards, which cannot be used on Amazon Wireless meaning you cannot put them towards a new iPhone (unless you buy from a third-party retailer who will likely charge you a premium). If you would like a reliable way to offload your iPhone 4S (or any other iPhone, iPad, or Mac for that matter) and be able to put the buy back money towards a new iPhone 5 (or a new iPad), Apple is more than happy to oblige.

Through Apple’s Reuse and Recycle program everyone can trade-in their used iPhone, iPad, or Mac and receive Apple gift cards in return. If you are interested in purchasing a new iDevice, then Apple gift cards are ideal. (Unfortunately it looks like this program is USA only.)

As already mentioned, Apple takes in any iPhone models so you don’t necessarily need an iPhone 4S. You are asked to select the iDevice that you have then answer a few questions regarding the condition of the device before you are given an estimate on what you will get back. Depending on the model and condition, Apple will give you up to $345.

For a working 16GB iPhone 4 with fully-chargeable battery, no cracks, no scuffs, and no water damage Apple will give you $170. For a working 16GB iPhone 4S with fully-chargeable battery, no cracks, no scuffs, and no water damage Apple will give you $285. If you have a 32GB/64GB iPhone 4S in the same conditions as just mentioned, you will get $330 and $345 respectively.

If your iPhone has some sort of damage to it, the amount Apple will give you decreases. For example, a working 16GB iPhone 4S with fully-chargeable battery, no cracks, and no water damage but yes scratches/scuffs will net you $235. While $235 isn’t as high as you could get other places, it is high enough to offset that subsidized cost you might have paid for the iPhone 4S.

The best part? You don’t even have to pay for shipping or packaging — both are provided to you by Apple. So, are you ready to make the dive? Hit the link below to get started.

Apple Reuse and Recycle homepage