iPhone 5 owners looking to trade in their phone can get at least $200 from Target.
The retailer announced Friday that the current trade-in promotion applies to older iPhones as well. An iPhone 4S trade-in could net you at least $125, while the iPhone 4 could score you $75. The actual trade-in price naturally depends on the phone's condition and storage capacity.
The money comes as store credit that consumers can use to buy one of the new iPhone models or almost any product at a local Target store or on Target's Web site. Customers who own a Target REDcard can also trim 5 percent off the cost of a new iPhone or other smartphone.
However, traders can score better deals by going elsewhere.
Target works with NextWorth on its trade-in program. Directly using NextWorth typically earns you more money. For example, a 16GB iPhone 5 in working condition is worth at least $300 via NextWorth.