Beginning on May 20, Apple will raise the trade-in value of previous iPhone models for consumers of the iPhone 15 series at Apple retail locations.

The information was provided by Mark Gurman of Bloomberg, who also stated that the trade-in value increase will only be accessible in the US and Canada through June 3, 2024. Gurman did not disclose, though, how much additional credit Apple will give customers who trade in their previous iPhone models for the iPhone 15 series.

For an outdated iPhone 14, Apple is currently offering a trade-in credit of up to $370, while owners of an iPhone 14 Pro Max can receive up to $630. For information on Apple's credit values for previous iPhone models available in the US, see the list below.