It’s a third party that does the “trade-in”, which is really no better than a pawn shop. https://old.reddit.com/r/Costco/search?q=Phobio&restrict_sr=on&include_over_18=on Answer from UncleNedisDead on reddit.com
🌐
Costco
costco.com › home › phobio
Trade-In Program powered by Phobio
Select your device model, answer a few questions on its current condition and you get a quote on its trade value.
🌐
Costco
costco.com › home › electronics › wearable technology › smart watches › apple watch
Apple Watch | Costco
Trade In Your Apple Watch · and Receive a Costco Shop Card · Trade In Apple Watch* *Online-Only · Shop All Apple Products · Shop Now · Apple Watch Series 11 · Apple Watch SE 3 · Apple Watch Ultra 3 · Compare Apple Watch Models · Filter · DeliveryShow Out of Stock Items ·
Discussions

Why does Costco offer "FY" Apple trade in values?
Posts that do not follow r/Costco subreddit rules MAY be subject to removal. Reminder: No vague or non-descriptive post titles, this includes questions. When applicable, please make sure that you're using a descriptive post title with product name(s) and/or exact question mentioned as it yields better subreddit search results. Including item number, price, and approximate location where found is also helpful as availability can vary. I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns. More on reddit.com
🌐 r/Costco
66
55
September 15, 2024
can i exchange a apple watch from costco … - Apple Community
I bought an Apple Watch at Costco. More on discussions.apple.com
🌐 discussions.apple.com
February 5, 2024
Does Costco take trade-ins on Apple Watches?
Just go through Apple. The pain in the ass of working through Phobio or otherwise isn’t worth $20 if you’re wanting to do a trade in. More on reddit.com
🌐 r/Costco
6
0
June 16, 2022
Should I use Costco's Phobio to "Trade in your Apple Device"?

Well, why not just go through the process of trying both and see who will give you more money...?

More on reddit.com
🌐 r/Costco
11
1
May 31, 2019
🌐
Phobio
trade.phobio.com › costco
Costco's trade-in program
Get more for your used desktops, laptops, tablets, smartphones and wearables through our hassle-free trade-in program powered by Phobio. See how much your device is worth today!
🌐
Reddit
reddit.com › r/costco › why does costco offer "fy" apple trade in values?
r/Costco on Reddit: Why does Costco offer "FY" Apple trade in values?
September 15, 2024 -

Bought an Apple Watch SE 3.5y ago (from Costco), it's been good but the battery is on it's last legs.

Look at Costco and I can get a Series 10 42mm for $389. "Your trade in could be up to $200"... I know that isn't mine, but try anyway, and even though my watch meets all of Apple's standards, they say "up to $5" trade in value.

I go over to Apple's web site and while the Series 10 42mm is $399, they offer me $55 trade in.

I'm surprised that Costco even says "yeah we'll take it" at that point, it seems insulting. Had they told me it isn't worth anything I would understand, but offering me "up to $5" just seems strange.

🌐
Costco
costco.com › home › apple products
Apple Products
October 16, 2025 - Apple Watch · iPhone · Audio · Apple TV 4K · HomePod · Accessories · AppleCare+ Trade in your Apple Device · and Receive a Costco Shop Card · Trade in: Online-Only ·
🌐
iDrop News
idropnews.com › how-to › you-can-trade-your-apple-device-for-a-costco-gift-card › 229492
You Can Trade Your Apple Device for a Costco Gift Card!
November 6, 2024 - Today, we discovered yet another alternative to Apple’s traditional trade-in approach. You can trade in your device via Costco.com in exchange for a Costco gift card!
🌐
Apple Community
discussions.apple.com › thread › 255459722
can i exchange a apple watch from costco … - Apple Community
February 5, 2024 - Apple Trade In - Apple (UK) if you are talking about under warranty · then check · Check Your Service and Support Coverage - Apple Support · Reply · Link · This thread has been closed by the system or the community team. You may vote for any posts you find helpful, or search the Community for additional answers. can i exchange a apple watch from costco at apple ·
Find elsewhere
🌐
Phobio
phobio.com › solutions › costco
Retail Trade-In - Phobio Device Trade-In
May 17, 2024 - Costco members begin by receiving an instant quote for their Apple devices, smartphones, and tablets through an online evaluation tool. Once they accept the offer, Phobio sends secure packaging materials directly to their home.
🌐
Fox Business
foxbusiness.com › lifestyle › missed-holiday-sales-costcos-electronics-trade-in-program-can-provide-extra-shopping-cash
Missed the holiday sales? Costco's electronics trade-in program can provide extra shopping cash
The Costco-Phobio program will take a slew of Apple phones, laptops, tablets, smartwatches, desktops, displays and media players, according to Phobio’s website. It is also open to some devices from other brands. Things like the type of electronics and its age factor into the trade-in value.
Published   December 4, 2024
🌐
Costco
costco.com › home › electronics
Electronics | Costco
Our large inventory of mobile smartphones includes, 5G phones, Galaxy phones from Samsung, Apple iOS devices like the popular iPhone, as well as unlocked cell phones—all from providers like Verizon, AT&T, Sprint, and T-Mobile. We carry prepaid cell phones for kids and flip phones for seniors, as well as power banks and wireless charging stations. I you’re looking for smart watches that let you place phone calls and receive messages, we have those too.
🌐
AS USA
en.as.com › as usa › latest news › here’s how to trade in your old electronic devices for a costco gift card
Here’s how to trade in your old electronic devices for a Costco gift card - AS USA
August 24, 2024 - You'll receive either the Costco Shop Card or a digital Costco Shop Card loaded with the trade-in value. The program currently accepts used Apple devices, including phones, laptops, tablets, smartwatches, desktop computers, displays, and media ...
🌐
Yahoo!
yahoo.com › lifestyle › articles › boost-budget-costco-trade-program-120000194.html
Boost Your Budget With This Costco Trade-In Program
July 22, 2025 - Many people may not know, but Costco has an Apple device trade-in program. This program, powered by Phobio, turns your outdated Apple devices into a brand new Costco Shop Card. The Costco Shop Card is simple but effective.
🌐
Costco
costco.com › home › shop at&t
Shop AT&T | Costco
See tradein.att.com for terms and to check if your device is eligible. Limitations and Restrictions: The offer is limited to one trade-in per qualifying purchase and one credit per line. It may not be combinable with other offers, discounts, or credits. Purchase, financing, other limits & restr’s ...
🌐
The Krazy Coupon Lady
thekrazycouponlady.com › tips › money › costco-trade-in
Costco Trade-In: How It Works (And How Much You Get) - The Krazy Coupon Lady
March 12, 2024 - Officially called the "Costco Trade Up" program, this online process lets you responsibly recycle your old devices and get paid in the form of a Costco Shop Card, which you can use for more purchases throughout the store.
🌐
Costco
costco.com › home › 404 - product not found
Apple Watch Series 10 (GPS) 46mm Sport Band | Costco
Item may be available in your local warehouse, prices may vary. AppleCare+ for Apple Watch available AppleCare+ not sold separately, must be purchased with a qualifying apple device at time of checkout