Amazon is currently running a deal where you can get up to a $500 Amazon gift card when you trade-in your Apple iPhone. The promotion works by simply going through any of the links on this page to the Amazon website. Once you’re on the trade-in page you need to select your phone and then follow the directions on the page to verify that you have the phone. Once you ship the phone and everything checks out your receive a gift card from Amazon for the decided upon value of the phone. Right now they are giving more for iPhone’s than they have before with up to $500 in credits for those trading in the iPhone 4s but still even giving $85 to those trading in the older iPhone 3G 8GB version. The phones have to be fully functional with select carriers to be available for trade. Those carriers include AT&T, Sprint, and Verizon. Find all of the current trade-in values below. No word on how long this promotion will last. This is obviously great timing for those looking to get rid of their older iPhone’s for the new iPhone 5.

Current Trade-In Values:
Apple iPhone 4S 64GB: Up to $500 credit
Apple iPhone 4S 32GB: Up to $450 credit
Apple iPhone 4S 16GB: Up to $415 credit
Apple iPhone 4 16GB: Up to $300 credit
Apple iPhone 3G 8GB: Up to $85 credit

find more trade-in’s from Amazon. Includes various other phones and carriers during this major trade-in promotion.