Costco Launches Electronics Trade-In Program

Members can now exchange old devices for Costco gift cards.

Mar. 30, 2026 at 6:13am

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Costco has expanded its partnership with Phobio to offer an online trade-in program that allows members to recycle their old electronics in exchange for Costco gift cards. The program, which launched in 2019, makes it easy for Costco shoppers to responsibly dispose of unwanted devices while earning store credit.

Why it matters

This initiative aligns with Costco's commitment to sustainability and providing value-added services for its loyal membership base. By incentivizing electronics recycling, Costco is making it simpler for consumers to adopt more eco-friendly habits while also driving additional in-store traffic and sales.

The details

Through the online trade-in portal, Costco members can receive quotes and ship their old smartphones, tablets, laptops, and other electronics to Phobio for evaluation. Depending on the device's condition, customers will then receive a Costco Shop Card in the corresponding amount, which can be used towards future purchases at any Costco location.

  • Costco's online trade-in program launched in partnership with Phobio in 2019.
  • The program was expanded in March 2026 to include a wider range of eligible electronics.

The players

Costco

A membership-only warehouse club that provides a wide selection of merchandise and offers a variety of member services.

Phobio

A technology company that specializes in device trade-in and recycling solutions for retailers and consumers.

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What they’re saying

“We're excited to offer our members an easy way to responsibly recycle their old electronics while also getting value back in the form of Costco store credit.”

— Craig Jelinek, CEO, Costco

The takeaway

Costco's new electronics trade-in program demonstrates the company's commitment to sustainability and providing added convenience for its members. By incentivizing device recycling, Costco is making it simpler for consumers to adopt eco-friendly habits while also driving additional in-store traffic and sales.