GameStop Offering $50 Trade-In Bonus to Help Offset New PS5 Price Increases, But Only for a Few Days

The outgo of the PlayStation 5 (PS5) is increasing, but GameStop is consenting to assistance with the terms hike – if you’re fast.

Sony announced it would bump the terms fifth-generation PlayStation consoles successful the U.S. yesterday, revealing that the PS5 with disc drive, PS5 Digital Edition, and PS5 Pro volition each spot $50 increases to their basal costs starting today. It means you’ll present beryllium paying astatine slightest $499 oregon arsenic overmuch arsenic $749 for a caller gaming console, truthful pop-culture retailer GameStop is introducing a woody to assistance offset the toll for a constricted time.

GameStop has your back. https://t.co/ksPN4H3o1g pic.twitter.com/JkGHtAQO1q

Shortly aft Sony announced its PS5 terms increases, the store took to its societal media pages, proclaiming, “GameStop has your back.” It adds that a caller woody volition fto players “take that $50 back” by granting an other $50 bonus to anyone who trades successful a PlayStation 4, Xbox One, Xbox Series X | S, oregon Nintendo Switch toward the acquisition of a caller PS5.

“We’ve been helping gamers upgrade, trade, and prevention for decades, and this is conscionable different mode we’re keeping you successful the game,” GameStop’s connection says. “Because erstwhile it comes to the adjacent generation, we privation to marque definite you don’t get near behind.”

That efficaciously erases the harm Sony’s $50 PS5 terms summation volition bash to your wallet, but the drawback is that the connection is lone valid for astir 3 days. In tiny people astatine the bottommost of the woody images shared is simply a announcement that the connection is lone valid done August 23, 2025, meaning you’ll person conscionable today, tomorrow, and Saturday to haul immoderate dusty consoles implicit to your closest GameStop.

The terms of the PS5 is not getting immoderate cheaper, truthful if you’re a PS4 proprietor who’s been waiting for the close clip to upgrade, for example, you’ll privation to enactment fast. However, it is besides worthy noting that the retailer is notorious for its trade-in recognition and currency compensation.

GameStop Pro members looking to manus successful a PS4 tin lone get up to $49.50 successful store recognition and $34.65 successful cash, with non-Pro members lone promised up to $45 successful store recognition and $31.50 successful cash. So, the caller connection could efficaciously treble the worth of your traded-in PS4 if you’re a Pro member, but that’s inactive lone astir $100 disconnected of a $500 console. Credit and currency varies for antithetic consoles, with the Xbox Series X tradeable for arsenic overmuch arsenic $297 pre-bonus and the Switch tradeable for arsenic overmuch arsenic $82.50 pre-bonus.

As the U.S. Trump Administration continues to interaction the satellite with its continuously shifting planetary tariffs, Sony isn’t the archetypal to bump the terms of its tech. Microsoft announced steep terms increases for its hardware and adjacent immoderate of its accessories successful May, with Nintendo pursuing with terms increases for its archetypal Switch earlier this month. Sony besides accrued the terms of PlayStation’s successful different areas earlier this year.

Michael Cripe is simply a freelance writer with IGN. He's champion known for his enactment astatine sites similar The Pitch, The Escapist, and OnlySP. Be definite to springiness him a travel connected Bluesky (@mikecripe.bsky.social) and Twitter (@MikeCripe).