Posted by Chuck on February 24, 2020
Deals

Published on February 24th, 2020 | by Chuck

45

[Expired] Costco In-Store: BOGO T-Mobile Samsung S20, Plus Samsung Credit

Update 2/24/20: The BOGO is now live through the 27th. Additionally, you may be eligible for a $100-$200 Samsung credit by pre-registering your device. Hat tip Slickdeals. (Not sure if the March 6th stack will work since they may not allow stacking the deals, as per the update in the Slickdeals thread.)

The Offer

Via Slickdeals, on March 6th, T-Mobile stores will be running the following two offers:

  • Buy 2 Samsung Galaxy S20 in Costco stores on March 6th and get a $900 Master Card after rebate when adding 1 new line as an existing T-Mobile customer or adding 2 new lines as a new customer.

Here are the prices: S20 is $899, S20+ is $1,099, S20 Ultra is $1,249 (S20 Ultra is $150 less then normal). So if you buy two S20s, you’ll essentially be getting one free since you’ll pay $1,800 and get $900 back as a Mastercard.

Separately, they have a trade-in offer on March 6th:

  • Get up to $500 back when you trade in your old phone. The new phones get $500 trade-in value and older phones have lower values. The trade in credit comes partially in form of bill credit and partially in form of Mastercard gift card.

Our Verdict

Sample deal scenario: if you currently have a Galaxy S9 ($500 trade-in value), you can trade that in, and you’ll walk away with two S20s for just $400 since you’ll pay $1,800 and get back $900 rebate + $500 trade-in credit. You will have the cost of adding a line, though, so that’ll increase your costs a bit; you’ll have to keep the new line for a few months (until you get the rebate, I think?).

Even better would be if you can trade in two Galaxy S9’s and get two $500 trade-in credits. I don’t know if that works, but if it does you’ll walk away being paid $100 to trade in your two S9s for S20s. You’ll pay $1,800 for the two S20s and you’ll get back $900 rebate + $500 trade in + $500 for the second trade in. (There is the cost of the added line for a few months, but overall you’ll probably end up a bit ahead and you’ll have the updated phone.) Let us know if you try this.

Hat tip again to SD



45
Leave a Reply

avatar
 

  Subscribe  
newest oldest most voted
Notify of
Kai
Kai

Anywhere we can find the trade in value? I do have a Pixel 3 that I can trade in, wonder how much it worth with a crack screen

Harry
Harry

I think it should be clarified that the $500 credit for trade in is partially in the form of Bill credits and a Mastercard GC. The Bill credit would be for the actual value of the S9($81 IIRC and $95 for the S9+) and the rest would be in the form of a mastercard GC that will get send to you after a month or 2.

Also word of caution that promos with T-Mo always have a chance of going completely tits up, so I would recommend not doing this unless you have time to Tweet at T-Force and/or spend a few hours on the phone.

IMO, the better deal would be to buy directly from Samsung.com and trade in your S9 to get instant $300 discount. Rakuten is also doing 10% Cashback right now which is awesome if you have it linked to AMEX. You also get an extra $50-$70 off if you use a referral code at Samsung.com.

This isn’t my first rodeo with phone deals, so if anybody has questions please do fire away.

Sevillada
Sevillada

Where do we get a referral?

Harry
Harry

I have my referral but I dont think I am allowed to share it. Chuck please remove this if not allowed.

This is mine Sevillada [removed]. You have to make a new Samsung.com account for the discount to be taken off at checkout. There is a box to enter it.

sevillada
sevillada

thanks

sevillada
sevillada

hi, could you send it by email? username except remove last letter and then at outlook

meed18
meed18

Any idea how long it takes to have an active plan with T-Mobile to unlock the phones? To me, the deal here is being able to sell the second S20 if possible.

Sevillada
Sevillada

With T-Mobile, they must be active with tmobile for 40 days, and paid off

Harry
Harry

Costco phone is full paid off so it only has to be on the account for 40 days and it takes more time to get the $900 GC anyway.

YoniPDX

The $900 MCGC can be liquidated WF and BofAs for free just go in to a branch.

I’ve done this multiple times with Costco/T-mobile.
But also can be done at other banks that have MC sign. Those are the only two I’ve used

muru
muru

nvm

Crad
Crad

So can I open a new line, keep it open for min 40 days, get the $900 giftcard and close the 2nd tmobile line?

Daniel
Daniel

Samsung.com trade-in process is not reliable either. Go to slickdeals or any other phone forums, and you’ll easily find horror stories about Samsung Trade-ins. And for Samsung, you really have no good recourse to get a remedy.

For Tmobile, you at least have access to TForce who are quite capable and willing to help, and have more power than an average industry customer service. In the worst case when no one can really help, you can even shoot an email to the CEO whose executive team will take care of you if you have a valid case.

So, I disagree with you about going to Samsung.com. IME it’s much better to go through TMobile and Costco.

Harry
Harry

Gonna address this first. Samsung was historically terrible by giving you only $25 if your device didn’t meet their “standards”. This has changed now and you can get your device back if they dont approve it.

It’s much better now but yes historically they have been terrible(not for me personally however).

Daniel
Daniel

That’s a good development. I still stand by my stance though.

My point is there is no objective data that TMobile’s promo failure rate is worse than Samsung’s one. You were only making that suggestion based on your anecdotes.

However, the customer service of TForce and executive teams at TMobile are generally very well regarded while you’ll often be stuck with no recourse when there’s a serious problem with Samsung’s CS. Many people had no place to go when they were having issues with Samsung trade-in where as there are clear ways to escalate issues reliably within Tmobile.

So I’ll take the chance with Tmobile 9 out of 10 than Samsung.

SJ
SJ

If you try to trade in phones that are cracked or blacklisted, you will probably have issues even with T-mobile. I have traded-in 3 phones with Samsung (one had some scratches on the back and I was expecting them to send it back) but all three traded-in with above market price without issue. I was afraid at first after hearing about horror stories online, but you just can’t believe everything you read on the internet. After having to go through both Samsung.com and Costco for their trade-in deals, I have to say Costco is definitely better deal, as far as how much you save at the end, but it’s definitely more time-consuming and can be pricey if you make mistakes (like forgetting to cancel your lines after you get cash back).

Kelly
Kelly

Hi Harry,

Do you think these 3 deals are stackable?
In your opinion, would it be worth it to buy 2 galaxy s9s on ebay for $230 each, be able to trade them both in for $500 credits (do you think that will be possible?), get the BOGO offer, 2 $100 samsung credits, and then sell one if not both the S20s?

Math:
Costs = ~$2590
~$230 x 2 for s9s
~$900 x 2 for s20s (probably more like $975 with tax and activation fees?)
~$60 x 3 for tmobile cell phone bills ($60/month x 3)

Credits= ~$2,938 cash & GCs, $162 in bill credits, $200 Samsung credits
$419 x 2 in Mastercard GCs for s9 credits
$81 x 2 in t mobile bill credits
$900 BOGO
~$600 x 2 resale of 2 s20s? (No idea of resale value, low ball guess here?)
$100 x in Samsung credits

=$510 profit, $200 Samsung credits

Harry
Harry

Kelly

Hi!

This is tricky. Historically yes it has been possible to combine both and there was quite a bit of money to be made playing that game. But something has changed this time around and I have been explicitly told by multiple reps that it WILL NOT be possible this time around.

Having said that we know here not to trust Rep’s words and things can be different when the actual release happens.

On the matter of the S9, I think $230 might be too expensive and you might be able to find prices lower than that. IMO $200 and under would be the sweet spot.

The Samsung credit btw is independent and fully stackable.

Harry
Harry

Just adding as an update that I talked to membership wireless at my local Costco and they were told they will only have the 128GB S20 Ultra and not the 512GB version.

It’s the most expensive model of the phone coming in at a whopping $1600+tax but just something to note if you were holding out for that. This could of course be just my local store and your YMMV.

bob
bob

Thinking about doing trade in and buy 1 get 1 s20, you still don’t think it’s stackable?
Also, I just did a tmobile/costco trade deal in 11/19 and got 2 new lines. I cancelled one of them a month ago. Do I need to call tmobile and activate the line before going to costco? If i’m doing buy 1 get 1 and activate a line…would the costco person activate a new line or just use the line I reactivated?

bob
bob

Harry,

Do you think we can stack costco $500 trade in and buy 1 get 1 s20?

Also, what if I just cancelled a line from a recent promo? Do I call tmobile to activate that line then go to costco or I can go to costco and do it all there? And would they use the recently cancelled line or would I have to get a new one too.

YoniPDX

Wireless Advocates (Wirless Kiosk resller for Costco) is pretty great at the promotions, and getting issues resolved.

SJ
SJ

That’s what I did. I traded in my Note 10+ for $700. With $125 (extra 25 because I reserved it before it was available for pre-order) and $700 for my trade-in, plus the discount via my student account (about $110), I only paid a little over $300 for S20 and Earbuds +. I already sold my earbuds I have been using for a year for $100 so I’m pretty much spending $200 to upgrade to latest technology. I don’t have to worry about getting additional line and remembering it to cancel when I get my cash back from T-mobile. I have not had good experience with their support. It just isn’t worth all the time I will spend on the phone with their support trying to cancel my lines and get credit for the months they over charged me.

Zack
Zack

Thinking about doing this… Question though. I only need one; is there any reason why I can’t do this as an existing T-mobile Customer:
Trade in my S9 for $500, buy the two S20s for $1798, receive the $900 mastercard. Cost of $400 for both phones. Add a new line for 1-3months then cancel the line(wait for $900 mastercard). Sell the second S20 for ~$800 through offerup/craigslist/facebook. Now $400 earned, subract $120 ($40/line @ 3mos). $280 money maker.

In summary: Free upgrade to Galaxy S20; ~$280 moneymaker after 1-3months of service @ $40/line.

I realize these calculations don’t include taxes, so the numbers will be a little different; but it looks like I should still net positive still.

Crad
Crad

I was just thinking about this! But if you open a new line arent you supposed to keep it for at least 24months? So it pays off the 2nd device right? Will it be easy to just cancel it? Also can I open a new line for myself or does it have to be on someone’s name?

Aki
Aki

Dont think the trade in is stackable this time around.Also there is a pre-register 100/150 off that needs more clarity if it can be done via costco or is a stackable?

BUT_WHY_MALE_M0DELS
BUT_WHY_MALE_M0DELS

what leads you to believe it is not stackable?

Harry
Harry

I can explain that Aki .The $100/$150/$200 Credit is actually given by Samsung. You just enter your IMEI at https://samsungpromotions.com/ after you get the phone and they email you the code/coupon within a few days.

And Yes, if you do the $900 back offer and get 2 phones you will get the credit twice. This credit doesnt have anything to do with Costco directly even though they make it sound like that.

Aki
Aki

Cool thanks for clearing that up.

Parts Unknown
Parts Unknown

This seems interesting, but overly complicated. Maybe I’m just slow, but I don’t understand how it works 🤷🏻

Harry
Harry

Which part? Parts Unknown

They are 2 separate offers, as of right now at least.

Parts Unknown
Parts Unknown

I have a pixel 3 that I could trade in. I only want 1 new phone, I don’t want to add a line. Yes, I have TMobile. I need to go to Costco to buy the phone? Or the T-Mobile store? Or it’s online? Or all 3? I gave up trying to figure it out 🤷🏻

Harry
Harry

Haha happy to help Parts Unknown

Yes you have to goto Costco to buy the phone. You maybe able to “reserve” it by calling your local warehouse and pressing 1 and asking for the wireless department. They would take down your T-mobile account info and reserve one for you that you can pick up in March.

Since you are doing the trade in deal, you don’t need to add a line at all. You will get a shipping label at Costco when you buy the phone and then you ship that phone out. They will need the IMEI of your Pixel 3 to actually do the offer. After which you will see a $80-$90 bill credit from T-mobile and then you will get the difference in the form of a mastercard giftcard after 6-8 weeks.

dora
dora

Both these deals cannot be combined is what the rep says.be ready to get only one of these deals when they come.

Redacted
Redacted

Any idea if I could get a similar amount of tradein value for a Note 8?

[edit: sorry I just noticed that the SD thread has the list – never mind]

Joshua in San Diego
Joshua in San Diego

As mentioned, they put part of the trade-in as a bill credit, which goes away if you cancel that extra line. But, as cell phone deals go, that MasterCard gift card is golden. Now if only I could switch carriers. I wonder if you could finagle a 55+ person to sign up for the Essentials Unlimited 55 plan ($55/month for two lines) to further drive down costs, at least for a new account.

Kevin
Kevin

I think the trade in offer needs to be in big bold faced letters that the trade-in happens on March 6th. I thought they were accepting trade-ins during preregistration. The guy at my kiosk told me that you couldn’t stack the offers. So, I’m assuming you do the stacking when you pick up your phone. Anyways I “pre-pre-ordered” four phones, hopefully successful DP for the trade-in.

YRK
YRK

Are these t mobile versions or unlocked?

justmeha
justmeha

tmobile

Aravinth
Aravinth

Is the Buy-One-Get-One still available? I thought it was available in Costco until March 5th. Is that not the case?

Crad
Crad

Went to Costco store today. For Tmobile they said you can open a 2nd line but have to keep it open for at least 6 months, and they only showed me the Magenta plan which is $120/month. The guy at the store basically said you can get the 2nd device and sell it online lol. Now I have Simple choice plan which is like $50/month, I wonder if i have to upgrade to the Magenta in order to be able to open another line… Also how much can I sell the S20 for on ebay? I’m looking to make as much profit as possible.

Back to Top ↑