Best Buy trade-in promotion basically gives you a free iPhone 5C

Take advantage of that $100 credit

Best Buy has concocted quite the offer in an effort to lure would-be iPhone 5S and iPhone 5C buyers to its blue-and-yellow storefronts.

With the trade-in of any working phone, the retailer will guarantee at least $100 credit towards a new handset. Since the 16GB iPhone 5C costs $99, customers are basically getting a free phone, though they are subject to sales tax and activation charges.

A basic iPhone 5S would cost a bargain-bin $99.

The retailer confirmed the deal to AllThingsD, noting that customers can take advantage of the iPhone 5C offer at Best Buy Mobile stores starting today. Beginning Oct. 13, the promotion kicks into full gear. It all ends Oct. 19, so time is of the essence.

The biggest catch is that customers must be eligible for an upgrade, so don't go sauntering into a store looking for a free phone if you just bought one. Nice try though.

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News Editor (US)

As the US News Editor, Michelle (Twitter, Google+) keeps her eye on all things tech with particular interest on phones, tablets and finding out who the people are behind the devices. Any phone that can survive a regular (accidental) drop has her vote for best handset. Michelle previously worked covering local news in the Bay Area and has been with TechRadar since July 2012.