With the reveal and launch of Apple’s newest iPhones coming ever closer, Apple recently launched the “iPhone Reuse and Recycling Program,” a trade-in program available for upgrading your old iPhone. If you’ve got an iPhone 3G, 3GS, 4, 4S or 5 kicking around and you wish to upgrade, bring your device in to receive a gift card based on the condition of your old device’s screen, buttons, overall hardware quality and more. There are a few catches, though: You must use that gift card for a new iPhone, which has to be bought during that same transaction and has to be an activated phone on a contract. Reports say that the trade-in value varies, but a 16 GB iPhone 5 in good condition will fetch about $250 and a GSM 8 GB iPhone 4 will get you about $130. Be warned that these prices are significantly lower than competing services, but if you want one-stop shopping for upgrading your iPhone, Apple’s trade-in program is live today.