"For customers looking to upgrade to the next generation of gaming consoles, for less money out of pocket, starting Monday, June 22, they can trade their Xbox 360 (250GB and greater) or PlayStation 3 (120GB and greater) and get up to $150 credit toward the purchase of a new Xbox One or PlayStation 4 system."
TERMS AND CONDITIONS
The Gamestop trade-in deal is up on their web site:
LEGAL - PS3 / XBOX 360 TRADE TOWARD NEW PS4 OR XBOX ONE SYSTEM
Offer valid through 7/12/15 Credit must be applied toward the purchase of a new Xbox One or PS4 system. Hardware must have all necessary components for trade. Systems with External hard drives are not eligible to receive the promotional value. Not valid toward cash trades. Trades must be in full working condition to receive full value. Defective items may be eligible for trade at a lesser value. Trades subject to manager approval. Cannot be combined with any other offer. See store associate for details. No dealers. Offer valid in the United States, Puerto Rico and Guam only. Void where prohibited. GameStop, Inc. reserves the right to cancel, terminate, modify or suspend the offer for any reason without notice.
Bonus $40 Gift Card with purchase of
Everything in this faq is YMMV because it is really up to the employee ringing up the trade.
Q: can you trade in more than one console toward a system?
A: The POS allows it (yes it will allow two of the same system), but it depends on if the employee will do the trade for you. When you trade in your system(s) the regular trade in value will show on the register. After the or is scanned then trade values are bumped up to $150 each.
Q: Can I trade in my fat ps3/360?
A: The wording of the promo states that it can't be an external hard drive. The fat 360s dont have internal hard drives greater than 160gb (?) so they are out. You can replace the hard drive on a fat ps3, but the values are not automatically bumped to $150 (maybe because they didn't make any fat 120gb+ models). You can always try to get a manager to override, so YMMV.
Q: Can I trade in a 4GB slim upgraded with a 250gb+ hard drive?
A: Yes. It is an internal hard drive that is equal or greater than 250gb. People in this thread have had success getting the trade in to work this way.
Q: What do I need to trade in my ps3/360?
A: I can't find any terms and conditions about console trade in so I will go by what I was told at the store. A 360 needs the console/controller/power cable/av cable (standard or hdmi). A ps3 needs the same along with the controller charge cable. Again, I can't find this in writing so I'm going by what was told to me.