In addition to Apple and Target, Best Buy wants to sell users as many iPhone units as possible as well, and the big box retailer has a unique deal for iPhone buyers looking to purchase Apple’s flagship device for as little as possible.

While the iPhone 5s usually starts at $199 with a new two-year contract from either AT&T, Sprint or Verizon, Best Buy is ready to sell it for $0 to buyers who are willing to trade in an old iPhone.

Best Buy is to guaranteeing a trade-in credit of up to $200 for current iPhone users who trade in their iPhone 5 or iPhone 4s. In the event that your iPhone’s trade-in value is above the guaranteed credit offer, the balance will be handed over in the form of a Best Buy gift card.

The retailer also notes that Sprint and Verizon are selling the 16GB iPhone 5s for just $99.99 on contract, which means that some buyers will leave the store with a free iPhone 5s and a Best Buy gift card worth $50 or $100 on top of that. The 32GB and 64GB version of the phone are also $100 cheaper with both carriers, for those looking for more storage.

AT&T’s on-contract prices remain unchanged, starting at $199.

Best Buy’s deal is valid through May 11.

Here are the guaranteed minimums and iPhone 5s on-contract prices per carrier, depending on the kind of iPhone users trade-in:

  • Trade in a working iPhone 5 and get a guaranteed minimum $200 Best Buy gift card – that makes the iPhone 5s 16GB free on AT&T, Sprint and Verizon Wireless.
  • If it’s a iPhone 4s, get a guaranteed minimum $150 gift card – that makes the iPhone 5s 16GB free on Sprint and Verizon and $49.99 on AT&T.
  • Trade in the iPhone 4 and get a guaranteed minimum $100 gift card – that makes the iPhone 5s 16GB free on Sprint and Verizon and $99.99 on AT&T.
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