Exchange For A Galaxy, And Get $300.

Thank you, Sammy!

Samsung is giving you another reason to choose its Galaxy range of Smartphones— a rebate of up to $300 for your old smartphone.

The program, unveiled on the brand’s Facebook Page on Monday and on samsungupgrade.com, promises a refund within 30 days for anyone who buys a new Samsung smartphone and mails in their old one. A trade-in on an iPhone 4S 64GB in perfect condition will fetch you the full $300, but the rebates fall sharply from there. For instance, a 32GB version of the same model will only get you $230 and the 16GB version will get you $215. Something's always better than nothing, eh?

However, such a rebate will essentially render a new top-of-the-line Samsung smartphone free or close to it: A Samsung Galaxy S III is $199 with a new contract and a Galaxy Note costs $249 with a new contract. The push comes as Samsung’s sales far outpace Apple’s on a global basis, but, like Microsoft, is viewed these days as an underdog against the Cupertino powerhouse.

Apple and Samsung look to be planning big announcements over the next few weeks: Samsung has a mysterious event planned for August 15 that appears to be related to its Galaxy Note devices. Apple, meanwhile, is reportedly planning to introduce a new iPhone model on September 12. But, who cares about that? Samsung makes more powerful and quality smartphones as compared to the fruit company.

What do you think? Isn't the 'exchange for a new Galaxy' idea good? Drop your comments!