Apple recently raised the iPhone trade-in value by $15. To top it off, this trade-in value increment apparently applies to all models of the iPhones released thus far. But then, as reported by Phone Arena, Apple will provide $100 worth of credit only when a user trades in the iPhone 5. As it turns out, this is not the best trade-in deal available for an iPhone in the U.S.: Best Buy seems to have a better promotional deal.

Best Buy’s new promotional deal offers the iPhone 6 for just $1 with a two-year contract from Sprint or Verizon, when opting for an iPhone 5 trade-in option. This means the 16 GB iPhone 6 variant can be purchased for $1, while the original price of the device used to be $200 with a two-year contract. Therefore, potential buyers will save $199 by opting for the iPhone 5 trade-in deal. Interested readers can check out the new deal from Best Buy Website.

The new iPhone 5 trade-in deal from Best Buy is available in the U.S. only until June 20. Best Buy is also reportedly offering a $25 gift certificate.

For those gearing up to purchase the Apple iPhone 6 by utilizing this trade-in deal, here is the quick summary of the key specifications: This handset comes with a pocket-friendly 4.7-inch display and 750 x 1,334 pixels screen resolution. Apple has used Ion-strengthened glass, in addition to oleophobic coating. Under the hood, the smartphone is powered by an Apple A8 processor, with iOS 8 taking care of the software side. Plus, the iPhone 6 comes backed by 1 GB of RAM configuration.

Other iPhone 6 features include an 8 MP main camera, 1.2 MP secondary camera, NFC and Apple Pay support. Lastly, the phone houses a non-removable Li-Po 1,810 mAh battery unit. Reportedly, this unit is capable of providing up to 14 hours of talk time and 250 hours of stand-by time.