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Gamestop offers $50 credit with trade of select 360 games for Xbox One versions

Gamestop will offer $50 trade-in credit to PowerUp Rewards members who buy a new, Xbox 360 version of a game and then trade it back in for the Xbox One version. The promotion is valid for the Xbox versions of Call of Duty: Ghosts, Madden 25, FIFA 14, Battlefield 4 or Assassin's Creed 4.

In order to be eligible to receive the trade-in credit, patrons must be PowerUp Rewards members at the time of the initial purchase, which must take place within 30 days of the game's release date. Then, upon trading the game in for the Xbox One version, the customer will be emailed a coupon that grants $50 trade-in credit for the Xbox 360 version, for use when upgrading to the Xbox One version before December 31 of this year.

No mention of the PlayStation 4 was made in the press release, so whether a similar offer will be made for PS3/PS4 cross-generation games remains to be seen.

Update: Gamestop has informed us that the $50 coupon is delivered in tandem with the purchase of the Xbox 360 version of the game, rather than after the upgrade to the Xbox One version. This article has been altered slightly to reflect that information.

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GameStop Offering Exclusive Upgrade Credit Toward New Xbox One Video Games
PowerUp Rewards™ members will receive $50 credit when trading eligible Xbox 360 games

GRAPEVINE, Texas--(BUSINESS WIRE)--Aug. 8, 2013-- GameStop, the world's largest multichannel video game retailer, is taking the uncertainty out of which Xbox version of your favorite game you should buy this fall with an exclusive, guaranteed upgrade offer.

GameStop is offering PowerUp Rewards members a special, limited time opportunity to receive a $50 guaranteed minimum credit for select standard edition Xbox 360 titles when a member upgrades to the new Xbox One standard version of that title.

"This is an amazing opportunity for our PowerUp (PUR) members to enjoy their favorite Xbox 360 game until the Xbox One version becomes available," said Bob Puzon, senior vice president of merchandising at GameStop. "This offer gives PUR members the chance to upgrade their current Xbox 360 game for the new Xbox One standard version of that game for $9.99. This is a great example of how GameStop is helping gamers make the transition to the next generation of consoles economical and seamless."

The eligible titles (sold separately for $59.99) are:

Activision's Call of Duty®: Ghosts
Electronic Arts' Madden NFL 25, FIFA 14, and Battlefield 4
Ubisoft's Assassin's Creed IV Black Flag

To qualify for this offer, a customer must be a PowerUp Rewards member at the time they purchase a new eligible Xbox 360 title(s) within 30 days of its initial release and then trade that game at any U.S. GameStop location for the new Xbox One standard version of that same game. Following the purchase of an eligible current generation title, members will receive the guaranteed $50.00 trade-credit coupon via email and in their PowerUp Rewards Active Offers. Redemption of the coupon must occur by December 31, 2013. Offer is for a limited time only and may end without notice.