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It depends on the trade-in center's time to evaluate the item. I've done several trade-ins. In my case, it's typically 3 business days. As soon as the trade-in center verifies the condition of the item, Apple turns around very quickly with the credit.
 
They received both of our phones on Friday (1st). I had the email from them that night saying the trade in was accepted for my 12 pro max. Money showed up as a credit to my apple card on Monday.

Got an email that they received hubby's Xs over the weekend... then the final email yesterday (4th). Money showed up earlier this morning.
 
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Good morning ! ☀️

How long after they receive my trade-in, does Apple credit your credit card??

In my case, the tracking info showed that the trade in was delivered last friday, but when I checked the status on Apple’s site it didn’t show that the phone had been received until monday morning. It stayed in “waiting to be inspected” status all day Monday and Tuesday and then at 2:30AM this morning I got an email saying that my trade had been processed and I would be getting the refund on my card. I expect to see it hit my card tomorrow or friday at the latest.
 
My trade-in was received in Carlisle, Pennsylvania since 10/04/2021 at 1pm, today is 10/07/2021 and when I check on the Apple app it still shows as "Received by Trade-in partners" how long does it take to receive the credit?
 
My trade-in was received in Carlisle, Pennsylvania since 10/04/2021 at 1pm, today is 10/07/2021 and when I check on the Apple app it still shows as "Received by Trade-in partners" how long does it take to receive the credit?
Same here. Hopefully the inspection is done by Monday.
 
I got word last night that it was received and "passed" inspection. Now I'm waiting for the credit.
 
I have had them credit me in 2-4 days after receiving phone and also had a issue with my daughters phone they received and after 2 weeks still nothing. So called apple they investigated and found out they lost phone so credited us right away!
 
I sent mine over a week ago and no confirmation it arrived. I really messed up by not keeping the receipt. I feel like I was robbed. [Update: I got paid].
 
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