GameStop wants you to know that it has your back amid the new PS5 price hike in the U.S…. but only for a few days. The company is offering extra $50 credit towards the purchase of a PS5 when trading in older consoles collecting dust,

Sony will raise prices of its PlayStation 5 consoles in the United States by around $50 from Thursday, as the Japanese conglomerate navigates a slow recovery in the videogame market while U.S. tariffs threaten to raise costs.

Shortly after Sony announced its PS5 price increases, the store took to its social media pages, proclaiming, “GameStop has your back.” It adds that a new deal will let players “take that $50 back” by granting an extra $50 bonus to anyone who trades in a PlayStation 4, Xbox One, Xbox Series X | S, or Nintendo Switch toward the purchase of a new PS5.

Sony responds to Sony's $50 PS5 price hike with targeted trade-in promotion, highlighting retail tensions amid tariff pressures.

Sony will increase the prices of its PlayStation 5 consoles in the US, starting today. This follows the trend of console manufacturers such as Microsoft and Nintendo raising prices for their hardware in response to tariffs .

It further dropped the revised hiked prices for the consoles. The updated recommended retail prices for PlayStation 5 consoles in the US are as follows: PlayStation 5 Digital Edition—$499.99 PlayStation 5 Pro—$749.99 The company, however, claimed that the prices for the accessories in the store will remain unchanged.

Sony’s $50 price hike in the US hasn’t gone into effect yet on PlayStation’s website or at other retailers like Best Buy, Walmart, Target, and GameStop. [Link: Sony is raising PS5 prices, starting tom

With PlayStation set to increase PS5 console prices this week, this Call of Duty PS5 Slim bundle deal offers even better value now.

I bought several ‘refurbished’ and limited edition PS5 consoles from GameStop and the results were a disaster. From missing parts and fake seals to scratched, damaged, and even broken systems, each unboxing just gets worse.