Recycling your old mobile phone is a good way to pick up a few extra pounds. If you’ve got a handset or two gathering dust in a draw then go and find and then head on over to Mazuma Mobile and find out how much they’d be willing to pay for it. Just enter the handset code into a form and Mazuma will tell you how much they’ll be happy to give you in exchange for the phone.

If you’re happy with the amount then you just complete your details. Mazuma will send out a freepost envelope, you then send in your phone and in return you’ll get your cash.

If you’re worried about any data stored on your mobile getting into the wrong hands you can use Mazuma’s free Mobile Data Delete Tool. Complete a quick form and Mazuma will email you over the details (this is useful even if you don’t want to recycle your old phone)!

So the big question is – how much will Mazuma pay? As of May 2009 you can get £50 for a Nokia Slide 6500, £28 for a Sony Ericsson K800i £25 for a Samsung U600 and £100 for a Nokia N95.

Of course the older the handset the less money you’ll get for it, but it’s worth a look. If you’ve got a number of handsets lying around then you could be losing money simply by not recycling them.

Magic your mobile into cash with Mazuma Mobile