There’s an Easy Way to Trade in Your Toys 'R' Us Gift Cards for a Store NOT Going Out of Business (2024)

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The clock is ticking for anyone with a Toys "R" Us gift card. The bankrupt retailer is holding going-out-of-business sales at stores nationwide, and the last day that gift cards can be used is April 21. Same goes for gift cards at Babies "R" Us stores, which are owned by the same company and are also closing.

The cards can't be turned into cash, and now that the Toys "R" website has shut down they can't be used for online purchases either. If it's impractical or impossible for you to use a Babies "R" Us or Toys "R" Us gift card before it's too late, consider a special offer from Bed Bath & Beyond.

As the retailer tweeted recently, Toys "R" Us customers can turn their soon-to-expire gift cards into electronic gift cards good at Bed Bath & Beyond.

The good news is that the offer makes it easy to get something out of those old gift cards—which will become worthless in a couple weeks. But you must act quickly: Thursday, April 5, is the last day that Toys "R" Us gift cards will be accepted in the program converting them into BB&B gift cards.

The bad news is that you won't get anywhere near full value for Toys "R" Us or Babies "R" Us gift cards. The exchange program is run by a company called CardCash, and right now, a $100 Babies "R" Us or Toys "R" Us gift card can be turned into a Bed Bath & Beyond card that's worth only $64.20. A $25 Toys "R" Us card can be exchanged into a Bed Bath & Beyond card worth $16.05.

The CardCash program actually allows customers to convert gift cards from over 200 retailers into Bed Bath & Beyond electronic cards. The gift cards are never exchanged for full value, but the conversion rate is much better for retailers that aren't on their death bed like Toys "R" Us is.

A $100 Home Depot card, for example, can become $88.81 at Bed Bath & Beyond. A $100 Sears gift card can be converted into a Bed Bath & Beyond card worth $87.74. A $100 Nike gift card turns into a $85.60 electronic card at BB&B, while a $100 card at AMC Theatres or L.L. Bean can be converted into a $74.90 value at BB&B.

CardCash and similar companies make money by reselling these cards at prices that are higher than what they paid, but still discounted compared to full value. For example, you can buy a $100 Home Depot e-gift card for $98.75 at CardCash. And, if for some odd reason you want to buy a Toys "R" Us card, CardCash is selling $10 cards for $7.50 right now.

Just remember that the absolute last day you can use a Toys "R" Us gift card is April 21—and remember that purchases must be made in a physical store because online sales have been shut down. Also, bear in mind that many shoppers have been complaining that the Toys "R" Us closing sale deals are awful, with minimal discounting, poor selection, and an all-around chaotic shopping experience.

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There’s an Easy Way to Trade in Your Toys 'R' Us Gift Cards for a Store NOT Going Out of Business (2024)

FAQs

Can you trade gift cards for different stores? ›

Trade your gift card for a different store.

If you don't like the store your gift card is from, you can exchange it for a gift card to a store you like. You can do this online or at certain kiosks. For example, you can use a website like CardCash to exchange your gift card.

How do I trade unused gift cards? ›

There are several websites available to help you either trade that unwanted card for another one you will use or sell it for cash. One popular site is CardCash. It works with more than 1,000 retailers to provide trade-in opportunities.

How do I sell my gift card to my store? ›

Here are 7 pointers to help you market your gift cards and maximize sales.
  1. Increase their in-store visibility. ...
  2. Cross-merchandise them with relevant items. ...
  3. Motivate yourself and your associates to proactively market them in-store. ...
  4. Market them across multiple channels. ...
  5. Create gift cards around specific themes or events.
Sep 20, 2022

Can you return gift cards to Toys R Us? ›

We do not accept Returns without the original receipt. No Returns or Exchanges on clearance (price ending in 8), gift cards, 3rd Party gift cards, trading cards, digital downloads and helium tanks. Collectibles are FINAL sale.

Can you cash in old gift cards? ›

You can easily turn gift cards into cash (or more desirable gift cards) through reputable sites like Raise and CardCash. The site you choose will depend on the ease of sale and the type of gift card you have. You won't get full value for it, but that's still better than letting a gift card go unused.

Where can I sell my gift card and get paid instantly? ›

With that in mind, here are the top platforms where you can sell gift cards for PayPal cash instantly (or nearly instantly).
  • PayPal Zettle. You can sell your gift cards to PayPal for cash through the PayPal Zettle app. ...
  • CardCash. ...
  • CardSell. ...
  • Raise. ...
  • Craigslist. ...
  • ClipKard. ...
  • GiftCash. ...
  • Reddit.
Apr 28, 2023

How do I convert gift cards to cash? ›

If you're willing to sacrifice a few dollars, that Visa gift card could become cash in your pocket.
  1. Sell Your Gift Card on CashCash. ...
  2. Sell Your Gift Card on Facebook Marketplace. ...
  3. Convert Your Gift Card to PayPal or Venmo Cash. ...
  4. Buy a Money Order with Your Visa Gift Card. ...
  5. Sell Your Visa Gift Card to an Exchange Kiosk.
Sep 13, 2023

Can I use my gift card to buy another gift card? ›

Gift cards are easy to regift, but sometimes the amount on the card is an odd value (e.g. $23.42) or is more than you want to give someone. If you take the gift card to the issuing store, you may be able to use it to buy a new gift card (or cards) in the dollar amount you want.

What machine trades out gift cards for cash? ›

A Coinstar gift card exchange kiosk is a machine that would allow you to turn your unwanted gift cards into cash.

Does Walmart buy gift cards? ›

Walmart Offers Gift Card Trade-In Program If You Don't Mind Getting Less Than The Card Is Worth. Although consumers were warned several times this year that gift cards might not be the best option when buying something for their loved ones, some likely continued buying the plastic cards as gifts.

Does CardCash pay you instantly? ›

Once we receive the card(s) the payment is typically issued within 24-48 hours. For new members there may be some additional information we need before the sale can be completed.

Can I sell a gift card to kiosk? ›

No. Though Visa®, Mastercard® and other bank-issued gift cards are accepted at a wide range of places–online, in stores, over the phone–they cannot be sold for cash at a Gift Card Exchange kiosk.

Can you take money off a gift card at an ATM? ›

So because there is no broad difference between gift cards and prepaid cards, you can easily use your Visa gift card to withdraw money from the ATM. However, you can not use your preloaded card to withdraw cash at every ATM. The ATM you use must be the one that supports Visa cards – you will see a Visa logo on the ATM.

Can you still use Toys R Us gift cards online? ›

Just remember that the absolute last day you can use a Toys "R" Us gift card is April 21—and remember that purchases must be made in a physical store because online sales have been shut down.

Does Bed Bath and Beyond accept Toys R Us gift cards? ›

Thankfully, there's some good news: you can trade in your Toys”R”Us gift cards at Bed Bath & Beyond stores.

Can you do anything with expired gift cards? ›

In places where they are allowed to have an expiry date, the business that issued the card pockets the money. Federal law stipulates that gift cards can only expire five years after purchase. Its value can be diminished if it's not used within 12 months, as fees can be charged for inactivity, dormancy, and service.

What happens to old gift cards? ›

So What Happens To Unspent Gift Cards? The simple answer is that the issuing company or retailer gets to benefit from that. Once a gift card reaches its validity period and it's still unused or there is a leftover balance, the issuing company gets a certain amount back.

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