If you’re holding onto Toys ‘R’ Us gift cards, there’s a silver lining amid the closure of the beloved toy retailer. Recently, Bed Bath & Beyond announced a program that allows customers to exchange their Toys ‘R’ Us gift cards for e-gift cards from their store, providing an excellent opportunity for those unable to use their cards before the deadline.
Following the announcement of Toys ‘R’ Us’s impending closure, many consumers have been eager to utilize their remaining gift cards. With the websites for both Toys ‘R’ Us and Babies ‘R’ Us no longer operational, shoppers without easy access to physical stores have found themselves at a crossroads. Enter Bed Bath & Beyond with a generous offer to exchange these gift cards for store credit at an approximate rate of 65 percent, subject to the balance of the card.
On their website, Bed Bath & Beyond provides details on how to evaluate the exchange value, which may fluctuate based on the card’s balance. However, it’s important to note that they do not accept merchandise credit from Toys ‘R’ Us or Babies ‘R’ Us, which is issued when an item is returned. While the exchange might not seem like the most favorable option at first glance, it could be a better choice for those who prefer purchasing items they truly need, such as kitchen gadgets, over remaining toy inventory.
Time is of the essence, as both Toys ‘R’ Us and Babies ‘R’ Us will cease to accept gift cards and store credit by April 21. Furthermore, the exchange program at Bed Bath & Beyond will end at 11:59 p.m. ET on April 5.
This initiative is not new to Bed Bath & Beyond; they have a history of offering gift card exchanges for over 200 retailers, albeit often at lower exchange rates compared to using the card at its original retailer. Here are some general guidelines for the exchange process:
- Cards must have a balance of at least $20.
- The value of the exchange depends on various factors.
- Partial balances and partially used cards are accepted.
- Expired cards will not be accepted.
For those with further inquiries about the gift card exchange program, a wealth of information is available on their website.
In summary, if you find yourself with unused Toys ‘R’ Us gift cards, Bed Bath & Beyond presents a valuable opportunity to convert them into usable store credit. This exchange program not only helps customers avoid losses but also enables them to acquire items they truly need.
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