Following last month’s announcement that Toys R Us was going out of business, we let you know that their gift cards could be used in store up to April 13, 2018.
There’s less than two weeks until that deadline, but you now have an alternative if your local Toys R Us store doesn’t have any stock worth buying.
Bed Bath & Beyond has teamed up with Cardcash and is offering to buy your unwanted Toys R Us gift cards. There are a few important things to know about this offer:
- Thursday April 5, 2018 at 11:59pm EST is the last day they’ll buy your unwanted Toys R Us gift cards.
- The minimum value has to be $20.00, although partially used or uneven balances will be accepted.
- They’re only offering a payout rate of 64.2%.
Three months ago, a payout rate of 64.2% for a Toys R Us gift card would’ve been terrible, especially seeing as it comes in the form of a Bed Bath & Beyond gift card rather than cash.
However, times change and I think this is your only liquidation option for Toys R Us gift cards, other than using them in store (unless you have a private buyer.) If you’re not able to use your cards in store, this is a limited-time opportunity to cut your losses.