With the demise of one of America’s most-recognizable brick-and-mortar toy stores, the forthcoming closing of nearly 1,800 Toys”R”Us and Babies”R”Us stores throughout the United States has left plenty of toy-hunting parents in a bind. Thankfully, there’s some good news: you can trade in your Toys”R”Us gift cards at Bed Bath & Beyond stores. Here’s the 411 on everything you need to know about exchanging your Toys”R”Us gift card for a Bed Bath & Beyond gift card.

One of the biggest challenges for customers of the closing stores has been what they should do with gift registries and Toys”R”Us store gift cards. Some retailers have stepped in to fill the void left behind by Toys”R”Us and Babies”R”Us. buybuyBABY is “saving” now-stranded Babies”R”Us baby registries—and now Bed Bath & Beyond is stepping up in a big way for customers, too. But before you trade in your Toys”R”Us gift card for a BB&B card, here’s what you need to know.

How do you exchange a Toys”R”Us gift card for a Bed Bath & Beyond gift card?

According to a Facebook post by the home goods retailer, Bed Bath & Beyond has partnered with CardCash, one of the largest gift card exchange sites online. If you have a Babies”R”Us or Toys”R”Us gift card, you can exchange it for a Bed Bath & Beyond gift card through CardCash’s dedicated Toys”R”Us for Bed Bath & Beyond gift card exchange site.

Can I exchange my Toys”R”Us gift card at my local Bed Bath & Beyond?

The gift card exchanges can only be made online and not in Bed Bath & Beyond stores.

What will exchanging my Toys”R”Us gift card get me in return?

You’ll receive a Bed Bath & Beyond eGift Card via email within 1 business day of completing your Toys”R”Us gift card exchange online. eGift Cards can be used in Bed Bath & Beyond stores and on the store website.

In addition to trading in your Toys”R”Us gift cards, CardCash also exchanges gift cards from more than 200 other merchants for BB&B cards, according to its website.

How many gift cards can I exchange?

CardCash doesn’t list a specific upper limit on how many Toys”R”Us cards you can exchange for Bed Bath & Beyond eGift cards, but you do have the option to process more than one exchange.

Does it cost anything to exchange my Toys”R”Us gift card online?

Yes and no: if you’re expecting to a get a dollar-for-dollar match on your Toys”R”Us gift cards, you’re not going to. CardCash buys back cards at a discounted price using its own proprietary valuation method to determine how much your gift card is worth to them.

According to comments on BB&B’s Facebook post, one customer went to exchange her $25 Toys”R”Us gift card and only got a little over $16 for it—so just be aware that you will not get the full face value for your Toys”R”Us gift card. (A bummer, yes—but it’s better than nothing.)

For how long will Bed Bath & Beyond exchange Toys”R”Us gift cards?

You need to act, pronto. Customers have until Thursday, Apr. 5 at 11:59 p.m. Eastern to exchange any Toys”R”Us gift cards for Bed Bath & Beyond gift cards online. After that, you’re out of luck.

What else do I need to know about trading in my Toys”R”Us gift card?

Only Toys”R”Us gift cards with a balance of more than $20 can be exchanged online. If you have a Toys”R”Us gift card with anything less than $20, your best bet is to head to your local TRU and buy what you can with it.

Also, the exchange only applies to Toys”R”Us and Babies”R”Us gift cards and not to store merchandise credits. Again, in that situation, get thee to your local TRU or BRU store and use it towards something while you still can. Toys”R”Us will stop accepting all gift card benefits on Apr. 15, according to the Federal Trade Commission.

Do you have Toys”R”Us gift cards piled up that you’ll need to trade in? Share your gift card exchange stories in the comments.

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—Keiko Zoll

Featured photo: Mike Mozart via Flickr 

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