Updated 8/30/18: As of June 29th, 2018, Toys R Us is no longer in business. All Toys R Us or Babies R Us gift cards are no longer eligible to be used or traded in for any other merchant programs.
Founded in 1948, Toys R Us has 564 stores in the United States as well as hundreds of international locations. Toys R Us has been a staple in the retail space for more than 65 years.
But on Wednesday, March 13, 2018, Toys R Us announced they will be closing their doors. What happens with all of the unspent gift cards? If you have a Toys R Us or Babies R Us gift card, it’s important to consider the following options before they close.
Summary: Use your Toys R Us and Babies R Us gift cards ASAP.
Q: I have a Toys R Us (or Babies R Us) gift card. What Should I do?
A: Spend it as soon as possible. While it may be tempting to wait for price drops, you don’t want to be left with a gift card you can’t use.
Q: How long will Toys R Us and Babies R Us accept gift cards?
A: Gift cards can tentatively be used until April 21, 2018. Remember that this can change at any moment, making it imperative to redeem immediately.
Q: There’s nothing I want at Toys R Us or Babies R Us. What should I do?
A: You can attempt to sell your card to a third party. Visit Gift Card Granny to compare available offers from gift card exchanges. Act fast since the exchanges can stop accepting Toys R Us or Babies R Us gift cards at any time.
Q: Do you know what type of sale prices I should expect to see?
A: Toys R Us will be slashing prices in order to quickly liquidate stores. What can you do to maximize your savings? Gift card exchanges such as Cardpool, Gift Card Spread, Card Kangaroo and others are trying to relinquish any remaining Toys R Us gift cards. In order to do so, they've increased the percentages, allowing consumers to purchase Toys R Us discount gift cards for up to 21% off. If you go this route, be sure to purchase and spend the gift card as soon as possible. Curious about discount gift cards? Check out the details.