It's true! But it's only for a limited time unfortunately. If you're still sitting on Toys R Us store credit or a gift card, you can exchange them for Bed Bath & Beyond store credit until April 5th at 11:59 pm EST according to the Bed Bath & Beyond website.

So act quickly if you want to turn your Toys R Us credit (or Babies R Us credit) into some new bath towels or monogrammed coasters. Might be a better option than using them at an actual Toys R Us retailer at this point. Both websites for Toys R Us and Babies R Us have been shut down and in-store inventory is running out quickly. All stores will be closed in the very near future.

Unfortunately, you can't get the FULL amount in store credit. Bed Bath & Beyond's "CardCash" converter will tell you how much you can redeem. I just gave it a try and it looks like they'll give you about 64.2% of the total value of your Toys R Us card. So $100 in Toys R Us will net you $64.20 in Bed Bath and Beyond credit. Also worth noting, there is a $20 minimum, so don't try cashing in anything worth less than that.

And while you're there, check out some of the other ways to rack up Bed Bath & Beyond credit. There are more than 200 merchants in the "CardCash" system.