The Toys ‘R Us Credit Card Is Being Converted & It’s Not Bad News!

This post may contain affiliate links; please read our advertiser disclosure for more information.
Disclosure: Miles to Memories has partnered with CardRatings for our coverage of credit card products. Miles to Memories and CardRatings may receive a commission from card issuers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed or approved by any of these entities. Links in this post may provide us with a commission.

Toys R Us Mastercard Converted

Toys R Us Mastercard Converted

With the recent announcement that Bon-Ton may be liquidating and the impending closure of about 800 Toys ‘R Us stores, it isn’t the best of times for retail. One of the drivers of profit for retailers is store branded credit cards and actually Toys ‘R Us had a lot of success with theirs.

I opened a Toys ‘R Us credit card after I found myself shopping in their stores quite a lot for reselling. At the time I opened it I was given 20% off my entire (HUGE) purchase plus they had an ongoing 10% discount for cardholders on Thursday. It wasn’t a card I used a ton but I got some value out of it.

Of course Toys ‘R Us is going away and thus the card is going away. Synchrony issues the Toys ‘R Us credit card and has announced what will happen to this card. I just received this email:

Toys R Us Mastercard Converted

2% Cash Back & No Annual Fee

The Synchrony Mastercard is not a publicly available product as far as I know, but I believe it comes with no annual fee. 2% cashback with no annual fee isn’t unique, but its still a decent deal for most. I am assuming Synchrony wants to keep this large customer base and offering 2% back is a good way to get them to use the product. Their card portfolio is heavily linked to retailers, so the bank needs to keep customers as companies die.

RELATED: Cards That Will Earn You Over 2% Back On Every Purchase.


While 2% cash back isn’t the best you can do (I earn 2.625% back as a BofA Platinum Honors member and Alliant CU and Discover it Miles are offering 3% back for a year), I suspect many Toys ‘R Us cardmembers will see it as an attractive product. As for me, I’ll probably keep it open to age but won’t be using it all too often.

Shawn Coomer
Since 2007 Shawn Coomer has been circling the globe with his family for pennies on the dollar. He uses that first-hand knowledge and experience to teach others how to achieve their travel dreams for the least amount of money possible.

More Like This


Responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.



Please enter your comment!
Please enter your name here


  • MtM recommended tool to track & organize credit cards
  • Best card offers personalized for you
  • Track bonus deadlines, fee dates & 5/24 status
  • Full Travel Freely overview

Free Sign-Up

moomoo - 2 Free Stocks!

Brokerage app moomoo is offering 2 Free Stocks! Just open an account and fund with $500 to get your stocks! Super easy.
Grab your 2 free stocks now!

Subscribe To Our Newsletter

Join thousands of MtM readers who are subscribed to receive a once daily email with all of our posts. Never miss out!

You have Successfully Subscribed!