Do you know if I can get my money back? What will happen to my gift card if Fry's goes belly up?
5 replies (most recent on top)
- Keep it for use as a snow sc-aper someday in the future when 'global frostbite' takes over.
Go to the nearest Fry's store. Shoplift the item of your choice. Leave the gift card in it's place.
Your gift card is practically worthless now - since they don't have much to that you can purchase with it anyway. Unless you want perfume or no-name c-ap.
- If the company has gone out of business, do this:
- Contact the vendor. If you purchased a gift card from a vendor (rather than from the store itself), contact that vendor directly. You may be able to redeem the card’s value for a new gift card at a different store.
- Contact your credit card company. If you paid for a gift card with a credit card, consumer protection laws may qualify you for a full refund.
- Use the gift card at that store’s competitor. In some cases, stores accept their competitors’ gift cards or give you discounts in exchange for them. This is a great strategy they use to earn your loyalty as a customer.
- Hold on to the old gift cards. Although they may be useless now, some companies emerge from bankruptcy and resume business again later. When this happens, they may accept old gift cards that were issued prior to their bankruptcy.
You can try to file a claim as a "creditor" in their BK proceeding. You will receive $0. The GC will be worthless.