HMV gift cards to be accepted again from tomorrow

Attention, shoppers: HMV is accepting gift cards. Yes, the troubled music, video and games shop will this week once again let you use your vouchers to pay for stuff.

Branches of HMV will accept gift cards from tomorrow, Tuesday 22 February. Great news for anyone who got a gift card for Christmas or recently received vouchers as a refund.

More than 50 potential buyers have expressed interest in saving the ailing chain, with Hilco, the restructuring specialist that bought HMV Canada in 2011, currently reported to be the favourite. HMV's suppliers, including record labels and film studios, are reported to be willing to offer Hilco favourable credit terms. It seems HMV could weather this particular storm after all.

If HMV is sold to new owners in the coming months, they could then decide not to honour old vouchers. In that unlikely event, you could try and claim your money back from your credit or debit card provider -- check out our guide to your options.

The question of gift cards caused a right old kerfuffle when administrators Deloitte decreed vouchers had been suspended. One disgruntled customer in Dublin was so short of gruntlement he simply helped himself to games of an equivalent value to his useless gift card and marched from the shop. But as frustrating as it is to be out of pocket, it's not the staff's fault.

Also in trouble on the high street is Blockbuster, currently in administration, and in danger of following Jessops and Comet into oblivion.

[Source: CNET]