What will happen to gift vouchers and certificates?
There is no clear statement yet from MCR about gift vouchers and certificates, but by law, customers will be entitled to a full refund if the physical bookstores close down. Customers will also be first in line in front of other creditors seeking money from Borders, so there is only like a 0.0001% chance that holders of gift certificates, vouchers and gift cards will be unable to get their money back. Of course, you can still use those until the physical stores finally close for business. Borders gift vouchers could only be used for half the purchase amount (e.g. if your basket comes up to £20, then you can only use £10 of gift vouchers, and have to pay the remainder by cash, debit card, or credit card). It is unknown what will happen to gift vouchers after the last day of trading on the 22nd December.