YES!!! I did this on black friday ... I used a $150 gift card there.
are you talking about the store credit they just give you a sheet of paper for though? (I sent in a bag for repairs and they just sent me a letter giving me store credit ... not sure if they do that with other stuff) I know they had to call a number and put in a code for that, so the outlet might not take it.
but the gift cards for sure!