diff --git a/src/core/memory_card_image.cpp b/src/core/memory_card_image.cpp
index 3287fc1ef..b09ec898c 100644
--- a/src/core/memory_card_image.cpp
+++ b/src/core/memory_card_image.cpp
@@ -223,15 +223,19 @@ u32 GetFreeBlockCount(const DataArray& data)
   return count;
 }
 
-std::vector<FileInfo> EnumerateFiles(const DataArray& data)
+std::vector<FileInfo> EnumerateFiles(const DataArray& data, bool include_deleted)
 {
   std::vector<FileInfo> files;
 
   for (u32 dir_frame = 1; dir_frame < FRAMES_PER_BLOCK; dir_frame++)
   {
     const DirectoryFrame* df = GetFramePtr<DirectoryFrame>(data, 0, dir_frame);
-    if (df->block_allocation_state != 0x51)
+    if (df->block_allocation_state != 0x51 &&
+        (!include_deleted || (df->block_allocation_state != 0xA1 && df->block_allocation_state != 0xA2 &&
+                              df->block_allocation_state != 0xA3)))
+    {
       continue;
+    }
 
     u32 filename_length = 0;
     while (filename_length < sizeof(df->filename) && df->filename[filename_length] != '\0')
@@ -242,6 +246,7 @@ std::vector<FileInfo> EnumerateFiles(const DataArray& data)
     fi.first_block = dir_frame;
     fi.size = df->file_size;
     fi.num_blocks = 1;
+    fi.deleted = (df->block_allocation_state != 0x51);
 
     const DirectoryFrame* next_df = df;
     while (next_df->next_block_number < (NUM_BLOCKS - 1) && fi.num_blocks < FRAMES_PER_BLOCK)
@@ -373,7 +378,7 @@ bool WriteFile(DataArray* data, const std::string_view& filename, const std::vec
   return true;
 }
 
-bool DeleteFile(DataArray* data, const FileInfo& fi)
+bool DeleteFile(DataArray* data, const FileInfo& fi, bool clear_sectors)
 {
   Log_InfoPrintf("Deleting '%s' from memory card (%u blocks)", fi.filename.c_str(), fi.num_blocks);
 
@@ -382,13 +387,20 @@ bool DeleteFile(DataArray* data, const FileInfo& fi)
   {
     DirectoryFrame* df = GetFramePtr<DirectoryFrame>(data, 0, block_number);
     block_number = ZeroExtend32(df->next_block_number) + 1;
-    std::memset(df, 0, sizeof(DirectoryFrame));
-    if (i == 0)
-      df->block_allocation_state = 0xA1;
-    else if (i == (fi.num_blocks - 1))
-      df->block_allocation_state = 0xA3;
+    if (clear_sectors)
+    {
+      std::memset(df, 0, sizeof(DirectoryFrame));
+      df->block_allocation_state = 0xA0;
+    }
     else
-      df->block_allocation_state = 0xA2;
+    {
+      if (i == 0)
+        df->block_allocation_state = 0xA1;
+      else if (i == (fi.num_blocks - 1))
+        df->block_allocation_state = 0xA3;
+      else
+        df->block_allocation_state = 0xA2;
+    }
 
     df->next_block_number = 0xFFFF;
     UpdateChecksum(df);
@@ -397,6 +409,83 @@ bool DeleteFile(DataArray* data, const FileInfo& fi)
   return true;
 }
 
+bool UndeleteFile(DataArray* data, const FileInfo& fi)
+{
+  if (!fi.deleted)
+  {
+    Log_ErrorPrintf("File '%s' is not deleted", fi.filename.c_str());
+    return false;
+  }
+
+  Log_InfoPrintf("Undeleting '%s' from memory card (%u blocks)", fi.filename.c_str(), fi.num_blocks);
+
+  // check that all blocks are present first
+  u32 block_number = fi.first_block;
+  for (u32 i = 0; i < fi.num_blocks && (block_number > 0 && block_number < NUM_BLOCKS); i++)
+  {
+    DirectoryFrame* df = GetFramePtr<DirectoryFrame>(data, 0, block_number);
+    block_number = ZeroExtend32(df->next_block_number) + 1;
+
+    if (i == 0)
+    {
+      if (df->block_allocation_state != 0xA1)
+      {
+        Log_ErrorPrintf("Incorrect block state for %u, expected 0xA1 got 0x%02X", df->block_allocation_state);
+        return false;
+      }
+    }
+    else if (i == (fi.num_blocks - 1))
+    {
+      if (df->block_allocation_state != 0xA3)
+      {
+        Log_ErrorPrintf("Incorrect block state for %u, expected 0xA3 got 0x%02X", df->block_allocation_state);
+        return false;
+      }
+    }
+    else
+    {
+      if (df->block_allocation_state != 0xA2)
+      {
+        Log_WarningPrintf("Incorrect block state for %u, expected 0xA2 got 0x%02X", df->block_allocation_state);
+        return false;
+      }
+    }
+  }
+
+  block_number = fi.first_block;
+  for (u32 i = 0; i < fi.num_blocks && (block_number > 0 && block_number < NUM_BLOCKS); i++)
+  {
+    DirectoryFrame* df = GetFramePtr<DirectoryFrame>(data, 0, block_number);
+    block_number = ZeroExtend32(df->next_block_number) + 1;
+
+    if (i == 0)
+    {
+      if (df->block_allocation_state != 0xA1)
+        Log_WarningPrintf("Incorrect block state for %u, expected 0xA1 got 0x%02X", df->block_allocation_state);
+
+      df->block_allocation_state = 0x51;
+    }
+    else if (i == (fi.num_blocks - 1))
+    {
+      if (df->block_allocation_state != 0xA3)
+        Log_WarningPrintf("Incorrect block state for %u, expected 0xA3 got 0x%02X", df->block_allocation_state);
+
+      df->block_allocation_state = 0x53;
+    }
+    else
+    {
+      if (df->block_allocation_state != 0xA2)
+        Log_WarningPrintf("Incorrect block state for %u, expected 0xA2 got 0x%02X", df->block_allocation_state);
+
+      df->block_allocation_state = 0x52;
+    }
+
+    UpdateChecksum(df);
+  }
+
+  return true;
+}
+
 static bool ImportCardMCD(DataArray* data, const char* filename, std::vector<u8> file_data)
 {
   if (file_data.size() != DATA_SIZE)
@@ -542,17 +631,6 @@ static bool ImportSaveWithDirectoryFrame(DataArray* data, const char* filename,
     return false;
   }
 
-  // Make sure there isn't already a save with the same name
-  std::vector<FileInfo> fileinfos = EnumerateFiles(*data);
-  for (const FileInfo& fi : fileinfos)
-  {
-    if (fi.filename.compare(0, sizeof(df.filename), df.filename) == 0)
-    {
-      Log_ErrorPrintf("Save file with the same name already exists in memory card");
-      return false;
-    }
-  }
-
   std::vector<u8> blocks = std::vector<u8>(static_cast<size_t>(df.file_size));
   if (stream->Read(blocks.data(), df.file_size) != df.file_size)
   {
@@ -560,6 +638,29 @@ static bool ImportSaveWithDirectoryFrame(DataArray* data, const char* filename,
     return false;
   }
 
+  const u32 num_blocks = (static_cast<u32>(blocks.size()) + (BLOCK_SIZE - 1)) / BLOCK_SIZE;
+  if (GetFreeBlockCount(*data) < num_blocks)
+  {
+    Log_ErrorPrintf("Failed to write file to memory card: insufficient free blocks");
+    return false;
+  }
+
+  // Make sure there isn't already a save with the same name
+  std::vector<FileInfo> fileinfos = EnumerateFiles(*data, true);
+  for (const FileInfo& fi : fileinfos)
+  {
+    if (fi.filename.compare(0, sizeof(df.filename), df.filename) == 0)
+    {
+      if (!fi.deleted)
+      {
+        Log_ErrorPrintf("Save file with the same name '%s' already exists in memory card", fi.filename.c_str());
+        return false;
+      }
+
+      DeleteFile(data, fi, true);
+    }
+  }
+
   return WriteFile(data, df.filename, blocks);
 }
 
@@ -575,17 +676,6 @@ static bool ImportRawSave(DataArray* data, const char* filename, const FILESYSTE
   if (save_name.length() > DirectoryFrame::FILE_NAME_LENGTH)
     save_name.erase(DirectoryFrame::FILE_NAME_LENGTH);
 
-  // Make sure there isn't already a save with the same name
-  std::vector<FileInfo> fileinfos = EnumerateFiles(*data);
-  for (const FileInfo& fi : fileinfos)
-  {
-    if (fi.filename.compare(save_name) == 0)
-    {
-      Log_ErrorPrintf("Save file with the same name (%s) already exists in memory card", save_name.c_str());
-      return false;
-    }
-  }
-
   std::optional<std::vector<u8>> blocks = FileSystem::ReadBinaryFile(filename);
   if (!blocks.has_value())
   {
@@ -593,6 +683,29 @@ static bool ImportRawSave(DataArray* data, const char* filename, const FILESYSTE
     return false;
   }
 
+  const u32 num_blocks = (static_cast<u32>(blocks->size()) + (BLOCK_SIZE - 1)) / BLOCK_SIZE;
+  if (GetFreeBlockCount(*data) < num_blocks)
+  {
+    Log_ErrorPrintf("Failed to write file to memory card: insufficient free blocks");
+    return false;
+  }
+
+  // Make sure there isn't already a save with the same name
+  std::vector<FileInfo> fileinfos = EnumerateFiles(*data, true);
+  for (const FileInfo& fi : fileinfos)
+  {
+    if (fi.filename.compare(save_name) == 0)
+    {
+      if (!fi.deleted)
+      {
+        Log_ErrorPrintf("Save file with the same name '%s' already exists in memory card", fi.filename.c_str());
+        return false;
+      }
+
+      DeleteFile(data, fi, true);
+    }
+  }
+
   return WriteFile(data, save_name, blocks.value());
 }
 
diff --git a/src/core/memory_card_image.h b/src/core/memory_card_image.h
index d047b26a2..4cee3cbb5 100644
--- a/src/core/memory_card_image.h
+++ b/src/core/memory_card_image.h
@@ -39,16 +39,18 @@ struct FileInfo
   u32 size;
   u32 first_block;
   u32 num_blocks;
+  bool deleted;
 
   std::vector<IconFrame> icon_frames;
 };
 
 bool IsValid(const DataArray& data);
 u32 GetFreeBlockCount(const DataArray& data);
-std::vector<FileInfo> EnumerateFiles(const DataArray& data);
+std::vector<FileInfo> EnumerateFiles(const DataArray& data, bool include_deleted);
 bool ReadFile(const DataArray& data, const FileInfo& fi, std::vector<u8>* buffer);
 bool WriteFile(DataArray* data, const std::string_view& filename, const std::vector<u8>& buffer);
-bool DeleteFile(DataArray* data, const FileInfo& fi);
+bool DeleteFile(DataArray* data, const FileInfo& fi, bool clear_sectors);
+bool UndeleteFile(DataArray* data, const FileInfo& fi);
 bool ImportCard(DataArray* data, const char* filename);
 bool ImportCard(DataArray* data, const char* filename, std::vector<u8> file_data);
 bool ExportSave(DataArray* data, const FileInfo& fi, const char* filename);
diff --git a/src/duckstation-qt/memorycardeditordialog.cpp b/src/duckstation-qt/memorycardeditordialog.cpp
index a09cf23cd..8b9dad13e 100644
--- a/src/duckstation-qt/memorycardeditordialog.cpp
+++ b/src/duckstation-qt/memorycardeditordialog.cpp
@@ -105,6 +105,7 @@ void MemoryCardEditorDialog::connectUi()
   connect(m_ui.moveLeft, &QPushButton::clicked, this, &MemoryCardEditorDialog::doCopyFile);
   connect(m_ui.moveRight, &QPushButton::clicked, this, &MemoryCardEditorDialog::doCopyFile);
   connect(m_ui.deleteFile, &QPushButton::clicked, this, &MemoryCardEditorDialog::doDeleteFile);
+  connect(m_ui.undeleteFile, &QPushButton::clicked, this, &MemoryCardEditorDialog::doUndeleteFile);
 
   connect(m_ui.cardAPath, QOverload<int>::of(&QComboBox::currentIndexChanged),
           [this](int index) { loadCardFromComboBox(&m_card_a, index); });
@@ -219,11 +220,20 @@ bool MemoryCardEditorDialog::loadCard(const QString& filename, Card* card)
   return true;
 }
 
+static void setCardTableItemProperties(QTableWidgetItem* item, const MemoryCardImage::FileInfo& fi)
+{
+  if (fi.deleted)
+  {
+    item->setBackground(Qt::darkRed);
+    item->setForeground(Qt::white);
+  }
+}
+
 void MemoryCardEditorDialog::updateCardTable(Card* card)
 {
   card->table->setRowCount(0);
 
-  card->files = MemoryCardImage::EnumerateFiles(card->data);
+  card->files = MemoryCardImage::EnumerateFiles(card->data, true);
   for (const MemoryCardImage::FileInfo& fi : card->files)
   {
     const int row = card->table->rowCount();
@@ -235,13 +245,26 @@ void MemoryCardEditorDialog::updateCardTable(Card* card)
                          MemoryCardImage::ICON_HEIGHT, QImage::Format_RGBA8888);
 
       QTableWidgetItem* icon = new QTableWidgetItem();
+      setCardTableItemProperties(icon, fi);
       icon->setIcon(QIcon(QPixmap::fromImage(image)));
       card->table->setItem(row, 0, icon);
     }
 
-    card->table->setItem(row, 1, new QTableWidgetItem(QString::fromStdString(fi.title)));
-    card->table->setItem(row, 2, new QTableWidgetItem(QString::fromStdString(fi.filename)));
-    card->table->setItem(row, 3, new QTableWidgetItem(QString::number(fi.num_blocks)));
+    QString title_str(QString::fromStdString(fi.title));
+    if (fi.deleted)
+      title_str += tr(" (Deleted)");
+
+    QTableWidgetItem* item = new QTableWidgetItem(title_str);
+    setCardTableItemProperties(item, fi);
+    card->table->setItem(row, 1, item);
+
+    item = new QTableWidgetItem(QString::fromStdString(fi.filename));
+    setCardTableItemProperties(item, fi);
+    card->table->setItem(row, 2, item);
+
+    item = new QTableWidgetItem(QString::number(fi.num_blocks));
+    setCardTableItemProperties(item, fi);
+    card->table->setItem(row, 3, item);
   }
 }
 
@@ -390,9 +413,9 @@ void MemoryCardEditorDialog::doCopyFile()
   }
 
   clearSelection();
+  setCardDirty(dst);
   updateCardTable(dst);
   updateCardBlocksFree(dst);
-  setCardDirty(dst);
   updateButtonState();
 }
 
@@ -402,16 +425,38 @@ void MemoryCardEditorDialog::doDeleteFile()
   if (!fi)
     return;
 
-  if (!MemoryCardImage::DeleteFile(&card->data, *fi))
+  if (!MemoryCardImage::DeleteFile(&card->data, *fi, fi->deleted))
   {
     QMessageBox::critical(this, tr("Error"), tr("Failed to delete file %1").arg(QString::fromStdString(fi->filename)));
     return;
   }
 
   clearSelection();
+  setCardDirty(card);
   updateCardTable(card);
   updateCardBlocksFree(card);
+  updateButtonState();
+}
+
+void MemoryCardEditorDialog::doUndeleteFile()
+{
+  const auto [card, fi] = getSelectedFile();
+  if (!fi)
+    return;
+
+  if (!MemoryCardImage::UndeleteFile(&card->data, *fi))
+  {
+    QMessageBox::critical(
+      this, tr("Error"),
+      tr("Failed to undelete file %1. The file may have been partially overwritten by another save.")
+        .arg(QString::fromStdString(fi->filename)));
+    return;
+  }
+
+  clearSelection();
   setCardDirty(card);
+  updateCardTable(card);
+  updateCardBlocksFree(card);
   updateButtonState();
 }
 
@@ -455,9 +500,9 @@ void MemoryCardEditorDialog::importCard(Card* card)
   clearSelection();
 
   card->data = *temp;
+  setCardDirty(card);
   updateCardTable(card);
   updateCardBlocksFree(card);
-  setCardDirty(card);
   updateButtonState();
 }
 
@@ -478,9 +523,9 @@ void MemoryCardEditorDialog::formatCard(Card* card)
 
   MemoryCardImage::Format(&card->data);
 
+  setCardDirty(card);
   updateCardTable(card);
   updateCardBlocksFree(card);
-  setCardDirty(card);
   updateButtonState();
 }
 
@@ -500,9 +545,9 @@ void MemoryCardEditorDialog::importSaveFile(Card* card)
     return;
   }
 
+  setCardDirty(card);
   updateCardTable(card);
   updateCardBlocksFree(card);
-  setCardDirty(card);
 }
 
 std::tuple<MemoryCardEditorDialog::Card*, const MemoryCardImage::FileInfo*> MemoryCardEditorDialog::getSelectedFile()
@@ -530,10 +575,12 @@ void MemoryCardEditorDialog::updateButtonState()
   const auto [selected_card, selected_file] = getSelectedFile();
   const bool is_card_b = (selected_card == &m_card_b);
   const bool has_selection = (selected_file != nullptr);
+  const bool is_deleted = (selected_file != nullptr && selected_file->deleted);
   const bool card_a_present = !m_card_a.filename.empty();
   const bool card_b_present = !m_card_b.filename.empty();
   const bool both_cards_present = card_a_present && card_b_present;
   m_ui.deleteFile->setEnabled(has_selection);
+  m_ui.undeleteFile->setEnabled(is_deleted);
   m_ui.exportFile->setEnabled(has_selection);
   m_ui.moveLeft->setEnabled(both_cards_present && has_selection && is_card_b);
   m_ui.moveRight->setEnabled(both_cards_present && has_selection && !is_card_b);
diff --git a/src/duckstation-qt/memorycardeditordialog.h b/src/duckstation-qt/memorycardeditordialog.h
index e18f69d9d..e5435e7c9 100644
--- a/src/duckstation-qt/memorycardeditordialog.h
+++ b/src/duckstation-qt/memorycardeditordialog.h
@@ -29,6 +29,7 @@ private Q_SLOTS:
   void onCardBSelectionChanged();
   void doCopyFile();
   void doDeleteFile();
+  void doUndeleteFile();
 
 private:
   struct Card
diff --git a/src/duckstation-qt/memorycardeditordialog.ui b/src/duckstation-qt/memorycardeditordialog.ui
index 9c7d2bb7b..74f2425d2 100644
--- a/src/duckstation-qt/memorycardeditordialog.ui
+++ b/src/duckstation-qt/memorycardeditordialog.ui
@@ -288,6 +288,16 @@
        </property>
       </widget>
      </item>
+    <item>
+      <widget class="QPushButton" name="undeleteFile">
+       <property name="enabled">
+        <bool>false</bool>
+       </property>
+       <property name="text">
+        <string>Undelete File</string>
+       </property>
+      </widget>
+     </item>
      <item>
       <widget class="QPushButton" name="exportFile">
        <property name="enabled">