How to use my gift card balance to buy Apple care?

How to use my gift card balance to buy Apple care?

Looks like it is not possible.

Apple Care is not listed here -> What you can buy with your Apple Gift Card or Apple ID balance

What you can buy with your Apple Gift Card or Apple Account balance – Apple Support (UK)

Redeem a gift card with your iPhone, iPad, or iPod touch

1. Find the 16-digit code on the back of the card. ... 
2. On your iPhone, iPad, or iPod touch, open the App Store app.
3. At the top of the screen, tap the sign-in button or your photo.
4. Tap Redeem Gift Card or Code. ... 
5. Tap Use Camera and follow the instructions on the screen.

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How to redeem your Apple Gift Card or App Store & iTunes gift ...

You can, but you must use it at the time of purchase (when buying the device). If you're buying an AppleCare+ subscription, then it'll be used first before your credit card.