The below is from the Apple Website explaining the gift card.
*** Offer valid on qualifying purchases of eligible Apple products from November 29, 2024 to December 2, 2024 at a qualifying location. Offer subject to availability. Qualifying purchases can receive a discount equal to the value of the eligible Apple Gift Card off the price of the eligible product and will be charged for all items at checkout, including the Apple Gift Card.
This offer cannot be combined with the Apple Employee Purchase Plan, education or business loyalty pricing. Some methods of payment are not accepted under this offer. See checkout for details. Additional restrictions apply. View full terms and conditions of offer here.