Gift cards count towards your offer. I have purchased 8 gift cards this week. If you clear your cache you item count will reflect your current total.
Paying with a gift card does NOT count towards bonuses. Buying a gift card from Ibotta does.
When you buy the gift card, you will immediately earn a percentage and your counts for weekly/monthly bonuses will be updated.
You can either use the gift card right away to pay for your purchase or you can save for later or give it away. Either way, you still earn the percentage and the bonus counts.
Side note, you will only receive credit for GC purchased made using
The second option you can use to purchase gift cards which are emailed, and does not reward you with a percentage refunded or credit as a purchase.