For the 1-year renewal, Amazon will renew on your behalf and you won't receive any renewal notices from the publisher. You can cancel anytime using Amazon’s Magazine Subscription Manager and receive a refund for any unshipped issues.
For some of the magazines I looked at, there's an option above "1 year auto-renewal" for "1 year (12 issues)." Those do not have auto-renew and still has the $5 credit. To be safe, make sure the $5 credit message is still visible after selecting that option.
I assume that we can use a GC to subscribe too
couple of notes from the terms:
Terms and Conditions:
Promotional offer of receiving a $5 Amazon.com credit is valid for all qualifying subscriptions of qualifying titles made before 11:59pm Pacific Time through June 27th, 2013.
Items placed in Shopping Cart overnight may not be eligible for promotion at time of checkout.
Value of the promotional credit is valid through 11:59pm Pacific Time August 27th, 2013.
The email will not be sent to customers that have opted out of receiving marketing emails from Amazon.com. If you have opted out of receiving marketing emails but still want this offer, you can opt back into receiving marketing emails prior to purchase, or contact Amazon customer service.
To opt back into marketing emails, go to "Your Account" and find "Email Preferences and Notifications". Click on the checkbox for special offers.
Qualifying magazines can only be sent to a valid U.S. address.
Promotion applies only to qualifying items sold by Amazon.com on the Amazon.com website.
Promotion does not apply to any products on other Amazon websites, including Amazon.ca, Amazon.cn, Amazon.co.uk, Amazon.de, Amazon.fr, Amazon.it, Amazon.es or Amazon.co.jp.
Unless the offer message indicates otherwise, the promotional offer applies to the lowest priced qualifying item(s).
Purchase price must be equal to or greater than the promotional credit amount.
Promotional credit applies only to complete orders shipping to a single address that meet all other promotional requirements.
No substitutions or rain checks.
Offer must be redeemed through the Shopping Cart. Does not apply to orders placed with 1-Click.
Shipping and handling charges apply to all products, including bonus items.
Offer may not be combined with other offers, including promotional certificates.
We reserve the right, at our sole discretion, to terminate or modify this promotion at any time.
Void if copied or transferred and where prohibited by law. Any other use constitutes fraud.
In the event of a return, promotional savings may be deducted from your refund.
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