Exactly yes. There are 4 choices for months and values of Spotify Premium gift cards.
- month subscription: $9.99
- month subscription: $30
- 6-month subscription: $60
- 12-month subscription: $99
Obviously, you can buy a year of Spotify as a gift and the 12-month one is surely the most cost-effective. It means you can get an extra 2 months of premium subscriptions with the payment for 10 months in total.