The rate of a $500 Amazon gift card today can vary depending on various factors. It is important to note that gift cards are typically sold at face value, meaning you would pay $500 to obtain a $500 Amazon gift card directly from authorized retailers.

However, in some secondary markets or through certain transactions, there could be fluctuations. For example, if someone is desperate to sell their gift card quickly, they might offer it at a discounted rate. But this is not a common or reliable practice as Amazon gift cards are designed to have a fixed value for the amount stated on the card.

To ensure a proper and fair rate for a $500 Amazon gift card, it is advisable to purchase from legitimate sources such as Amazon itself or trusted retailers. This guarantees that you are getting the full value of the gift card and can use it without any issues to shop for a wide range of products on Amazon.