If you have a Netflix gift card (physical or digital), this video will show you how to redeem it so that the value will be added to your existing account, or it can be used to set up a brand new account. In involves taking the 16 digit code and putting it into a specific field.

Here's the official site mentioned in the video:
https://www.netflix.com/redeem

Here's some info found on the Netflix site:
Gift cards do not expire, which is printed on the back of each card.
Gift cards are nonrefundable. Once a Netflix gift card is applied to an account, you can watch Netflix until the gift card balance runs out.
Gift cards cannot be reloaded.
The gift card balance is added to your account and your next payment will be taken from the balance. We will send an email reminder 7 days before your balance runs out.
The currency of the gift card must match your billing currency to be successfully redeemed.

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