Answer:
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Establish Giving Levels
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Administration>Setup>Giving Levels
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New Set
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First amount is minimum
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Tab to Display and enter range
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Select Add to enter the next level
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Repeat until all levels have been entered
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Save>Name this 'set' of Giving Levels - you can create as many sets as you like
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Reports>Financial>Donor Report by Giving Level
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Select query criteria>OK
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Select Options Tab
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Select Amount to Group by (these are 'total type' defined fields built from the Gift card, either system supplied or user created)
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Choose Giving Level Definition (set)
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Run
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