Here's a pic of the supplies that we will be using (I've noted the measurements as we go along)
Cut a 8 1/2 X 11 old olive CS in half lengthwise so that you have two pieces measuring 4 1/4 X 11. Score one of the pieces 2 3/4 on each end so that it looks like this: 
Using a small corner rounder, scallop the edges. Then, to make the scalloped edge "stand out", I used a 1" X 4 1/4" strip of real red cardstock so you can see the scallop. Using your adhesive, apply two rolls (side by side) of adhesive (if you are using a 1/4" adhesive). You want to leave open only the width of the gift card otherwise it will slide around and fall out!
I Embellish the pocket using the mega scalloped oval punch using real red cardstock and the super jumbo oval punch using vanilla cardstock. Stamp your sentiment and add your bling. 
For the front cover, I cut a piece of DS Dashing paper 4 1/4" X 5 1/2" and a strip 2" X 5 1/2". 5/8" grosgrain ribbon to go around the band and tie a knot.
Embellish with the mega scalloped rectangle punch using real red cardstock and super jumbo rectangle punch using vanilla cardstock and stamp your sentiment (I used Merry Christmas from the All Holidays stamp set).
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Not too bad huh? I'm planning to make a bunch and put them in the translucent envelopes! Thanks for stopping by and bearing with my simple tutorial. Now you know why I don't do too many!! Oh, the photos were taken courtesy of my son, Nolan. He wanted to be sure I gave him credit - ha! I don't know how you ladies take pictures of your projects while you do the projects, is there a trick?? Let me know how you all like this tutorial and if you decide to give this card a whirl, don't forget to email me a pic of it or comment with your link. I'd love to post them for all to see!!