These are the directions on how to make that cute little gift card holder! I did not come up with this idea myself, and I'm sure there are other tutorials out there, but this is how I made this card.
Start with a 4 1/4" x 11" piece of cardstock.
Using a bone folder, fold in the middle.
Score at 3" and 8".
Fold at scored lines to make a "W" with the cardstock.
Flip cardstock over. Along one of the mountain folds, place a piece of sticky strip along the edge.
Adhere along edge of opposite fold, creating a seam.
This is what the cardstock should look like now, from the front.
Using an old credit card or gift card to guide you, mark the edges of the card. This will act as a guide for your punch.
Using the large oval punch, line punch up along one pencil mark, inserting punch so that the paper only goes in about half way and punch.
Repeat on opposite side.
Insert the oval punch into the center and punch out the point left by the previous punches.
Voila! Your gift card holder is complete! Decorate as you wish.