Here’s one more gift card holder in time for Graduation. I used one of Stampin’ Up’s small open end envelopes (6 ¾” x 2 ½”). You can buy cheap envelopes in this size but since the envelope is the base of your gift card holder go for quality. Score the bottom of your envelope at 2”, fold and punch the bottom edge with the scallop border punch to hold your gift card. Cut a 4 ¼” x 3” mat for the card insert and a piece of White 4” x 2 ¾”. I used the Round Tab punch for the tab.
The cap is 3 ½” square. Here's a video on how to make the tassel. I used crochet cotton for this one but I prefer the new baker’s twine for the tassels. It hangs so much nicer.