The background of this card is stamped with Versamark and sprinkled with Iridescent Ice EP, then heated for a sparkly background. The red square is punched with the Scallop Border Punch - just center your paper in the punch and going all the way around, punch each of the 4 sides identically. The white stamped layer uses a stamp from a Hostess Level I set called Punches Three and is punched out with the Scallop Square Punch. Simple card to make and so pretty.
(My scanner doesn't do the colors justice; the ribbon actually does match the CS pretty well.)