I made this little card & transformed it into a gift card holder by not putting adhesive along the top of the "purse" (plus, I added ribbon).
The trick to making the purse is to start with a 5-1/4" x 4" piece of c/s & a 5" x 3-3/4" piece of c/s. Make a mark along the long edge of both pieces 1/2" from either end. Cut from the opposite corner to the mark & you'll have a layered piece that will resemble a purse - especially when you top it off with a half of a Top Note Die Cut Piece.
Confused? Look at the picture. I'll bet you can do it. It may be easier to view the video in
this post of stamperdog.com.