I did this card at a recent "Crazy for Chipboard" Class. Please check my website (link below) on the Techniques page for directions on how to make this card. I also uploaded the inside of this card so you can see how I punched a hole in the front of the card and stamped the "Smile" image on the inside of the card.
Accessories: Chocolate and cream grosgrain ribbon, pink 3/8 inch organdy ribbon, On Board accents, iridescent ice embossing powder, heat tool, 1 3/8 inch circle punch