Abstract: A combination envelope and greeting card having a detachable card structure which is removable from the envelope and can function separately as a greeting card. Portions of some of the panels of the envelope can be separated from the envelope along lines of perforation, forming cards having two or more panels. The combination envelope and greeting card structure can also comprise a detachable display strip which includes an adhesive display assembly for securing the card structure when displayed in a standing position. Photograph retaining structures can also be included on one or more card panels.