This creates an really cool plastic text effect with just a few steps.

Step 1

Create a new image and fill the background with either a solid white, or a light gradient like mine.

Step 2

Double click the layer, check inner shadow and use the above settings.

Step 3 optional

Check outer glow and use the above settings.

Step 4

Check bevel and emboss and use the above settings.

Step 5

Lastly, check stroke and use the above settings.

Final Product

If you have any questions or comments, please post below so we can help you!