Recently I have started to create photoshop text effects also called photoshop styles. Besides offering free resources, I have also a huge collection of premium text effects with unique and interesting motives.
Photoshop styles are mostly underestimated but they are a huge help for creating quick text effects. They can be also used on shapes, images, backgrounds and other layers.
Regardless if you are an amateur, a student or a veteran designer you can find text effects for your creations as book and CD covers, greeting cards, website and blog etc.
Premium text effects can be bought on Eligo Design Gumroad
Here is a preview of some single text effects which are part of the style set described in the image.