opensky Gold Card Agreement SKY2

Capital Bank's filed agreement for opensky Gold Card Agreement SKY2 V211 discloses a 29.99% purchase APR and a $59 annual fee. The purchase rate sits at roughly the 74th percentile of the 4,587 agreements indexed here.

What the document actually states

Capital Bank filed this agreement for opensky Gold Card Agreement SKY2 V211 with the Consumer Financial Protection Bureau. The filing runs 14 pages, and It is issued on the Visa network.

On the record here: a purchase rate, an annual fee line, a late payment maximum, a foreign transaction fee and a grace period. It is silent on a cash advance rate, a balance transfer rate and a penalty rate.

Where the purchase APR sits

Set beside the rest of the index, the purchase APR of 29.99% lands at the 74th percentile; it runs above the midpoint of the corpus.

Unusually for this corpus, the filing labels the purchase rate as fixed rather than variable — the overwhelming majority of agreements indexed here disclose variable pricing.

The arithmetic of revolving

A $1,200 balance left untouched for twelve months accrues about $419 in interest at this purchase rate.

On a median-priced agreement from this index (21.99%) the same $1,200 would run about $295 a year, so this card costs in the region of $124 more annually for the identical balance.

Per statement cycle that is on the order of $29.93 on $1,200, which is the number that actually shows up on a bill.

That maths assumes a static balance and nothing else — no payments, no additional purchases, no fees folded in.

Where the fees are

Holding the card costs $59 a year before any transaction takes place — about the 89th percentile among agreements in this index that state a fee.

Cash advances carry a cash advance fee of $10 or 3% of the advance, whichever is greater. Advances under roughly $333 are charged the flat $10; larger ones are charged 3%.

The filing sets a 3% foreign transaction fee, which adds roughly $30 to $1,000 spent outside the United States.

That is at the high end of this corpus — around the 91st percentile of disclosed foreign transaction fees.

Default pricing

$41 is the disclosed ceiling on a late payment fee, placing it near the 89th percentile of the set.

Paying in full

Anyone clearing the statement balance inside 25 days pays no purchase interest at all under this filing. That matches the 25-day median across the corpus almost exactly.

A minimum interest charge of $1 applies in any cycle where interest is due, which makes very small revolving balances disproportionately expensive.

The limits of this document

Absent from the captured terms: balance transfer terms and penalty pricing. The original document is the place to look for any of these.

An agreement filing is not a marketing document. Rewards, perks, welcome offers and eligibility rules are not in it, are not in this dataset, and are therefore not discussed anywhere on this page.

The issuer's other agreements

Capital Bank has 16 agreements indexed on this site. Their disclosed purchase rates run from 23.89% to 29.99%, and this one at 29.99% is more expensive than 12 of them.

Go to the source

The original filing, 14 pages long, is linked on this page and should be read before any figure here is acted on. It is also a snapshot: issuers refile as terms change.

In short

The pricing here is middling by the standards of the index — 29.99% on purchases is near enough to typical. The $59 annual fee is charged regardless of use, so it is a cost that applies even to an account that never revolves.