OpenSky Gold Card TC

On the record for OpenSky Gold Card TC 204: a 29.99% purchase APR and a $59 annual fee, filed by Capital Bank. That purchase rate ranks near the 74th percentile across this corpus of 4,587 filings.

What the agreement puts on the record

What follows is drawn entirely from Capital Bank's CFPB filing for OpenSky Gold Card TC 204. The filing runs three pages, and It is issued on the Visa network.

The disclosure covers a purchase rate, a cash advance rate, an annual fee line, a late payment maximum and a foreign transaction fee. No figure appears for a balance transfer rate and a penalty rate.

How the purchase rate compares

29.99% puts the purchase APR near the 74th percentile across 2,280 agreements, so it is dearer than the typical filing.

Because the rate is variable, the figure quoted is tied to an index and will drift with it. Nothing here is a fixed commitment.

The cost of carrying a balance

The purchase rate turns a $1,200 revolving balance into roughly $419 of annual interest.

Against the corpus median of 21.99%, that is approximately $124 a year of extra interest on the same $1,200.

Month to month it reads as about $29.93 per cycle on that balance.

These figures are arithmetic on the disclosed rate, not a quote: they assume the balance is never reduced, ignore any payments, and take no account of fees charged separately.

The fee structure

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.

For scale, $59 is approximately what $197 of revolving balance would cost in interest over twelve months at this card's 29.99% rate.

Taking cash against the card means a cash advance fee of $10 or 3% of the advance, whichever is greater and a cash advance APR of 29.99%. Cash advances also tend to fall outside any grace period, which means interest typically starts on day one rather than at the end of a billing cycle.

Foreign transactions attract 3%. On $3,000 of overseas spending that is $90, charged on top of whatever exchange rate applies.

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

What a missed payment costs

$40 is the disclosed ceiling on a late payment fee, placing it near the 72nd percentile of the set.

The no-interest path

Purchases carry a 25-day grace period: pay the statement in full inside it and the purchase rate never applies.

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

What the filing does not tell you

This page cannot tell you balance transfer terms and penalty pricing, because the filing's disclosure table as read does not contain them.

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.

Against the rest of Capital Bank's filings

16 separate Capital Bank filings appear in the corpus. The issuer's own range is 23.89%–29.99%. At 29.99%, this agreement is dearer than 12 of its siblings.

Go to the source

Everything here is a reading of the filed agreement, three pages of it, which is linked above and which governs. Terms also change between filings, so the date on the document matters.

In short

29.99% is an unexceptional purchase rate in this collection, and the rest of the terms follow the same pattern. Against that sits the $59 annual fee, which is unavoidable once the account is open.