OpenSky Gold Card TC

The OpenSky Gold Card TC 203 filing from Capital Bank sets out a 23.9% purchase APR and a $59 annual fee. That purchase rate ranks near the 56th percentile across this corpus of 4,587 filings.

On the face of the filing

Capital Bank filed this agreement for OpenSky Gold Card TC 203 with the Consumer Financial Protection Bureau. The filing runs three pages, and It is issued on the Visa network.

The filing is explicit about 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.

The purchase rate in context

Set beside the rest of the index, the purchase APR of 23.9% lands at the 56th percentile; it is unremarkable against the rest of the set.

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.

What the rate means in dollars

The purchase rate turns a $1,000 revolving balance into roughly $270 of annual interest.

On a median-priced agreement from this index (21.99%) the same $1,000 would run about $246 a year, so this card costs in the region of $24 more annually for the identical balance.

Small balances do not get a proportionally small bill — the agreement imposes a $1 minimum interest charge in any month where interest applies.

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

What the card costs before you borrow

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.

Expressed in the card's own terms, the $59 fee equals about a year's interest on a $247 balance at the disclosed 23.9% purchase rate.

Cash advances carry a cash advance fee of $10 or 3% of the advance, whichever is greater and a cash advance APR of 23.9%. 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 $1,000 of overseas spending that is $30, 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.

The downside terms

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

Grace period and minimum charge

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.

The $1 minimum interest charge means the effective cost of carrying a very small balance is far higher than the quoted APR implies.

The issuer's other agreements

16 separate Capital Bank filings appear in the corpus. Across that lineup purchase rates span 23.89% to 29.99%; this filing's 23.9% sits above 2 of the comparable ones.

What is outside the disclosure

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.

The document itself

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

At 23.9% the purchase rate is close to ordinary for this corpus; nothing in the rate table sets this filing far apart from its peers. Note that the $59 annual fee falls due whether the card is used or not.