The team-3 cape is a wilderness cape that can be purchased for 50 coins from Larry. Another player with the same team cape equipped will show up on the minimap as a blue dot rather than white, and the left-click "Attack" option will be moved to a right-click, as if the other player is of higher level than the player. If two players are wearing different team capes, then the "Attack" option for each other will both be left-click, regardless if one player has a higher combat level.
Team capes are popular in Wilderness Warbands to prevent accidentally attacking allied players. Team capes are a popular choice for free players due to its affordability, better looks compared to single-coloured capes, and better bonuses.