In April 2016, Capital One barely redeemed itself, matching the local "best" rate. Schwab had one good day and one terrible day. Seeing this large of a spread in points between the "best" local rates and the rates given by Visa/MC just adds to the confusion of how the money exchange business really operates!
April 11, 2016 (Capital One Credit Card)
(Schwab ATM Checking Card Overseas Cash Withdrawal)
April 21, 2016 (Capital One Credit Card)
(Schwab ATM Card Withdrawal)