What credit cards charges the least for overseas purchases?

Bankrate says that for making purchases, Capital One and Discover, with Wachovia and Washington Mutual not far behind. For making ATM withdrawals, it's Capital One.

Capital One charges 0% fee for credit card purchase made in foreign currency, no fee for debit card purchases made in foreign currency, and no fee for ATM withdrawal made in foreign country/currency.

The worst are 5/3 bank, JP Morgan Chase, and Citibank, with 3% penalties across the board.

Chalk up Capital One's niceness to their cosmopolitan and well-traveled Viking spokesmen? — BEN POPKEN

Currency conversion fees [Bankrate]
(Photo: Sam Wilkinson)