However, I do not see a bank which will offer EMV without a foreign transaction fee on the same card. If you had one card with EMV and (say) a 3% fee, and one or more cards with no fee, how would you actually use them when travelling?
What FTer only carries and uses one card?
I have a card that I use exclusively for gas & groceries & drug (because it earns 4+ UA miles for every $), but I don't use it for anything else. That earning rate is better than the 3% forex, so I still use it that way overseas.
Then I have a Diners Club card that I use for auto rentals on which I've declined CDW. The coverage is more worth it to me than the 3% forex.
Then I have one or two cards (at least one which I'll keep for years) that has no forex and earns
something. I would tend to use them for most everything else overseas.
But then, as long as it wasn't a card that I had
solely for chip use, I could use any card that had a chip only in those situations where no other card would work. That would presumably be only a fraction of my purchases on the trip, so it wouldn't be so big a deal if it charged forex (especially if it still earned something useful).
So while it'd be nice to have EMV (chip) on a card that I also have no forex fees on (like my Priority Club Select Visa from Chase, one of the banks looking to use EMV), it's not as important to me as having
some card in my wallet that has EMV.