Dining out is a popular pastime for many Americans. In fact, according to Statista, the average person in the United States spends $36 per week on eating out.
If you're looking for ways to save money on dining, using a credit card that offers rewards for restaurant purchases is a great option.
In this blog post, we will discuss the best credit cards for dining and provide information about the benefits of each card.
We'll also give you tips on how to use your credit card to get the most rewards when you eat out!
Best Credit Cards For Dining in 2023 Table of Contents
What Are Credit Cards For Dining?
Credit cards for dining are becoming more and more popular as people realize the benefits they offer. Dining credit cards typically offer rewards such as cash back or points that can be redeemed for free meals.
They can also offer other perks, such as discounts at restaurants, freebies, and even access to exclusive events.
There are a few things to keep in mind when choosing a credit card for dining.
First, consider what type of eater you are. Are you someone who dines out often? Or do you only eat out on special occasions?
Second, think about the types of restaurants you frequent most often. Do you prefer casual dining or fine dining?
Third, take into account any restrictions or limitations that might be placed on the card. For example, some cards may only be valid at certain restaurants or only offer rewards on certain days of the week.
What Are The Different Types of Credit Cards For Dining?
There are four different types of credit cards for dining: cash back, rewards, business, and travel.
Cash back credit cards offer a percentage of your purchase price back to you in the form of cash or points. For example, if you spend $100 at a restaurant, you may get $105 back with a cash back card.
Rewards credit cards offer points or miles that can be redeemed for travel, merchandise, or cash back. For example, you may earn two points per dollar spent at restaurants with a rewards card. These points can then be redeemed for a free flight or hotel stay.
Business credit cards are designed for businesses and offer perks such as employee cards, special financing options, and spending limits. Business credit cards also offer rewards and cash back programs.
Travel credit cards are best for those who dine out frequently while traveling. Travel credit cards offer perks such as airport lounge access, free checked bags, and statement credits for Global Entry or TSA PreCheck fees. Many travel credit cards also offer rewards and cash back.
What Are The Benefits of Getting Credit Cards For Dining?
There are a few key benefits to getting credit cards for dining. The first benefit is that you can earn rewards points for every dollar you spend on food. This can add up over time, and eventually lead to free meals or even cash back.
Another benefit of having a credit card for dining is that it can help you save money. Many credit cards offer discounts at restaurants, which can help you save a significant amount of money over time.
Additionally, some credit cards offer 0% APR financing for a certain period of time, which can help you save even more money if you plan on making a large purchase at a restaurant.
Finally, having a credit card for dining can also help you build your credit score. If you use your credit card responsibly and make your payments on time, you can improve your credit score over time. This can lead to better interest rates on loans and credit cards in the future.
What Are The Best Credit Cards For Dining?
If you're like me, then you love to eat out. Whether it's a nice dinner with friends or family, or just grabbing a quick bite on the go, there's nothing better than good food. But let's be honest, eating out can get expensive. That's why I've put together a list of the best credit cards for dining, so you can save some money and still enjoy your meals.
Here are the best credit cards for dining:
Capital One Savor Cash Rewards Credit Card
The Capital One Savor Cash Rewards Credit Card offers unlimited cash back on all purchases, including dining. There's no annual fee and you'll earn a $150 bonus after spending $500 in the first three months.
Chase Sapphire Preferred® Card
The Chase Sapphire Preferred Card is a great choice for dining, as you'll earn double points on all travel and dining purchases. There's also no foreign transaction fees, so it's perfect for international travelers. You'll also get a $50 statement credit after your first purchase with the card.
Citi® / AAdvantage Platinum Select World Elite Mastercard
The Citi® / AAdvantage Platinum Select World Elite Mastercard offers double miles on American Airlines purchases, including food and beverages purchased on flights. You'll also get preferred boarding and free checked bags when you use the card to book your flight. There's an annual fee of $95, but it's waived for the first year.
These are just a few of the best credit cards for dining.
How to Decide Which Type of Credit Cards For Dining You Want?
Cash back or points? This is probably the most common question people ask when trying to decide which type of credit card is best for them. And the answer is, it depends on how you spend your money.
If you dine out often, then a cash back card may be a better option for you.
However, if you travel often, then a points card may be a better choice.
Here are some things to consider when trying to decide which type of credit card is best for you:
- How much do you spend on dining?
- Do you travel often?
- What type of rewards do you prefer?
- How much are annual fees?
- Is there a sign-up bonus?
The best credit card for dining really depends on your individual spending habits. There is no one size fits all answer.
You'll need to consider how much you spend on dining, whether you travel often, what type of rewards you prefer, and how much annual fees are.
Once you've considered all of these factors, you'll be able to decide which type of credit card is best for you.
How Many Credit Cards For Dining Should Someone Have?
There's no one answer to this question. It really depends on how much you dine out, and where you dine.
If you're a casual diner who only eats out a few times a week, then one or two credit cards should be plenty.
But if you're a more frequent diner who likes to eat at upscale restaurants, then you'll need more credit cards to get the best rewards.
What Credit Limit Do Credit Cards For Dining Have?
Most Credit Cards For Dining have a credit limit of $500. This is the highest credit limit that you can get with this type of card. If you want to get a higher credit limit, you will need to apply for a different type of credit card.
Do Credit Cards For Dining Report to The Three Major Credit Bureaus?
Most people think that credit cards for dining only report to one credit bureau, but this is not the case.
In fact, all three major credit bureaus (Experian, TransUnion, and Equifax) will receive reports from your credit card issuer if you use your card for dining purchases.
This is important because it means that your payment history will be reflected on all three of your credit reports.
What is The Best Way to Use Credit Cards For Dining?
If you're like most people, you probably use your credit card for dining out on a regular basis. But what's the best way to use your credit card for dining?
Here are a few tips:
Use a Rewards Credit Card
If you dine out often, using a rewards credit card can help you earn points or cash back on your purchases. Just be sure to pay off your balance in full each month to avoid interest charges.
Look For Special Promotions
Many credit cards offer special promotions for dining, such as discounts or bonus points. Be sure to check with your credit card issuer to see if any specials are currently available.
Use Your Points Wisely
If you have a rewards credit card, be sure to redeem your points for dining-related rewards. For example, many cards offer airline miles that can be used for free or discounted travel. Or, you may be able to redeem your points for gift certificates to restaurants or other retailers.
By following these tips, you can make the most of your credit card when dining out. Just be sure to pay off your balance in full each month to avoid interest charges and keep your spending under control.
Do The Best Credit Cards For Dining Have Any Annual Fees?
The best credit cards for dining typically have no annual fees. This makes them more affordable and easier to use than cards that do charge an annual fee.
However, there are a few exceptions to this rule.
Some of the best credit cards for dining may have an annual fee, but it is usually waived the first year.
Additionally, some of the best credit cards for dining may offer rewards or perks that make up for the annual fee.
For example, some cards may offer cash back on dining purchases or give you access to exclusive events and experiences.
Do The Best Credit Cards For Dining Offer 0% APR?
The best credit cards for dining offer 0% APR financing on your purchases. That means you'll save money on interest and avoid paying any annual fees. Plus, you'll earn rewards like cash back or points toward free travel.
Do The Best Credit Cards For Dining Come With Sign-Up Bonuses?
The best credit cards for dining often come with sign-up bonuses. For example, the Chase Sapphire Reserve® offers a $300 travel credit as an introductory offer.
Other top cards for dining, such as the American Express Gold Card, offer credits that can be used at select restaurants.
However, if you're not interested in a particular card's bonus offers, you can still find plenty of great cards for dining without them.
Best Credit Cards For Dining With Bad Credit
If you're looking for the best credit cards for dining with bad credit, you've come to the right place. In this article, we'll show you a few of the best options available.
Bad credit can make it difficult to get approved for a traditional credit card. However, there are still plenty of great options out there for those with less-than-perfect credit. Let's take a look at a few of the best credit cards for dining with bad credit:
The Capital One® Platinum Credit Card is a great option for those with bad credit. With no annual fee and a decent rewards program, this card can help you save money on your dining expenses.
Another great option is the Discover it® Secured Credit Card. This card offers cash back rewards on your dining expenses, and it has no annual fee. It's also a great option for those with bad credit, as it requires a security deposit to get started.
Does Amex Have Credit Cards For Dining?
Yes, American Express has a few great options for credit cards that offer rewards for dining.
The Amex Gold Card and the Amex Platinum Card both offer great rewards for dining purchases, including bonus points at restaurants worldwide.
If you're looking for a card that offers more flexibility in how you redeem your rewards, the Amex Membership Rewards program offers a variety of redemption options, including cash back, gift cards, and travel.
Is It Easy to Qualify for Credit Cards For Dining?
The best credit cards for dining typically require a good to excellent credit score for approval. That means a FICO® Score☉ of 670 or higher. But there are a few cards that will approve you with a lower score, as long as you have enough income to support the card’s payments.