You ordinarily earn two points per dollar spent on dining, so this is an additional point per dollar. Beyond that, you earn a 7% annual points dividend for all points earned, so in the end you’re really earning 3.21 points per dollar spent on dining tomorrow.
For November the first Friday of the month also happens to be the first day of the month, which is tomorrow (happy Halloween everyone!).
While this obviously doesn’t make a huge difference for a normal meal (though it’s as good an excuse for a night out as any, in my opinion), the greater benefit comes from thinking a bit more creatively.
For example, one of my friends got married last month, on the first Saturday in October. She was able to talk her reception venue in to running the charges the night previously, so she earned triple points on her entire catering bill. When you’re talking about that kind of volume, that makes quite a difference.
Another way to take advantage of the triple points offer would be to stock up on gift cards for local restaurants or coffee shops you frequent throughout the month. Again, it’s not a huge difference, but if you pick up even an extra 100 points a month that does add up over time, so why leave points on the table?
When it comes to chain restaurants, however, I actually try to purchase restaurant gift cards at office supply stores using my Ink Plus® Business Credit Card. I earn 5x Ultimate Rewards points per dollar spent there, and they have gift cards for many chain restaurants.
For example, I regrettably pick up food at Cheesecake Factory quite a bit. I can’t cook for the life of me and the salmon on their “Skinnilicious” menu isn’t half bad. So earning 5x points by purchasing Cheesecake Factory gift cards at Staples works great for me, and is an easy 5,000 points a year.
(In the interest of full disclosure, I earn a referral bonus for anyone approved through the above links. All are for the best available offers. Thanks for your support!)