Denny's vs. IHOP: Who Has the Best Breakfast Value Meal?

The race to win customers back from the grocery is going full speed ahead.

Denny's / IHOP
Updated Aug. 14, 2024
Fact checked

We receive compensation from the products and services mentioned in this story, but the opinions are the author's own. Compensation may impact where offers appear. We have not included all available products or offers. Learn more about how we make money and our editorial policies.

Can quick-service fast-casual restaurants lure customers away from eating at home? Denny's and IHOP are joining the race to offer the best value meals. The cost of eating out has become too high for many households, and restaurants are combating this by offering low-cost value meals that are affordable for customers on a tight budget. 

Value meals aren't the only way to stretch your fast food budget, but they are a good way to return the occasional treat back into daily life for those who have turned away in recent years. 

Consumers are proving that price really keeps people away, as the return to affordable value meals is proving successful for fast-food and fast-casual chain restaurants. Denny's and IHOP are the latest restaurants to offer value meal options for breakfast; see how they compare. 

Earn $200 cash rewards bonus with this incredible card

There's a credit card that's making waves with its amazing bonus and benefits. The Wells Fargo Active Cash® Card(Rates and fees) has no annual fee and you can earn $200 after spending $500 in purchases in the first 3 months.

The Active Cash Card puts cash back into your wallet. Cardholders can earn unlimited 2% cash rewards on purchases — easy! That's one of the best cash rewards options available.

This card also offers an intro APR of 0% for 12 months from account opening on purchases and qualifying balance transfers (then 20.24%, 25.24%, or 29.99% Variable). Which is great for someone who wants a break from high interest rates, while still earning rewards.

The best part? There's no annual fee.

Click here to apply now.

Denny's

Nick Fox - stock.adobe.com Denny's sign

In a few weeks, Denny's will resurrect its $2-$4-$6-$8 menu — which hasn't been seen since 2020 when the global COVID-19 pandemic ravaged the industry. 

Denny's made the announcement during its earnings call for the second quarter and also plans to include a $10 option. What food combos will be available hasn't been announced yet, but diners hope it holds up to the previous menu, which included $2 items like a biscuit with sausage gravy, an egg, and a hazelnut crepe. 


IHOP

wolterke - stock.adobe.com IHOP exterior

IHOP is temporarily bringing back all-you-can-eat pancakes for $5. The deal gets a five-stack of fluffy buttermilk pancakes and then endless refills in two-pancake increments. 

The special is only running until Sept. 15, so you won't want to wait if you need to eat pancakes until you're too full to eat another bite. 

Which is better?

Kristina Blokhin - stock.adobe.com Denny's value menu billboard

While Denny's menu hasn't been revealed yet, their 2,4,6,8 deal is likely to bring better value and more repeat customers than the limited-time promotion IHOP is offering with their pancake-exclusive breakfast deal. 

Denny's strategy seems aimed at keeping food priced so families can afford to dine there multiple times a week rather than a one-trick pony to boost sales real quick before they taper off again. 

Stop overpaying when you shop online

Shopping online has its perks. It's super convenient, but it can be time consuming to find the best deals. Instead of hunting for coupon codes (that don't always work!) and opening tons of browser tabs comparing prices, you can try Capital One Shopping.

Capital One Shopping makes saving money effortless. Just add the browser extension and when you check out, it'll scour the internet for coupon codes to help you save cash. And before you check out at 25+ major retailers, Capital One Shopping will notify you with a friendly pop-up if the item you're buying is available cheaper somewhere else.

Capital One Shopping is free to use and won't show you ads. Add it today and stop overpaying!1

Get Capital One Shopping now


Bottom line

Joshua Resnick Breakfast foods

Consumers are using their wallets to tell restaurants that the only thing keeping them away is the price. Fast-food and fast-casual options saw rising prices and wait times on par with higher-quality restaurants, making the choice of where to dine easy. 

The return to value meal options appeals to consumer demands and seems to be working, as more restaurants offer their own twists on the concept. 

Grocery store prices have shoppers worried about the rising cost of food, too, so restaurants that can offer meals for less than it costs to make at home have a real chance of returning customers to dine out — after all, the last thing many people want after a long day of work is to cook an elaborate meal that requires grocery budget hacks to afford. 


Lucrative, Flat-Rate Cash Rewards

5.0

Wells Fargo Active Cash® Card

Current Offer

$200 cash rewards bonus after spending $500 in purchases in the first 3 months

Annual Fee

$0

Rewards Rate

Earn unlimited 2% cash rewards on purchases

Benefits and Drawbacks
Card Details