Dispensationalism and covenant theology (along with their varieties) largely frame how evangelicals put their Bibles together. Each view attempts to serve as an interpretive grid for how to understand the metanarrative of Scripture. In this way, both systems function as examples of biblical theologies, i.e., “whole-Bible theologies,” which then lead to various systematic theological conclusions.
Yet it is well known that each system draws vastly different conclusions – not so much on primary gospel issues – but on significant theological matters which lead to differences among us. Specifically, we notice these differences in the doctrinal areas of ecclesiology and eschatology, but it is not limited to these matters, as we will seek to demonstrate. Thus it is helpful to establish the importance of biblical covenants by doing so through the lens of these two theological systems and discerning where they differ from each other especially in their understanding of these covenants.
In this way, our proposal is viewed against the backdrop of current views in the church.