The 1998 Alfred Dunhill Cup was the 14th Alfred Dunhill Cup. It was a team tournament featuring 16 countries, each represented by three players. The Cup was played 8–11 October at the Old Course at St Andrews in Scotland. The sponsor was the Alfred Dunhill company. The South African team of Ernie Els, David Frost, and Retief Goosen beat the Spanish team of Miguel Ángel Jiménez, Santiago Luna, and José María Olazábal in the final. It was the second win for South Africa, with the same team having won in 1997.