iBid2Save is a new penny auction website, which claims to give its members the ability to win top brand merchandise at up to 90% off the common retail price, including merchandise not sold on other penny auctions.
A “penny auction” is a specific type of auction in which you must purchase your bids before you can use them. On this website, each bid will cost you a minimum of $.60 each, depending on the size of the bid package you purchase.
Once you have purchased your bids, you can simply choose an item to begin bidding on. However, you must keep in mind that bids are non-refundable; if you lose the auction, you cannot recover those spent bids.
Remember to always keep in mind that the winner of the auction is the final bidder; not the person who bids the most. Users of traditional auctions have difficulty with this at times, resulting in complaints and frustration.
iBid2Save.com is similar to most other penny auction sites in their structure, but they claim that they are different from other penny auction sites in a couple of ways.
First, while they offer a wide selection of different types of items for auction with an emphasis on electronics, just like most penny auction sites, they also offer sporting event and concert tickets, which is not very common on other sites.
Second, they also give their members a chance to “earn” bids by participating in something called their “offer wall.” You choose an item from this wall in which you are interested and then you complete forms and/or a product purchase in exchange for a certain amount of bids.
You can also earn bids by using your social networking sites – Facebook, Twitter – or email to invite your friends and family to also become members. When they create their account, you’ll be given free bids.
Finally, they offer something they call a “Prime” account, which allows its members free Shipping and Handling on all items they win.
When deciding to become a member of a particular penny auction site, you should always do what you can to answer the question, “Is it safe?”
Penny auctions are not illegal, nor are they currently considered a gambling site, but certain sites have gained bad reputations due to their lack of customer service or merchandise issues. Always look for personal reviews of penny auction sites before becoming a member.
If you have any experience with this website, please leave your iBid2Save reviews below.
10 ‘iBid2Save’ Reviews
Unsure on ibid2save vacation
I bid and won a vacation package for 5 days/4 nights in Florida. I won for a penny and free shipping. I have to pay the auction few which is around $45. Was curious if anyone had purchased anything
Like this from this site and if they actually recieved it or was it a scam?
A very deceptive scam
This is a scam plain and simple. Stay away from it. You will be ripped off. They bid against you and drive the bids up. If you win, for example a $200 Walmart card and the winning bid is $178. You have to pay that $178 winning bid PLUS $49.95 for the "value" of the item. PLUS $7.95 for shipping which takes 6 to 8 weeks for delivery. Another words, you are overpaying for the this particular item which you could have easily purchased directly from the seller and saved your self over $40.
This is a site that works as a scam
I bid on a "SUPER TREASURE CHEST" that was supposed to be worth over $750 value and they hit me with an unexpected handling fee on that $750 value to a sum of $38. It took the company over two months to ship out my products and then it was only after I told them I was contacting my States Attorney General. This was supposed to contain 2-4 products. here is what I received.
1. A cheap metal wallet that retails for less then $9
2. A cheap little car charger that is bought in case loads.
Average price.......less then a dollar.
3. A $100 "shopping reward Ecard". That when you went on the
site to validate, you're informed that you "MUST" break this
$100 "ecard" down into 4 $25 ecards. You are then allowed
to pick out your 4 ecards from only 9 sites. NONE are well
known. Each site had NOTHING worth around the $25
"ecard" I supposedly won. In fact all merchandise on these
9 sites were priced at twice what you would normally pay on
any other given site. on top of this, these sites also charged
a high price for shipping. For example A $20 piece of jewelry
was listed at $40 plus an additional $12 for shipping. For me
to redeem my Ecard......I would have to spend additional
This is a scam site that keeps on taking your money. STAY AWAY.
Lower auction fees! Finally! Now this site is good
I agree for awile the auction fees were too high. I went back because they sent me an email with a coupon. I was happy to see the fees were much lower and I was getting some really great deals. I did all of my holiday shopping, and have tons of bids to try and win some really good stuff. Since this site does not force you to buy bids, gives free bids, and the auction fees are now reasonable I love ibid2save!
Auction Fees Too High
I was led to the site by My Points and received 25 free bids. I was so
surprised when I won every auction. This is not the case on most penny
auction sites. To my surprise, the auction fee and shipping was outrageous when I began to check out. I am going with my gut feeling and leave this site alone.