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.
7 ‘iBid2Save’ Reviews
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.
I am not sure what to do
I got an email from someone on how to make money on the internet. One was to get on this site. you get 25 free bids. Well, with that 25 bids, I won almost every auction including trips to the carribean, I think a total of around 7000.00 retail. they want me to pay 60-90 doillars for each one to claim the prize. No one else was bidding on these. it was to easy. It was fun to win and hope for a bit but I have a sneaky feeling if I pay the fee I am not going to get the prizes or they will keep my debit card on file. I have to go with my gut and say this site is some kind of scam. I am going to leave it alone. Anyone else have this problem?
I bid on some of the mystery *treasure* items and won some for a penny each thinking I would find out what they were at the end of the auction. But they want to charge me 65 dollars for an auction fee and not even know what I am getting until it gets to my house. Has anyone won one of these and actually got anything in the mail or is it a scam. Im afraid they are sending me 20 dollars worth of something and charging me 70
You have to be very careful here... there is a huge hidden fee that only shows up on one small line at the end just before checkout. Thought I won 25 cent auction, clicked through a little too fast and didn't read the fine print. Ended up paying $9.25 because of the auction fee.