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.
14 ‘iBid2Save’ Reviews
This is not an honest penny auction - you can win anything - pay big for it and then NOT RECEIVE ANYTHING! They took $100 from me because I trusted them like I trusted other penny auctions that I've participated in. I am looking far and wide online to find litigation against them and complaints - because I want to get on the wagon to get my money back! STAY AWAY - go to Quibids, which is legit!
What a racket!
I "won" $500 in restaurant money. What they do not tell you until you win and pay for it is that you have to pay the 35 fee for winning, even though I won for a penny/ Then this $500 isn't in actual money. It is for a coupon site that you can print up coupons for food, but most are BOGO free (up to $5). It's pretty lame. I "won" the free cruise trip as well. The charges are insane and there is no way it is worth it. It is a site that is just selling you stuff, but giving you the impression that it is valuable because you WON it. What a joke!
Just read all the reviews and left my comments. It took me a bit to figure out the whole auction fee thing at ibid2save, but once I started doing the math I realized this site presented alot of opportunity for me to do well if I was smart. First of all I did my research, these guys have been around for a couple years, so they must be doing something right if they were still around. Most penny auctions dont have alot of stuff up for auction, force you to buy bids, and its super hard to win anything. You just end up buying bids, and most people lose money or are forced to buy the product over retail because they mark up what they really buy it for by like 30-40%. So I just focus on gift cards on those sites, ibid2save does not force you to buy anything including bids. I loved that. I also loved how easy it was to win compared to the other sites. I bought over 170 items so far in the past 2 months and have go everything including gift cards. I have done all my holiday shopping, birthday shopping for my family, and got some cute stuff for me. I love all the ecodes to by the way. They are really some great deals if you win one! I gave 2 cruises I won as gifts to my mom, and my bother's family who had not gone on a vacation in 3 years! They cried they were so happy. Anyways getting too personal. Lets talk ibid. So most people on this review site it seems are sticker shocked when they win and see that they have to pay an auction fee when you check out. My advice is to realize that you are almost always getting promobids included in any auction you win. So if you count the value of those, plus the value of what you won, you really get a great deal if you dont get into a bidding war that goes too high. Out of everything I have won I was happy with what I got for what I paid, especially with all the bids. Now I have a great deal of bids that I can used to win gift cards and maybe a Macbook if Im smart with my bidding. I like that they have an autobidder too by the way. An easy way that I track my progress is on their statistics page which is super cool. Makes it easy to understand. Guessing most people on here dont use that either. Well hope this helps, I found my new home for sure for bidding and having fun. So happy I found ibid2SAVE!
Scam of the century
Won an auction for a pedometer which I was happy to pay for since it was only $10.24. I paid and waited and waited and waited then 22 days after I get an email saying "sorry but your item is out of stock, we are willing to give you 250 bids that would otherwise cost 5 dollars more than the retail on the pedometer". This is just ridiculous, how exactly do you auction something you don't actually have than as a compensation you give bids instead of the money? I'm extremely displeased with this site and will not buy anything more from it.
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.
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.
Should have gone with my gut ... you cannot get something for nothing ... what a rip-off!! And BEWARE OF DOWNLOADING THE TOOLBAR -- IT WILL NOT GO AWAY!!!
Not a great deal. The hidden charges make the "deal" not so good.