WellBid is a fairly new penny auction website which has taken the industry by storm launching auctions in over 8 countries. Wellbid seems to keep a consistent flow of new penny auctions throughout the day. What’s most unique about this penny auction is the ability for winners to get cash credit for penny auction wins. That’s right, WellBid will deposit the value of the won item into your PayPal account.
- Website: wellbid.com
- Competition: Medium
- Coupon Codes: None at this time
- Free bids at sign-up: 0
- Other ways to get free bids: Bids are half price on your first purchase (sign-up bids)
- Address: Nicosia (Cyprus) P.C. 1065 Arch. Makariou III, 2-4/703
- Phone number: +357 22 676126
- Facebook: facebook.com/wellbid
- BBB Rating:
WellBid offers the two most important penny auction features- 1) Beginner auctions and 2) Buy It Auctions. Beginner auctions on Wellbid are available to all new bidders. In Buy It auctions, your bids are refunded if you decide to buy the auction item at the listed price.
WellBid Auction Features
- Beginner Auctions
- Buy It Auctions
- Discounts for new bidders
Common Wellbid Auction Items
- Cameras and camera accessories
- Tablets and laptops: iPads, Galaxy Tablets, Acer Computers, iPods, MP# players, etc.
- Gift cards: All denominations from Amazon, Walmart, gas cards, fast food, etc.
- Small home appliances: Blenders, toasters,
- Gadgets: Remote controlled toys, iPod speakers, etc.
- Video games and video game consoles
- Overall good variety of penny auction items
WellBid Shipping and Fees
WellBid.com charges for shipping on most auctions. Shipping prices are displayed on each product’s auction page.
Is WellBid a Scam?
We have not read too many accounts of bad experiences on WellBid.
WellBid Pros and Cons
- WellBid Pros: Lots of auctions
- WellBid Cons: We caution bidders to look out for the fact that not all WellBid auctions use 1 bid per click. We think that this is a little strange and can be confusing. Look for the Bid X button (shown below) on each auction page.