YouNeverLose.com is an online auction which follows the penny auction / pay-to-play format. You Never Lose is a penny auction that is all about the gift cards and pre-paid credit cards. If you’re in the market for these items, it’s worth checking out. However, the diversity in products is lacking compared to many other penny auction websites.
How YouNeverLose.com Works
- You purchase reward points (aka “bids”) in $25 increments (each dollar equals one reward point), and get a reward card to a retailer of your choice (including restaurants, movie tickets, LLBean, Nike Store, etc.) for the same amount you spend. Reward cards are shipped free and arrive in your mailbox in 2 to 4 business days. Yes, this means your reward points are FREE after netting the value of your reward card!
- Use your reward points as bids on highly-desirable gift cards that are put up for auction at a starting price of $.00 and for a pre-determined auction time. Each time you cast a reward point, the auction price goes up by $.01 and you become the highest player.
- In the last two minutes of the auction, things heat up. Each time a bid is placed, the auction time increases by 20 seconds in order to give other players a chance to respond to rival bids. It’s like being at a live auction with the auctioneer pronouncing, “going…going…gone!”
- If you’re the lucky winner when the auction clock ends, you have the right or option to buy the gift card you want at the ending price.
Right now, it doesn’t look like YouNeverLose.com has that many daily auctions but the closed auctions make it look like there still may be deals to be found.
Read reviews from YouNeverLose.com below.