QuiBids 101 — How It Works
1. Register for free
Create your account in seconds and receive 10 free promo bids to get started.
2. Buy bid packs
Bid credits let you participate in auctions. Paid credits also carry real cash value: every paid bid you place on an item lowers its Buy Now price for you.
3. Bid on live auctions
Each auction starts at $0.00 and has a countdown timer. When you click BID NOW:
- 1 bid credit is deducted from your balance
- the price rises by the bid step ($0.01)
- the timer is extended so others can counter-bid
4. Win — or Buy Now
If the timer reaches zero and no one else bids, the last bidder wins at the final price. Never worry about losing your bids: anyone who placed at least one bid can use Buy Now to purchase the item at the retail price minus the value of their paid bids — you never pay more than retail.
Frequently Asked Questions
What is a penny auction?
A penny auction starts at $0.00. Every bid raises the price by a small step and extends the countdown — the last bidder wins.
What happens if I lose?
You still keep the value of your paid bids: use Buy Now to purchase the item at retail minus your paid bids value.
What are promo bids?
Promo bids are reward credits you can use for bidding. They do not count toward the Buy Now discount.
How do I pay for my win?
Wins are charged immediately and appear in My Orders. Buy Now purchases are charged the moment you confirm.
Can I really win for pennies?
Yes — that is the fun of it! The final price is set by the last bidder, so it can be far below retail.