I love being introduced to new and exciting websites especially ones that offer juicy discounts. YouNeverLose.com is an amazing new site that auctions off gift cards to retailers like Amazon, Apple and Wal-Mart at serious discounts at savings up to 90% off retail.
I was able to test out You Never Lose. I liked how easy and quick the sign up process was. If you love gift cards and love discounts, this will be a useful and resourceful site to shop and have fun while doing it. I have to say my least favorite feature of the site is the end bidding because when it gets down to the last 20 seconds every time a bid is placed the time resets to 20 seconds. So until someone runs out of points to bid with, it could take a bit and I have to admit its a bit nerve racking and addicting.
You are probably thinking another penny auction site, but that’s not the case. YouNeverLose.com differs from other auction sites (like penny auctions and others) because instead of buying bids, you buy “lower-level” gift cards they call them Reward Cards to retailers like Gap, Staples, Payless and more, and for each Reward Card you buy, you get free points to play in the auctions for the “Dream Cards” to Amazon, Wal-Mart and more. In the typical penny auction, multiple players incrementally purchase bids on a particular item up for sale. Every time a bid is placed, the price of the item rises from zero by one cent until the allotted period of time is up. The person with the last bid wins the item for the final price listed. The main complaint with most penny auction sites; however, is a big one—those who do not win usually lose all the money they spend on bids. Let’s say you buy a $25 gift card as your initial reward card to start. You get the gift card mailed to you with FREE shipping but you will also get 25 reward points to bid with. So then you get to take your 25 reward points that you got for free and try to win other gift cards. So even if you don’t win with your reward points you still have the $25 gift card for your money so,You Never Lose.
Here’s how it works:
- Sign-up: Buy gift cards sent with free shipping. Receive free reward points to play in live auctions. Gift cards are put up for auction with a starting bid of 0.00 and it set with a pre-determined auction time (usually two hours).
- Play: Play reward points to win gift cards like Amazon, Apple, cash cards and others at more than 90% off. Each time a reward point is used (by you or others) the price goes up by only .01 cent You bid on the gift cards using points! In the last two minutes every time someone places a bid another 20 seconds is added to the time to give others a fair chance to bid.
- Play Again: Because every time you buy gift cards you get free reward points, you can play to win in auctions again and again!
You Never Lose would like for you also to test out the site. Use the code LAUNCH10 which gives you 10 point bonus when registering and buying their first gift card. Enter to win $25 in AMC tickets and 25 points to play in YNL auctions! To Enter simply use the Rafflecopter widget below.
a Rafflecopter giveaway
P.S. Gift Cards make the perfect Mother’s day gift!
I received a gift card for this review. All opinions are my own and not those of Youneverlose.com