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.
Disclaimer: This review was written by an independent third party. For any comments or factual corrections, please email info@bestpennyauctionsites.org.
About WellBid.com
- 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
- Twitter:
- BBB Rating:
WellBid Reviews
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.
PENNY AUCTION COMPARISON GUIDE
| Website | Editor's Rating | Type | Best Features | ||
|---|---|---|---|---|---|
 |  Read Review | Penny Auction | Many auctions available from TV's to home appliances, featuring beginner auctions, free shipping, great reputation. | @dealdash | |
 |  Review Coming Soon | E-commerce | Huge online marketplace, many perks with prime membership including 2-day free shipping | @amazon | |
 | Read Review | Free Auction | Largest marketplace to find online auctions, with many categories, offers buy it now and promotions | @ebay | |
 | Read Review | Free Auction, E-commerce | Offers products across all categories, similar to eBay, less expensive for sellers so slightly lower prices. | @bonanza | |
 |  Read Review | Penny Auction | Always free shipping. You can earn free bids by referring friends and family. | @centbids | |
 |  Read Review | Free Auction | Many auctions are available in all categories, unique product offering. | @ebid | |
 | Read Review | Free Auction, E-commerce | Offers vacation & travel auctions, excellent Deal of the Day section with unique buy it now offers. | @ubid | |
 | Read Review | Free Auction | Steal of the Day section, various categories with authentic police seized, stolen, abandoned and surplus goods. | @propertyroom | |
 | Read Review | Penny Auction | Special events to win extra bids, prizes, or other incentives, shipping is free, refer-a-friend program to earn free bids. | @orangebidz | |
 | Read Review | Penny Auction, E-commerce | Free shipping on almost everything, auctions available in many categories laptops and tablets to purses and jewelry. | @quibids | |
 | Read Review | Free Auction, E-commerce | Various product categories from jewelry to electronics featuring high paced auctions, with Buy It Now options. | @tophatter | |
 | Read Review | Penny Auction, E-commerce | Primabids store where you can buy it now, winners can re-sell products which they’ve won, gift cards, games, and many other products. | @primabids | |
 | Read Review | Penny Auction | Beginner Auctions, buy it auctions, offers auctions in many categories and discounts for new bidders. | @wellbid | |
 | Read Review | Free Auction | Offers government Auction information for thousands of yearly government auctions, bank foreclosure, car, truck, and other automobile auctions | @policeauctions |
WellBid User Ratings and Reviews
The reviews below were submitted by users, and solely reflect the views of the individuals who submitted them. Users were not compensated for leaving a review.
Submit your review | |
Wellbid also claim that you can 'Buy It Now' at a much higher supposed RRP, within 24 hours of the auction ending and get all of your bids placed back. This is a total lie and when you complain, you are ignored or told that the issue has gone to their 'technical department' and to expect an answer, which after a week still hasn't arrived! Leave well alone.
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