Have you heard of penny auctions? Some people rave about how you can buy amazing things for pennies on the dollar. But the thing is, there's a catch. Each "penny" bid usually costs a dollar each. So if you bid on a $50 gift card, and it goes for $0.75, that means that there are $75 of bids there. And if you don't win, you still lose your bidding chances.
That's where YouNeverLose comes in. You pay for your points, and you bid just like a penny auction site. The difference is, the money you pay for the points goes to get you a giftcard of your choice. So I paid $25 to get $25 points and got a $25 Gap gift card, with free shipping. So I really wasn't out any money if I didn't win, and when I won my first auction, I had only used 2 points to get my $25 Whole Foods gift card.
If you like the excitement of penny auctions, or you're looking for a good deal, check the site out. I was happy with my experience, and it's true - you aren't going to lose your money here! Make sure you familiarize yourself with how penny auctions work before bidding, to maximize your chances.
Disclosure: I received some free bidding points in exchange for this review.
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