PennyGrab New Buy Now Future Allows Cheap Gift Card Deals

LOS ANGELES, May 16, 2014 /PRNewswire-iReach/ -- PennyGrab's penny auctions are a new and exciting way to win big on items that you'd have to spend hundreds, or even thousands to get through traditional retail or other online auction sites. We stand out from the competition by offering great savings, plenty of fun ways to get in on the action, and a user experience that simply cannot be beat.

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We also feature "Buy Now" options for every member. Each auction features two items that are up for grabs. The first can be won through the auction, and the second will start at its retail price. When more people bid on the auctioned item, the price of the retail item goes down. That means everyone has a chance to win on the items they're after!

Even more exciting, PennyGrab has changed the rules on the Buy Now function for gift cards. Now everyone can purchase a gift card that is at a discount when bids have been placed on it. That makes it even easier to get great gift cards for yourself or a loved one. Whether you want to save up for gifts to give out during the holidays, or you just want to treat yourself, these gift cards are just part of what PennyGrab different from other penny auction sites online.

If you've never used a penny auction site before, you may be wondering how they work, and why PennyGrab is different. Here's how:

• When you sign up, we give you the option to buy a "Credit Pack." You can use credits from that pack to place bids on items that you're interested in.
• Other bidders can place their own penny credit, or they can try to beat you to the punch with our Blitz feature.
• The price goes up by one penny until the Hidden Random Reserve Price is met. The bidder that matches the randomly generated reserve price wins!
• Safe, Secure, and Fun

You may have seen other penny auction sites online. With hundreds to choose from, we're glad that you're interested in PennyGrab! The truth is that many of these competing sites are "fly by night" operations that try to gather your money, and your user information, as quickly as possible.

PennyGrab is confident that our users should be confident in us. We're backed by one of the Internet's Top 500 Retail Websites. We've invested a lot of time and energy into our research and innovation in the penny auction site market, so that we could become one of the most trusted penny auction sites online. We've also invested heavily into our customer support, and are constantly making improvements based on customer feedback.

Want to hear more about PennyGrab? Check out our Chat feature, and you can get connected live with one of our real Members! You can ask questions, find out more about what PennyGrab has to offer, or learn more information on the bidding process, and hear about some really great wins. Just contact us, or one of our members, and you'll quickly discover what makes PennyGrab one of the best online auction sites in the world. 

Media Contact: Jess Payton, JP Media, 310-972-1195, [email protected]

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SOURCE PennyGrab