Website: www.PremioEfectivo.com
Jorge Yakovliev
Apartado 01918-0830
Panama, 0830
Panama
Phone: +507.3220030 begin_of_the_skype_highlighting +507.3220030 end_of_the_skype_highlighting
Fax..: +507.3220020
Email: yakjor@yahoo.com
Domain Registered: August 2009
PAI Member Rating:
(4 votes, average: 2.75 out of 5)
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PremioEfectivo.com stands out by offering some of the cheapest bids in the penny auction industry today. Bids come in packages of 100, 200 and 400, but the real surprise is how much they cost. For only $10.00, you get to have 100 bids, $15.00 gets you 200 bids and finally, 400 bids come in at only $20.00. That’s roughly around 5 to 10 cents a bid.
Now you might be thinking there’s a catch right? To be frank, we’re not saying PremioEfectivo (effective prize in English, by the way) is perfect, but they are pretty darn close to achieving that status. We’ve yet to hear anything really negative about the site, just a few complaints here and there about item variety and timer issues.
But before we get to that, allow us to give you a brief overview about PremioEfectivo.
After you’ve purchased your bids, you can then check out the auctions on the site. There are about 4 main auctions on PremioEfectivo, so it’s important to know which one you should participate in if you want to win.
The first auction type is the ‘Cent Auction’. Cent Auctions are what we call the “regular auctions” in other PA sites, in which each bid placed on an item raises its price by 1-cent increments, hence the name, ‘Cent Auction’.
The next type is the NailBiter Auction. This auction is more nerve-wracking, with members prohibited from using autobidders, which means that they have to be present when bidding. This auction also gives everyone a fair chance of winning the auctioned item.
The third auction type is the Beginner Auction. Only members who have never won an item can participate in this auction.
Last but not least is the Open Auction, an auction where everybody can join in, including those who have reached the site’s monthly win-limit.
PremioEfectivo.com is generating a lot of interest because of its superb customer support and speedy shipping. Perhaps the only beef we have with the site is its limited number of auctions and site glitches every now and then.