A reverse auction is an auction where the winner is the person who bids the lowest unique bid. You may well have seen them online (for example at Dixons and Million21) as well as featured on the radio (The Wave in Swansea are always promoting them). The drawback to reverse auctions is that they often cost money, but if you join Bid and Click they’ll give you 200 free credits!

You can then use these free credits to have a go at the open auctions. You could use your credits to try and win a Nintendo Wii (150 credits), Playstation 3 (150 credits), Pen and Pencil MontBlanc set worth £560 (150 credits), iRobot Roomba (150 credits), iPhone 3G (150 credits) or even a Mini Cooper (200 credits).

To get the free credits you need to register and then (and this is important) invite 2 friends to join Bid and Click. Do that and you will immediately receive 200 Free Credits to use for your first bids.

If you decide to purchase credits and enter the reverse auction competitions then you can get extra free credits depending on how much you spend. The cheapest buying option is £15 for 15,000 credits (meaning each competition is roughly £1.50 a go) which seems a tad expensive.

Join Bid and Click!