Introducing Bido Credits
Bido Credits are used by Bido members to perform a number of operations within the website. Bido credits function in lieu of money and are purchasable by members. Single Bido Credits cost $8.88 with discounted packets also available. Bido Credits do not expire. They remain in your account until you use them or exchange them.
| Credits | Price |
| 1 Bido Credit | $8.88 |
| 10-pack of Bido Credits | $68.99 |
| 50-pack of Bido Credits | $289.99 |
| 100-pack of Bido Credits | $444.44 |
You can buy Bido Credits using any major credit card, or with your PayPal account. You may also pre-fund your Bido account with a wire (contact us for more information).
To place a purchase using your credit card or PayPal account, please go to the Bido Payment Page.
Uses for Bido Credits
Auction Acceleration
You may use Bido Credits to accelerate an item to auction and skip the voting process. The fee to do this is one Bido Credit per $1,000 (or portion thereof) of your BidoPrice. Used Bido Credits are returned back to your account when:
- Your auction sells with a winner, or
- if you accept the high bid within 24 hours (if your BidoPrice was not met) when you used Bido Credit(s) to accelerate to auction
Used Bido Credit(s) are returned back to your account at the same time Bido pays out your auction proceeds. If your auction does not sell, your credits are not returned.
Vote For Profits
You may exchange one Bido Credit for 2220 Voting Points. Voting Points are used to vote on submitted inventory as part of Bido’s Vote For Profits program. If an item of inventory you voted for goes to auction and sells, you'll earn a percentage of the sales price, up to .77 percent. Participation in this program can result in hundreds of dollars in profits for you, just for voting on inventory you think will sell in auction.
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