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Bidding on prepaid gift cards

YouNeverLose.com believes it has set itself apart from penny auctions by promising you won't leave empty-handed even if you lose the bid.

That's because for every dollar you spend in buying points to play in the auctions, you can choose a prepaid gift card of equal value, even if you lost the bid.

The site initially offers prepaid gift cards at a 90 to 95 percent discount off retail price for companies including Amazon, Home Depot, and American Express, MasterCard, and Visa.

So, have you tried it? Does it deliver the goods?

Let me know what you think.

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