Last week we spoke with the founder of Pulse Auction, and he told us that this new penny auction site was created out of their teams’ frustrations with existing penny auction sites “where they wasted countless hours and dollars chasing product we could never win.”
Putting their own creative energy into brainstorming to find out how they could create a penny auction site where users wouldn’t have to experience the same frustration they did while bidding on other penny auction sites, they’ve created a system unlike the majority of penny auction sites which doesn’t require users to pay-per-bid.
Unlike a seat auction where users have to wait for auction seats to fill up and auctions to be scheduled, PulseAuction allows users to bid with unlimited bids after paying an auction entry price in the form of auction keys. Auction keys come in different colors per price and each item requires a specified color key. Keys are color coded to amounts and can be traded forKeys unlock users’ ability to place as many or as little bids as desired, up until the end price they want to pay for an item.
So far the majority of PulseAuctions’ items have ended with end prices at less than retail price, a Coach handbag at $80.50, $25 iTunes at $8.20, $15 Subway card for $5.30 are recently ended examples of this:
Pulse Auctions are currently running a grand opening promotion, the first 2,000 members are eligible for a chance to win a 46″ LCD HDTV.
Discuss & post your reviews in our penny auction forum.

Related posts:
- Pulse Auction Running Fundraising Event BID for Women in Distress on July 15th
- New Penny Auction to Sell Real Estate
- Pulse Auction 9-Month Anniversary Giveaway 50 Free Unlock Keys to PAW Members!
- 7 Mistakes Penny Auction Bidders Make and How to Avoid Them
- PennyPrizes.com Penny Auction with Mystery Items
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{ 7 comments… read them below or add one }
It’s as though my web browsers tend to freeze while in an active bidding window and it’s really annoying…
Very poor customer service!!! I wrote at least 4 mails to them regarding my won auctions, but they just didn’t answer!!! On top of that, they blocked my IP address.
I don’t think they will survive for long due to their such unprofessional behavior.
Rating : FIVE NEGATIVE STARS
I have won various items with PulseAuction.com and have had no problems with their site. I greatly enjoy the fact that I only have to purchase keys to bid on any item and am not charged everytime I bid on an item. This is very unique and hopefully other auction sites will entertain this way of bidding. I hope that this site is successful and I will be able to obtain various items at discounted prices.
I give PulseAuction.com a positive rating..
Rodeobid.com overcharged me by $149.95. The contact e-mail they gave me was not working. After much effort they finally said it would take two weeks to get my money back. No successful bids and I was out of bid money in less than an hour. I feel stupid and totally scammed.
Does anyone know if they accept pre-paid credit cards like Green Dot?
Not too sure, you should try maybe?
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