BidPoints: The Official Rules

Introducing BidPoints^SM
 

BidPoint^SM  Links

Purchasing BidPoints
BidPoint Examples
BidPoints Frequently Asked Questions (FAQ)

BidPoint^TM Basics

1. For auction wins up to $24.99 in US$, the fee is 25 BidPoints.
2. For auction wins of $25-$1,000 in US$, the fee is 1%, rounded down to the nearest penny. So if you win an item for $500 on eBay, the eSnipe fee is $5.
3. For auction wins of $1,000 and over in US$, the fee is a flat $10. If you buy a house for $350,000, the eSnipe fee is still just $10.
4. Foreign auctions: All auction wins for items denominated in non-US currency are charged a flat $1 fee, regardless of closing price.
5. Dutch Auction wins are charged a flat $1 fee, regardless of quantity, currency, or winning price.
6. To pay for eSnipe fees, you purchase BidPoints^SM. Each BidPoint costs 1 cent and pays for $1 of the final auction fee. So a fee of 25 BidPoints costs 25 cents. A fee of 500 BidPoints costs $5. You can pay even less by purchasing BidPoints in large quantities--the more BidPoints you buy at once, the less they cost.
7. You must buy at least $5 worth of BidPoints if you pay electronically, or $20 if you pay by mail using money order or check.
8. Mailed-in payments must be drawn on a U.S. bank and denominated in U.S. dollars.
9. You need not purchase BidPoints until you win an item. eSnipe reserves the right to discontinue service to users who have a negative balance and who have not purchased any BidPoints.
10. eSnipe reserves the right to relax its payment rules for selected users.
11. New users will get unlimited use of eSnipe for a free trial period. Once the free trial ends, any new bids placed will be subject to auction fees (BidPoint charges). After that trial period expires standard auction fees will apply.

BidPoints stay active as long as you do

BidPoints don't expire as long as you remain an active user. An active user is defined as anyone who has logged on to the eSnipe site within the last year. If a year passes and you do not log on, three attempts will be made to contact you by email over a period of a month. If at that time you cannot be reached, the BidPoints will expire.

eBay services not fully supported

Currently eSnipe works with any auction available to all members through the main www.ebay.com site by item number, and eBay Motors. We are still working on support for the following services.

• Specialty eBay sites such as eBay Premier, Mature Audiences, Half.com, Butterfields, and eBay Disney
• Multiple snipes (where you can place more than one snipe on the same item)