Our auctions offer an opportunity for members to purchase Caltex StarCash Cards
at 95% below face value by securing the
highest unique bid.
 

Your goal is to secure the Highest Unique Bid. (HUB)

Bid entering fee is 2 credits. You do NOT pay for the value of the bid until you are the successful bidder.

A UNIQUE bid means that there is only 1 bid of that value in the auction. If two or more participants enter a bid of the same value, then the bid of that value is no longer unique and becomes void.

There are hundreds of unique bids that can be entered in an auction when it opens but as the auction proceeds more and more of them will become void as members enter the same values.

Every auction has a reserve. The reserve is the number of bids that has to be received to cover the purchase costs of the auctioned StarCash card.

The moment an auction attains the reserve number of bids, it starts counting down to closing time, which will be 48 hours later.
A countdown to closing time appears on our home page, in your members area and on the 'auction page'.

If the computer determines at auction closing time that your bid of say, $2.35 is the highest unique bid in that auction, and the value of the auctioned card is say $500, we will send you the $500 auctioned StarCash card and you only have to pay $2.35 for it.


 
Auction ID
1294
Admin Fee
$ 2.00
Max bid
$ 8.99
Card Value
$ 500.00
Reserve bids
297
Increment
$ 0.01
 
 
 
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