provides an exiting way to win items that could have cost a lot of money on regular sites. It helps people to secure savings on a variety of items including electronics, home appliances, promotional cards, meal cards, furniture and software among others. Customers purchase credit packs which they use in stead of bids for various items. Rather than using timers for their auctions, pennygrab.com sets an automatically generated deal price which can be achieved by anyone as the bidding progresses. Whoever matches that secret price wins the item. Customers can buy items either by participating in penny auctions or purchasing them at their regular retail price.