Rules
TBnewswatch Online Auction
OFFICIAL RULES
1.) Registration
You must register a Tbnewswatch.com user account in order to bid in this auction. If you have registered for a Tbnewswatch.com account previously, such as for the classifieds, please log in and use that account. Registration only takes a few moments. Register or log in here: www.tbnewswatch.com/account
You must be logged in on Tbnewswatch.com in order to place bids. Please keep your login credentials safe. We highly recommend logging out of your account if anyone else will be using the same computer. At our sole discretion and for any reason, Tbnewswatch retains the right to revoke an account and cancel any bids placed by that account. In the event an account is suspended or bids are cancelled, the account holder will be notified by email.
*NOTE- It could take up to 24 hours for your account to get verified and approved.
If you have problems registering or logging in, please reach out to our customer service department at platformsupport@tbnewswatch.com.
All registration and bidder information shall remain confidential within T.Bay Post Inc.. We will not share your information.
2.) Bidding
i.) Location and Dates
This is an internet-only auction, operating on http://www.tbnewswatch.com
This auction commences at 9:00am on Monday, October 16th, 2023 and concludes at 4:00pm on Friday, October 20th, 2023.
ii.) Bidding Mechanics
Bidding requires being logged in to a registered Tbnewswatch.com user account. Tbnewswatch accounts are free and can be created here: www.tbnewswatch.com/account
To place a bid on an item: 1. Enter at least the minimum bid amount specified. 2. Enter your credit card information to pay for the item (see iv. below). 3. Check off the anonymous box if you wish to bid anonymously, otherwise your Tbnewswatch account username will be displayed publicly in the list of winning bids. 4. Finally, check off the "confirm bid" box to confirm the information entered is correct, and then click "Bid". This will place an authorized hold on your credit card as specified in section iv below.
In the event you are outbid by someone, you will be notified by email automatically.
The highest bid on each item, provided the reserve price (if set) was met, will be declared the winner of the item.
You must be prepared to pay for any item you commit to buying. A hold/authorization will be placed on your credit card for your bid amount. The hold will be captured (charged) on any winning bids at the end of the auction. Non-winning bids will have their holds released, which may take up to a week to be reflected on your statement. Make sure you read the description and understand what the item is before placing a bid.
Bidders can bid multiple times on the same item over the course of the auction in an effort to achieve the highest bid. Bidders can bid on multiple items (although some retailers may have restrictions on the number of winning gift cards that can be used per transaction). Every bid placed could potentially be the winning bid, so please, participate carefully and mindfully. Every bid placed is binding and constitutes a legal agreement from the bidder to TBay Post Inc.. to purchase the item for the bid amount entered by the bidder.
iii.) Retraction
You can only retract a bid if it is obvious to T.Bay Post Inc.. that the bid was erroneous, like if you meant to bid $50 but bid $500 on a $100 item. If this occurs, please contact us immediately at platformsupport@tbnewswatch.com. or call 1-807-346-2648 (During regular business hours).
iv.) Credit Cards - Authorized Holds and Collection
*** WE RECOMMEND YOU DO NOT USE A DEBIT CARD. Because funds are placed on hold each time you bid, this makes this amount inaccessible in your account. Use a credit card instead.
Bidding on an item requires you to provide a valid credit card, which a winning bid amount will be charged to at the conclusion of the auction. Placing a bid will authorize a transaction on your credit card and place a hold in that amount on the card for up to one week. Subsequent bids on the same item will supercede and replace that authorized hold on the card.
Bids on separate items will result in multiple authorized holds on the credit card -- one for each of those bid amounts. It is important to note that an authorized hold on a credit card reduces your available credit. For example, bidding $50 on ten different items will result in ten $50 holds placed on the card, for a total of $500.
An authorized hold will be removed from your card if and when you are outbid on that item.
Winning bid amounts will be charged to credit cards at the conclusion of the auction, and all outstanding authorized holds will be removed.
v.) Conclusion
Within 24 hours of the conclusion of the auction, all winning bids will be processed. Winners will be notified by email, and the winning bid amounts will be charged to the credit cards provided.
3.) Pick up
At the conclusion of the auction, winning bidders will be notified of any items they have won. This email will include instructions for the pick up of the item(s).
All winning bidders will be required to complete a release form upon collecting their item(s) to confirm delivery of said item(s).
Pick up times are
Monday Oct 30th 2-5 pm
Tuesday Oct 31st 11:30-2:30
Wednesday Nov 1st 9-12:00
Participants in this auction are also subject to our broader Terms of Service.
Closed on Monday, October 23, 2023 8:00:00 PM
