How To Retract Or Cancel A Bid On EBay - 8 Tips

When you're shopping on eBay, it's easy to get caught up in the excitement of bidding on an item and end up placing a bid that you later regret. 

Fortunately, you can retract your bid before the auction ends if you realize you've made a mistake. 

Here's how to retract a bid on eBay. 8 Steps:

1.  Go to eBay's website homepage.

2. Log into your eBay account and click on the “My eBay” link located at the top right of the page.

3. Click on the “Purchase History” link and find the listing for the item you want to retract your bid from. Or select "Bids/Offers" from the left-hand menu.

4. Click on the “More Actions” button and select “Retract Bid” from the drop-down menu.  

5.  Find the item that you want to retract your bid on and click "Retract Bid" next to it.

6.  Enter a reason for retracting your bid and click the “Retract Bid” button.

7.  Click "Retract" to confirm the bid retraction.

8.  Check your email for confirmation that your bid has been retracted.

Note that you can only retract a bid if it's within certain conditions, such as if the item's description has changed significantly, or if you accidentally entered the wrong bid amount. 

Additionally, you cannot retract a bid if you are the winning bidder and there are less than 12 hours left in the auction.

That's all there is to it. Retracting a bid on eBay is easy. Just remember that you should only retract a bid if you have a valid reason for doing so. 

If you don't, you may face consequences such as being blocked from bidding on other items.