To place a bid on eBay auctions, you must place a bid of at least the current bid + the bid increment. The bid increment refers to the amount an auction must be raised when placing a bid. Bid increments are smaller when the current price is low and goes up as the auction price increases. The bid increment schedule is based on the currency of the auction:
 USD: eBay Bid Increments
    | Current Bid | Increment | 
  | 0.01 - 0.99 USD | 0.05 USD | 
  | 1.00 - 4.99 USD | 0.25 USD | 
  | 5.00 - 24.99 USD | 0.50 USD | 
  | 25.00 - 99.99 USD | 1.00 USD | 
  | 100.00 - 249.99 USD | 2.50 USD | 
  | 250.00 - 499.99 USD | 5.00 USD | 
  | 500.00 - 999.99 USD | 10.00 USD | 
  | 1,000.00 - 2,499.99 USD | 25.00 USD | 
  | 2,500.00 - 4,999.99 USD | 50.00 USD | 
  | 5,000.00 USD and higher | 100.00 USD | 
  
 CAD: eBay Bid Increments
    | Current Bid | Increment | 
  | 0.01 - 0.99 CAD | 0.05 CAD | 
  | 1.00 - 4.99 CAD | 0.25 CAD | 
  | 5.00 - 24.99 CAD | 0.50 CAD | 
  | 25.00 - 99.99 CAD | 1.00 CAD | 
  | 100.00 - 249.99 CAD | 2.50 CAD | 
  | 250.00 - 499.99 CAD | 5.00 CAD | 
  | 500.00 - 999.99 CAD | 10.00 CAD | 
  | 1,000.00 - 2,499.99 CAD | 25.00 CAD | 
  | 2,500.00 - 4,999.99 CAD | 50.00 CAD | 
  | 5,000.00 CAD and higher | 100.00 CAD | 
  
 EUR: eBay Bid Increments
    | Current Bid | Increment | 
  | 1.00 - 49.99 EUR | 0.50 EUR | 
  | 50.00 - 499.99 EUR | 1.00 EUR | 
  | 500.00 - 999.99 EUR | 5.00 EUR | 
  | 1,000.00 - 4,999.99 EUR | 10.00 EUR | 
  | 5,000.00 EUR and higher | 50.00 EUR | 
  
 GBP: eBay Bid Increments
    | Current Bid | Increment | 
  | 0.01 - 0.99 GBP | 0.05 GBP | 
  | 1.00 - 4.99 GBP | 0.20 GBP | 
  | 5.00 - 24.99 GBP | 0.50 GBP | 
  | 15.00 - 99.99 GBP | 1.00 GBP | 
  | 60.00 - 149.99 GBP | 2.00 GBP | 
  | 150.00 - 299.99 GBP | 5.00 GBP | 
  | 300.00 - 599.99 GBP | 10.00 GBP | 
  | 600.00 - 1,499.99 GBP | 20.00 GBP | 
  | 1,500.00 - 2,999.99 GBP | 50.00 GBP | 
  | 3,000.00 GBP and higher | 100.00 GBP | 
  
 Bid Increment Information on each eBay Website