Audible charges $14 per month for 1 credit, $22 per month for 2 credits, $149 for 12 credits per year or $229 for 24 credits per year. The average audiobook from a major publishers ranges from $26 to $42. If you attach your own credit card to the account, Audible will bill you for the entire amount of credits you have used, sometimes costing thousands of dollars.Īudiobooks are expensive, which is why people are taking advantage of this scam. Once you enter the PIN number you will have access to a tons of super cheap audiobooks.

Scammers often use disposable Hotmail, Google or Yahoo accounts, which the PIN number is sent to. When the account details have been transferred to you, Audible will ask for a PIN number when you log into it for the first time.

When you buy an account for the first time, the seller will give you a login and password and the email address that was used to register the account. They will then sell the account at a net profit. Audible does not bill an account until the first credit is used. They will order a copious amount of credits and remove their card. Here is how the new scam works, someone will open a new Audible account and attach a credit card.

Last year Audible closed a loophole that prevented users from buying accounts with lots of credits and gifting them to their main account. Users are selling individual accounts ranging from 2 credits for a few dollars to 36 credits for $38. There is a new scam that has popped up on Ebay in the last several months, which takes advantage of Audible audiobook credits.