I agree the Banner line has been around for some time and has a good following. I still have two old banners 1x4x20s with a post Xhair. Still working well enough, I could pick them apart, but feel for the price you could considerably worse for sure.
Where it me, I would wait and watch for a used leupold for near the same $$. A VXI or II are had for 150ish and would carry the lifetime warranty from Leupold.
Good luck with what ever you choose,
CW