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Banner Bit System – Scam or legit? Honest review!

is banner bit system a scam

Hey there!

Have you stumbled upon Banner Bit System and are wondering whether this is your ticket to financial freedom or is Banner Bit System a scam designed to part with your money?

I’m glad that you’ve done your research and have landed on this post because I’ve prepared this review to let you know the truth about Banner Bit System so that you get to make the right decision by the end of this review.

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Name: Banner Bit System

Owner: hidden

Price: at least $250

Created in: 2017

Overall Rating: 5/100

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What is Banner Bit System?


Banner Bit System has nothing to do with paid surveys, data entry jobs or envelope stuffinf, according to the man who narrates the Banner Bit System sales video.

So Banner Bit System is about buying and selling ads for profits through an automated software. That’s what he claims.

He says that this is the most profitable opportunity out there and it can benefit you in a lot of ways. If you join this Banner Bit System, you’ll be able to:

  • Quit your job
  • Work whenever you want
  • Work wherever you want
  • Work as little or as much as you want
  • Stop worrying about money again
  • Travel the world while your business works for you

And the best part is the fact that this system is free and and there are no risks involved. 

is banner bit system a scam
“online advertising equity trading platform”

Doesn’t all of this sound too good to be true? It does.

When I finished watching the sales video I had an idea of what Banner Bit System really is. There are some important details that he doesn’t talk about in the sales video, but you need to know them so I’m going to explain them in the next section.

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Is Banner Bit System a scam?


I hate to be the bearer of bad news but Banner Bit System is a scam. I noticed some scam signs and red flags that you need to be aware of because they indicate that this system is not legit.

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Lack of important information


The Banner Bit System sales page doesn’t have any of the most important pages that legitimate companies & sites have: about, privacy policy or terms & conditions.

The man who narrates the sales video doesn’t show up. In fact, he doesn’t even tell us his name. This is a big red flag like how can we know who we are dealing with?

There’s no way to verify who this man is or who are the people behind the Banner Bit System. I personally don’t trust sites or companies whose creators don’t show up. 

Apart from that, they don’t offer any way to get in touch with them. They don’t mention any email and have no customer service. How are we going to contact them if we have questions about their service? 

In addition, the fact that they don’t have a privacy policy page is another scam sign because it means that they’re not being transparent with us. They say nothing about the way they’re going to use the information we give to them.

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The testimonials are fake


In the Banner Bit System main page we can read some comments that are supposed to be from people who are making money with this system.

The problem here is that all those comments are invented. The people who appear in those pictures have nothing to do with Banner Bit System.

They haven’t tried this program and they may not know that their pictures are being used to scam people.

Let’s see one of them:

is banner bit system a scam
Fake testimonial

The comment above is fabricated by people behind Banner Bit System. The woman from that picture hasn’t tested that system.

I did an image search and found out that picture is a stock picture that has been used in many other sites:

profit maximizer scam
Proof 1

And take a look at another testimony:

is banner bit system a scam
False testimony

His real name is not Patrick and he’s appeared in many other sites, as seen below:

profit maximizer scam
Proof 2

If the Banner Bit System really worked that well, its creators wouldn’t have spent their time on creating fake testimonials. 

I guess they hope you’ll believe that real people who have tried this system has generated huge profits. 

But the thing is, if this system had really been created to earn you money, there would be positive reviews about it, but there are no reviews. 

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They lie about the amount of spots available


They want you to believe that there are only 50 spots available to rush you into joining. 

They’re saying this to get you to make your decision without thinking too much about it, based on the fear of missing out.

is banner bit system a scam
“free offer will be over”

I found out that their sales video is on YouTube and it has more than 1900 views so if it was that good, 50 people would have already signed up and there would be no spots available by now.

The truth is that there are no limits when it comes to the availability of spots. 

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Can Banner Bit System make you money?


I don’t think Banner Bit System has made money to people who have joined it. I can confidently say that this system has only benefitted the con artists who have created it.

In the previous section I’ve posted some of the red flags found in this system and now I’m going to explain how Banner Bit System really works.

They first try to get you to join by telling you that it’s free and there’s no risk involved but this is not true.

You get free access to the system but the catch is that you’ll have to make an initial deposit of $250 to use it. Without making the initial investment, the software will be useless.

is banner bit system a scam
“$250 to get started”

$250 is far from free. Not everybody can afford to invest $250 to start making money online. This is why this system is not risk-free. Any type of trading always carries some level of risk. 

Why can’t the Banner Bit System’s spokesman be straightforward about the price of this system? He doesn’t even explain what’s in it for him, like we know that he’s not doing this for nothing. How is he going to make money if you join? 

The truth is that the Banner Bit System works the same way as other binary options trading scams. It’s quite similar to the Free Ad Cash System scam that I exposed yesterday.

The owners of Banner Bit System work with brokers that are not regulated and are known to get away with the traders money. If you fund your trading account with $250, then the broker will pay a commission to the Banner Bit System scammers.

You also need you know that they’re going to ask you for your personal details like your name, your email address and your phone number. Therefore, you can expect them to:

  • Call you plenty of times to convince you to make invest as much as you can into the software.
  • Send you emails related to other scam systems.
  • Sell your information to other unethical individuals.

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My closing thoughts


My final verdict is that Banner Bit System doesn’t live up to its promises. The people running this system lie about its price, the testimonials, the amount of spots available… 

They’re not transparent when it comes to who they are or what they’re after. Their actions show that their intentions towards you are no good so there’s no way I can recommend this system. 

To be honest, I didn’t rate it 0 because I couldn’t help but laugh when I heard the hyped up claim “you’ve just found one of 50 golden tickets” lol.

I also don’t like the fact that they make it sound like you’ll make a lot of money in no time without doing much work because generating an income online is not and has never been easy or fast, especially if you’re a newcomer.

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I hope I’ve answered to the questions you had regarding the Banner Bit System and you make the right decision for you.

In case you want to discuss this review or have any questions, don’t hesitate to leave a comment below. I always reply to my readers! 🙂 

Best wishes =)

Miren Ribera

Miren
Hey there! I’m Miren and welcome to my site. I started this site to help people avoid online scams and teach them how to make money online. If you are interested in learning more, click here.

67 thoughts on “Banner Bit System – Scam or legit? Honest review!

  1. Thank you. I was contacted by them, and they tried to get a $500.00 instead of the $250.00 originally requested. That was my red flag. My old school learning says if it sounds too good to be true, then it is. I appreciate the info.

    1. Hey Howard,

      I’m glad that you did your research and didn’t make the initial deposit because that’s when they get you… These scam artists always try to steal as much money as they can smh. And you’re right, most programs that sound too good to be true end up being scams.

      Thanks for dropping by!
      Miren

    2. I sincerely wish I had seen your website earlier. I invested
      $ 250.00 about 5 weeks ago. I dealt with a woman, Alexandra Blake, who said she was from Russia. She was very nice and asked if I had $5000 to invest. Obviously I didn’t. Her friendliness sort of soured. She said that she is in New York, but the company headquarters, is in Cyprus. RED FLAG. I already put the money in. OK, the good part. I supposedly made $729.00 on my investment. Now try to get it out. They wanted all kinds of ID to verify who I am, because of MONEY LAUNDERING issues. They sent me texts saying I was verified, last week. STILL NO MONEY RETURNED. Yes folks it is a SCAM. Go out for a really nice dinner instead of investing in Banner Bit.

      1. Hey Paul,

        So sorry to hear they’ve scammed you… Well at least you didn’t invest the $5000. They sometimes try to get you to believe that you’re making money but then when you want to make withdrawals you end up realizing their evil intentions. I recommend that you always do your research before getting involved in a money making opportunity. Thanks for sharing your experience with us.

        Take care,
        Miren

        1. Hi miren
          I got in with scam bit on 12-07 -17 i did my homework at this time all i could find was great things about scam bit i look for week online for anything bad but did not so i fell for it $ 4500.and trevor mccintosh is stell trying to get more but anyone reading this just watch your credit cards iv got over $500.worth of uber rides on mine dont buy into them

    3. Listen everyone that has invested in this scam if you put it on your credit card ,contact the credit card company and demand a charge back for the item is not as advertised and they will charge the amount back to your card but may take a lengthy amount of time.

  2. Hi Howard this is John here I just invested 100,000 with this company before and then I did my research and I got mixed results I sure hope this is no scam but to worry I’ve been reading sounds like it is the last deposit was Friday the 15th and I deposited some the 13th and 12th of this month With a total of over 100,000 I would be very upset if this is a scam I hate dishonest people and scammers

    1. Hey John,

      I’m really sorry to know you’ve fallen for it… I recommend that you always do your research before getting involved in a money-making opportunity, you also need to be careful about the fake reviews out there as there are affiliates who claim these scams systems to be legit just to make a quick buck.

      Blessings!
      Miren

    2. Hi John,
      I also believe this is a scam! I’ve put in ( embarrassed to say $15,000) I did some research before sending them my information and found they were an affiliate of Volo Corporate. And it seemed legitimate. They show I’m making around $1200/day on my investment from the many Ads I’ve purchased but I believe their manipulating the numbers to make it look like I’m making money. They also want me to go to the next level and add another $10,000. To entice you to put your funds in they matched most of what I put in. With the $15,000 they added $12,500 bonus for a total of $27,500. The problem is when they put this bonus money in and you accept it, you can’t take any money out until you’ve reached 50 times the sum of the deposited amount and the bonus amount and it has been 1 year since the client has signed the bonus contract.
      I was just trying to find a legitimate way to make some income. I feel I’ve been duped.

      1. I’m afraid they got me for $5,000. I did my research, but any offshore entity is almost impossible to fully check out. You are exactly right about how they manipulate numbers. I finally sold every banner I had after 3 months, and the total was $440. Since they “loaned” me $500, I couldn’t even get that back. I have no doubt it is a scam of the highest order, and since it is offshore, what can you do?

        1. You can file a report with the Federal Trade Commission. Last I checked, the FTC had nothing at all on BannerBit.

      2. I am embarrassed to say that I’ve lost 100,000 to the banner bit scam and I did some investigating before I invested with them and their false advertising banners look so real but believe me the whole business is a scam and they just tried to get another 10,000 out of me human beings like these people should be stricken into hell with Satan I just lost $100,000 that I was going to build a new house with and now I got to start all over again I have cancer at least my type of cancer is in remission at the moment and next month it will be 14 years since I was diagnosed with non-Hodgkin’s lymph Oma it’s a disgrace to have these kind of humans on this planet that prey on good honest people and scam them out of their hard-earned money I hope one day the good Lord Illuminates people like That

    3. Sorry, John. You aren’t going to get any money out of them. Keep track of every email and phone conversation and find someone to report them to. I am

      1. if you are in the US, report it to the FTC. If you paid by credit card inquire about a chargeback. The credit card I asked said I had 118 days after a transaction to request a chargeback.

  3. Hey Miren,
    I appreciate your hard work to aware the community. I got a call from Bannerbit and offered $ 320 in my account after deposit the $ 200 once. However i was lucky when they are navigating me into their website i found this research. A big thanks to you.

    1. Hi again Sandy,

      I’m not surprised that they called you. That’s why they ask for your phone number before joining. I’m glad that you did your research and didn’t fall for this good-for-nothing system.

      Have an amazing day! 🙂
      Miren

  4. Hey Miren,
    Well done, great job to find out about bannerbit. I got a call now and offered $320 deposit on my dashboard when i pay $200 to buy the preferred ads. I read this article same time and it saved my money. Thanks a lot to help and save this online community to get scammed .

    1. Hey Sandy,

      They sometimes offer a bonus so that you believe you have more money in your trading account. But the problem comes when it’s time to transfer the money to your bank account as that’s when they ask you for your financial and personal details to steal your account and money. I’m very glad to know my review prevented you from falling for it =)

      Best wishes!
      Miren

      1. My husband gave $250. And were asking for more money I over heard his conversation and they were asking him for more money.and another credit card when I jump and got the phone. There was a lady on the phone named Maya acorrdinglly to her with a Hindu accent. Maya.f@banner bit.com who told him she was in London. But when you.enter in the web it says the main office is in Cipre. So I got the phone I told these Lady that I wanted my money back and she told me that they will give the money back only when you brake even with the Banners and the money you have invested. I told her to send me the policies and procedures of the company and she told me it was on the web and the web said you can withdraw your money anytime. When you try to withdraw they even wante more information about you. Passport. Bank account. Driving license social etc. Please be very careful with these people definitely an SCAM. Please pass it along all over the media. These information have to get to the radio an TV also.

        1. Hey Nina,

          Those scam artists always try get as much information and money as possible. Hopefully potential victims do their research and avoid it.

          Thanks for telling us about your experience, happy New Year!

          Miren

      2. We should report to regularity body against banner bit with the evidence and correspondence. If many of us complain against banner bit, they will take the action. We should not encourage the fraud having no initiative.

  5. My husband gave $250. And were asking for more money I over heard his conversation and they were asking him for more money.and another credit card when I jump and got the phone. There was a lady on the phone named Maya acorrdinglly to her with a Hindu accent. Maya.f@banner bit.com who told him she was in London. But when you.enter in the web it says the main office is in Cipre. So I got the phone I told these Lady that I wanted my money back and she told me that they will give the money back only when you brake even with the Banners and the money you have invested. I told her to send me the policies and procedures of the company and she told me it was on the web and the web said you can withdraw your money anytime. When you try to withdraw they even wante more information about you. Passport. Bank account. Driving license social etc. Please be very careful with these people definitely an SCAM. Please pass it along all over the media. These information have to get to the radio an TV also.

  6. I put in 300$ and now it says my balance is 15$. I used the auto pick but I can’t figure out what banners were purchased or if I can change it or anything. I don’t know where my money went and I’m guessing I won’t get it back.

    1. Hey Tomika,

      This really sucks, I feel your pain… Have you contacted them? I guess they’ll try to get you to invest more money if they reply. I highly suggest that you contact your bank and change your credit card or bank account information (whatever information you’ve given to those cheaters).

      I hope things get better for you!
      Miren

  7. Hi, I “invested” $400 in bannerbit, about two weeks ago, it seems legitimate, but today i “withdrew $25 to be deposited into my checking account, they said it’s going to take 3-5 business days for it to post to my account. Now that i came across this page I’m nervous, can someone tell me what can I do to reverse the charges i made through my bank? will it help any if I talk to my bank? and let them know if there’s any way to get my money back? help!

    1. Hey Manny,

      I’ve lately been receiving comments from people who claim to have been scammed by BannerBit a.k.a. Banner Bit System… Please let me know if you receive the $25. If you don’t, then I recommend that you get in touch with your bank and cancel your credit card or whatever information you’ve given to the BannerBit scammers.
      I also suggest that you read this article I wrote about spotting online money-making scams so that you never fall for them again.

      Have a great day!
      Miren

    2. I was told by the bank to file FRAUD against BannerBit. to get my money back. But I’m still waiting for a woman named Alex from Banner Bit to call me. Their office opens on 2 Jan. 2018. Here is the Phone Number Alex gave me : 917-341-2177 . They are at Eastern Time.

  8. It is Bu!!$hit. I paid $250 and made nothing. The next day they told me that I did it wrong and I need to pay $2000 and they will give me $1000. They did give me the $1000 but the catch is that I had to gamble with the whole $3000. So I did. I did not have a choice. At least that is what “Trevor” told me. He said “trust me” and “you will be very happy”. Long story short, I lose it all. I am trying to make as much back as possible. So far I am almost at 1K. At the rate of things, I will break even at the most. Meaning that they also lost 1K. Not only is this a scam but they are stupid.

    1. Hey there,

      I’m so sorry to hear that you’ve fallen for it… This is what we can expect from scam artists, they always say what you want to hear so I highly suggest that you always do your research before getting involved in a money-making or investment opportunity.
      They first want to know your phone number to call you and try to convince you to invest as much as you can, and then when you see you’re losing the money and ask them for explanations, they make excuses like “you did it wrong” or “the system had a glitch”.

      Hopefully your situation gets better, have a great day!
      Miren

  9. This is an update to my post under the name “Ms”. Today was suppose to receive a call. I did not receive it! I login in and my account is canceled. Wow! I made another account just to check the system and it was fine. I tried mine again and nothing. I am not concerned about the 2250.00 because I am going to get that back one way or the other. I want this company shut down. How to expose them on TV?

  10. Doing the research on Banner Bits listed address i have found that it is actually linked to the ownership of an online gambling platform that produces random strategic numbers.

    Example: Search listed Banner Bit address on main page
    (Cheilonos, 2A The Riverside Forum, 2nd Floor, Nicosia 1101)
    …Now tell me what you see?

    I can almost be positive i wont be getting any of my $250 back now. I just requested a withdrawl yesterday for just $60. Lets see if that ends up going through at all.. I will keep everyone posted on my experiance..

    P.S. This is so far the only actual trusted review on the web for Banner Bits platform. So I want to say thank you as it has already raised plenty of red flags to me.

    1. Hey Dave,

      I see the same address as you on their site. Did you get your money back?

      Thanks for dropping by, glad to know this review has been useful to you.

      Blessings,
      Miren

  11. I just joined with 250.00 and they asked for 500.00 today. Did not give it to them. Is this something I can dispute with my credit card company?

    1. Hey Steve,

      Yes, if you gave them your credit card information, I suggest that you contact your credit card company to cancel your credit card and get a new one.

      Miren

  12. I looked into it.. Didnt seem right. They called me. Some guy with a Nigerian accent called me up. Told him i was busy and to call me later. I blocked his. Number. Im not falling for that. Glad i was doing reviews on them and fount this site. Thank you for the info

    1. Well done on doing your research, Randy! I’m glad that you found this review useful and didn’t get scammed.

      Blessings,
      Miren

  13. The Bannerbit account manager told me I will make $200 to $300 a month from my investment. So, I invested $1000 into it. My ads expires in 10 days, I only recovered $470 so far. I have not tried to withdraw it.
    Can anyone have Bannerbit’s address and phone # for court purpose?

    1. On their site there are 3 phone numbers and an address but there’s no guarantee they will respond. Scam artists usually give away fake contact information, just like they lied about their identity.

  14. I have just recently joined bannerbit and invested $2250. They added a bonus of $3000 to get me into the gold package. I told them I will wait till the end of the month to see if I get back my deposit and close my account. So far they have responded to my phone calls and messages regularly.

  15. I fell for it – Alex Blake talked me into doing whatever I had to to invest $3000. Now they won’t pay me, Excuse after excuse. My health is deteriorating, I can’t pay my bills and both my husband I are losing our jobs in 3 months. She knew that and did this to me anyway. Thankfully, we have many lawyers and a contact at the FBI to help deal with them. STAY AWAY!!!

  16. I had an acquaintance suggest that I call Bannerbit. So I did, Immediately they got me on the phone after I paid the $250: They started to show me how it worked and they figured out a way to get on my computer. So I started on December 14, 2017 and very carefully figured out what the seam was; the plan was to buy banners that would have a significant number of clicks that they would pay for the cost. Example a $299 dollar banner with 3 days left to run will not pay for it self at 0,23 per day, it would take 1300 days to pay the $299, so it becomes real in a hurry. If I would buy $25 banner that ran for 30 days some of them would generate $50 more then they cost. Anything that was $100 or more would just use up the money. Your money would be gone. So very carefully i started to buy adds that were between $11 and $60 and were from 25 days to 60 days. Some where along the line I asked for money back and they returned my credit card payment of $250.00. Then very carefully I watched what I bought and I could make it happen in about 2 hours once a day. So by the 14th of January I had 184 banners in my possession that had a value of $13,600. and were producing. $1790 a day. So I made a plan to withdraw some money. So on January 15 I wrote my account manager Marc Taylor that if I just let the banners accumulate for the next six days I would have the $10,000. I wanted to withdraw., January 16th the banners showed that they had droped income to $90 per day, and then on the 17th there went to making 0 dollars a day. So in doing this to me today January 23 there was $2203.22 available when I know that there would have been $10,000 if I just did not reinvest it. So on the morning of January 23, I emailed my account manager and requested he send the $2200, He told me he would get right on it
    I used the messaging on the dashboard and wrote them a note to send the $2200. I got a call from Alex Jadon and he talked to me for a while, then he had me talk to his supervisor Edward Powers, and he told me that I did not have enough money in the system to withdraw any. Regardless of the fact I had figured out there system and how they denigrated everyone’s money.

  17. I told them I was going to contact the FBI and cybersecurity officials and they gave me all of my money that i originally invested including the 250 dollars. Hopefullly that may work for some of you

  18. BannerBit has also switched tactics. So in my inbox there was something titled “BITCOIN MILLIONAIRE CLUB” and a very sincere video from PAUL (forget his last name) make money at no cost to the viewer….just sign up and the software will guide you. Click and what appears? BANNERBIT! No more about Bitcoin or cryptocurrency. So I invested $250 never to be seen again judging from Miren”s views and comments from everyone here on this page. Thank goodness I did not invest more than I can lose …..Lesson learned? Leave stuff in your “Junk Mailbox” alone! It belongs there!

    1. Hey Lorna,

      I remember reviewing the Bitcoin Millionaire Club some weeks ago, it’s just a page the scam artists created to get people to invest in BannerBit. If you invested $250, I recommend that you cancel your credit card or whatever information you gave them so that they don’t charge you more.

      If you’re looking for legit ways to make money online, I suggest that you read this post I wrote.

      Thanks for sharing your experience with us. I hope this helps!

      Miren

  19. Lorna, I just found the Bannerbit email inmyjunkbox too. My heart is pounding because I was this close to giving them 250$. There is a YouTube video. The welcome view is a young Millenial, Steve Banks (that last name made me skeptical) with his expensive suit on and his arms crossed over his chest with a lase farre smile on his face. There are pictures of millennials (the millionaires club) living the good life. I started a chat with Vanessa Lee. I asked her what if Bitcoin tanks or it’s value drops drasticallly? Before she answered me she typed let me review your account. She typed back, “Have you funded your account?” I said, “No”. Meanwhile the send on the chat room kept freezing. That also gave me a bad feeling. Then I imagined all those security breech videos we receive at work with depictions of animated cyber scam thugs. Needless to say, Vanessa didn’t respond. I typed, “Are you still there?” Nothing. Then the chat was disconnected. Additionally, while I was in the chat room 2 calls came in on my cell phone. Apparently There are phone numbers that these scammers use so that number can’t be traced. In the past when I received calls from these numbers I put them in my contacts under the heading “scam”. That’s what came up when these 2 calls came in. BTW: when I went to the “get started” page, they had 2 spots available. This tactic always gives me a red flag. But our brains still want to believe it’s true, that we can “get rich” quick. My last decision was to google the company and I’m so glad I did. I was brought to your site Miren. I’m so thankful I didn’t enter my account information. I am so sorry to hear of those testimonials above who were scammed. Lorna, you are right-keep the junk in the junk.

    1. Hey Gloria,

      Thanks for sharing your experience with us. I’m very glad to know that you didn’t fall for BannerBit, well done on doing your research!

      Have a great day =)
      Miren

  20. It is a complete scam web site because I buy banners as they said. spending 2400 us. and I made on my dasboard 1700 us withdraws, but they never pay me. I was calling them every day forcing to pay me. they just put on mi account 700 us and I lost 1700 us. After that they cancel the account without advice you. And you cannot get into you account with your login. your dasboard is closed simply disappear. they erase all the registry.

    1. Hey Reyna,

      I’m really sorry to hear that you got scammed. That’s what these scammers do, they terminate your account once they have what they want. I recommend that you change whatever financial information you gave them (cancel your credit card and get a new one for example). You can also read this article I wrote about spotting online scams so that you don’t fall for other scams.

      Best wishes,
      Miren

  21. I know this a scam because of two reasons shortly receive a call after creating my online account The Man sound like he’s Middle Eastern Indian or possibly Napoleon reason number to the most important reason why I think it’s a scam due to the fact that the man will not take no for an answer or a call back and when I told the man that I cannot afford the $200 he said what let me see what can I do he say he will email his manager and less than 20 seconds later than manager responds said we can drop it down to 150

  22. How is this company still doing business? I find it strange that every person I’ve spoken to all have an accent of some sort. I’m going to fill a complaint with BBB and any place they list themselves on social media.

  23. okay so is this real or what is banner bits good or bad i need to know asap because I am loosing money right now and dont like it

  24. Well, this site seems to be the closest thing to an honest review of bannerbit that I can find. I put $300 into bannerbit, experienced the pushy salesman wanting $5000. Account is up to $500+ and rep says he’ll send me $300 that I just requested. We’ll see…

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