Description:  This free banner exchange "guarantees" traffic for your site. If you abide by their terms, and you don't receive any clickthroughs within one month of placing their code on your page, you'll get 10 free credits and get your banner placed on their front page for one week.

Description:  A new free link exchange service, buttonXchange.com makes use of 88-by-31 pixel buttons, rather than full-sized banners. Simply sign up and submit your button and it'll be displayed randomly on other participants' pages. They offer a selection of blank buttons that you may use.

Description:   BannerExchange is a solid new free banner exchange, with a 2-to-1 ratio, that offers comprehensive ad campaign tracking and reports. Easy to sign up for and implement on your site. You can store up to three banners in your account.

Description:  Free banner exhange program to help you promote your site. PowerExchange offers a 4:5 ratio and offers you the chance to target your banners. They offer real-time traffic reports and ready-made banners, if you don't have one made up already. Your banner here will be 468X60 pixels.

Description:  A free banner exchange service from Europe that offers a standard 2-to-1 ratio. Easy to set up. They offer Web site stats and a counter. With this service you can choose your audience (i.e.: have your banner displayed to European audiences only). Your banner must be 400 by 40 pixels and no larger than 12K.

Description:  This banner exchange service (now part of the Microsoft Network) is the biggest and best-known of its type. You get one exposure of your banner for every two hits to your page. LinkExchange has now the nearly-universal 468-by-60 size.

Description:  SmartClicks - An innovative banner service that goes above and beyond most other link exchanges in many ways in that you can target your banner to a specific audience. Your banner here will be 468 by 60 pixels.

Description:  A competent, well-run free banner exchange service with a twist: its banners are Java-based. The advantage to this approach is that you can have far more informative and eye-catching banners than is possible with standard image banners. HyperBanner allows you to target specific geographic regions and/or topics.

Description:  If you subscribe to a banner service, you'll need to make up a banner, which this site provides for free. Check out these examples.

Description:  Make some money off your Web site. Well check out Dan Oakeson's good roundup of associate programs on the Web. These companies will pay you to display their banners on your pages. Find out the details on each program and whether they deliver here.

Description:  - This site will make you a free custom banner. There are over 600 templates to choose from here. They say their turnaround is "under a day" currently. If they make a banner for you, you're required to linkback to them somewhere on your site.

Description:  A solid, free affiliate program, Cyberbounty pays you for displaying their sponsors' banners on your site. There are plenty of good offers to choose from here. Cyberbounty also supports mailing lists and E-zines.