I have exactly that model on my Rem 700 in 22-250, it has served me well, its a good scope, particularly when you consider the price. For a comparison I have another scope that cost twice as much on my other heavy varmint rifle, it is slightly brighter and slightly clearer, but remember it cost twice as much.
At the time I bought it they had a 6-18x40 and a 6-18x50, I figured the 50mm objective would help make up for the cheaper Banner line.
I'm quite happy with mine, it holds zero and works well for me, I have no plans to replace it.