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Cloth banners that record House history in monofilament wires. Always of interest to the Cryptarch in the Tower.
― In-game description

House Banners are consumables[1] dropped randomly by Fallen Majors and Ultras. They can be sold to a Cryptarch for 200 Glimmer.

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  1. (2014-07-29) YouTubeDestiny Easiest & Fastest Way How To Farm House Banners, Ether Seeds & Gear! Destiny Glimmer Farm! 7:45. Retrieved 18 Sept, 2014.