Such banter is not good when old (8)
I believe the answer is:
badinage
'such banter' is the definition.
'badinage' can be an answer for 'banter' (I've seen this before). I'm not certain of the 'such' bit.
I cannot understand how the rest of the clue works.
Can you help me to learn more?
(Other definitions for badinage that I've seen before include "Frivolous backchat" , "Frivolous repartee" , "A big Dane given to banter" , "Frivolous talk" , "Backchat, banter" .)