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The club was founded in 1986 as the Builders Hardware Bandits. After a period of inactivity, it returned in 2011 and quickly re-established itself as one of the country's top clubs. By 2017, Belmopan Bandits had won seven of the last eleven titles in Belize's top division, including the Premier League of Belize and its predecessor leagues. The club qualified for the 2014–15 CONCACAF Champions League but was ultimately replaced by Costa Rica's C.S. Herediano after the surface of the FFB Stadium was deemed unplayable. If they would have appeared in the tournament, the club would have been the first from Belize to participate in the competition since 2008–09. By winning the 2014–15 championship, the club won the title for the fourth time in six seasons and its third championship in a row. By 2016, the club was recognized by Amandala as having a stable ownership and financial security without scandals or controversies, and a number of members of the Belize national team in the squad.

In July 2017, Belmopan Bandits won the Quadrangular Football Tournament held in San Pedro Town, beating the top teams from Ambergris Caye. Later that summer the club made its CONCACAF debut in the 2017 CONCACAF League, the inaugural edition of the tournament. Honduran international and 2010 FIFA World Cup participant Georgie Welcome led the team's offense. They were eliminated by C.D. Walter Ferretti of Nicaragua in the Round of 16 with an aggregate score of 1–5. The team qualified for the competition again in 2018. In their second attempt, the club was eliminated in the Round of 16 again, losing a well-played series against F.C. Motagua 0–3 on aggregate. By qualifying for the 2019 CONCACAF League, Belmopan Bandits became the first-ever club to qualify for the competition three consecutive seasons.

In October 2021, Belmopan Bandits issued a statement that it would not participate in the 2021–22 FFB Top League which was organized by the Football Federation of Belize to replace the PLB season cancelled because of the ongoing COVID-19 pandemic. The club stated that their protest was because Clifford King, the person club management viewed as the legitimately elected President of the FFB, was not recognized by the federation. The matter was taken up by with the Supreme Court of Belize.

In February 2023, it was announced that the club had entered a sponsorship agreement with Internacional Futbol Club of Mexico which would increase Belmopan's technical and financial resources. As part of the deal, Belmopan Bandits rebranded as Bandits-Internacional FC. While the original club would maintain ownership, Internacional FC would take over all operations and offer opportunities for Belizean players to sign in Mexico. The club played its first match under its new name against Altitude FC on 11 February 2023. Before the end of the 2022–23 season, the club returned to wearing its original Bandits uniforms. In May 2023, it was announced that the club had ended its sponsorship agreement with Internacional FC and would return as the Belmopan Bandits for the 2023–24 season. The half season as played under the Bandits-Internacional FC moniker saw the club earn its worst-ever Closing Championship performance.