Best VPN for Online Banking in 2024

With countless fraudsters aiming to grab your banking info, turning to a VPN is a smart call. In this article, uncover the best VPN for online banking, making scammers and hackers puzzled. By using these top banking VPNs, you can take care of your finances without worrying about your financial data loss.

Since online banking lets you handle your money and investments from anywhere. But be careful, as scams and online dangers are increasing, especially on public WiFi. This is where the best VPN comes in, a VPN can help add an additional layer of security to your online web activities. It’ll ensure anonymity and prevent hackers from laying a hand on your confidential data.

Why do you need a VPN for Online Banking?

You need a VPN to secure your online banking operation. VPNs encrypt your data and hide your IP address, guarding against cyber threats and ensuring safe logins on any network. Additionally, VPNs help you bypass geo-blocks, granting access to your bank account from anywhere.

Also, while connected to public Wi-Fi a VPN will encrypt your traffic, disabling the hackers present on the same network from gaining unauthorized access to your device and data.

While banks do encrypt their transaction systems, employing a VPN adds an extra layer of safeguarding, ensuring your data’s security both at your end and the bank’s. Lastly, VPNs prove helpful in accessing your bank account remotely. Masking your IP address via a VPN makes it easier to sidestep potential detection by your bank’s website, enabling uninterrupted and secure access to your funds.

5 Best VPNs for Online Banking [Detailed Analysis – 2024]

After thoroughly testing multiple VPN services, we finally came across 5 VPN providers that we deem the best VPNs for online banking. Go through their detailed analysis below:

1. ExpressVPN – Best VPN for Secure Online Banking

ExpressVPN is widely regarded as the best VPN for accessing blocked online financial services due to its superior unblocking capabilities for geo-restricted websites and platforms and its highly secure server base. It also offers military-grade encryption 256-bit, IP/DNS/WebRTC leaks, perfect forward secrecy, and more.

Using any of ExpressVPN’s 3000+ servers in 105+ countries worldwide to hide your actual IP address is a breeze.

We experimented with a variety of online banking systems while connected to an ExpressVPN server and using the MediaStreamer feature to bypass geo-restrictions. In case you were wondering, our Internet banking transactions went off without a hitch and at blinding speeds.

We also attempted to bypass restrictions on a few notoriously restrictive streaming services. ExpressVPN enabled us to safely and quickly access numerous Netflix regions, plus the BBC iPlayer and Disney Plus websites too.

Our ExpressVPN speed test revealed some encouraging findings, making our trust in this top-recommended service even more well-founded. We tested the speeds and found that downloads were achievable at 89.42 Mbps and uploads at 84.64 Mbps, with the latency just being 110 ms, thanks to ExpressVPN Lightway protocol.

This speed is enough to stream in high resolution.

ExpressVPN’s elaborate range of privacy and security solutions guarantees full anonymity for users who want to conduct online banking. With features like military-grade 256-bit AES encryption, a strict ExpressVPN no-log policy, Network Lock, Threat Manager, IP and DNS leak prevention, etc., your online activities and data are kept safeguarded.

Enable ExpressVPN Network Lock and secure your activities from leaking.

Thus, we believe ExpressVPN is safe for accessing any region-locked content.

The VPN detected the Australian server while we were actually in the US.

When it came to software compatibility, ExpressVPN also excelled. We discovered how ExpressVPN is one of the best VPNs for Android due to its easy set-up capacity. Similar was the case on Windows, Linux, iOS, macOS, etc. It is the best Mobile VPN as it supports a wide variety of mobile operating systems and allows for up to 5 connections simultaneously.

For an ExpressVPN cost of $6.67/mo - Save up to 49% with exclusive 1-year plans + 3 months free, you get to use 7 days of an ExpressVPN free trial. You may also make use of their 30-day money-back guarantee if you want to cancel your ExpressVPN subscription. In addition to this, using their 24/7 live chat feature helps with any VPN problems that arise.

Read the in-depth ExpressVPN review on our website.

2. Surfshark – Budget-friendly VPN for Online Banking

Surfshark is a budget-friendly VPN for online banking. It is one of the cheapest VPN services costing just $2.49/mo - Save up to 77% with exclusive 2-year plan + 30-day money-back guarantee. Despite costing so low, you’ll not have to compromise on the security features in the least, specifically while using online banking.

You can gain access to 3200 servers in 100+ countries. In addition to all of that, Surfshark is a highly reliable VPN service, so you can rest assured that your online activity will remain completely private.

We attempted to access some geo-restricted online banking platforms after connecting to several Surfshark servers. The procedure for bypassing these geo-restrictions was made far too simple with the help of Surfshark. In addition to this, we tested Surfshark with Netflix, Hulu, and Disney Plus, all of which worked perfectly in favour of our unblocking spree. We didn’t detect any IP/DNS leaks with Surfshark while conducting an online transaction via a public network.

Surfshark servers cleverly hid our IP and DNS information.

The variety of speeds that Surfshark provides is a key factor in the app’s success at bypassing geo-filters. We were able to establish download and upload speeds after evaluating this range with a Surfshark speed test. We measured a download speed of 81.23 Mbps and an upload speed of 76.12 Mbps; both on average.

We achieved more or less the same speed results with all of its international servers.

Due to its first-rate P2P networking, Surfshark may also be considered an excellent VPN for torrenting. With the IP address-changing technology that has been installed, you can surf the web safely and anonymously. NoBorders Mode, AES 256-bit encryption, IP and DNS leak prevention, a kill switch, etc., are all great examples of such security and privacy protocols.

Surfshark safeguards your digital privacy, ensuring secure internet banking through its stringent no-log policy and privacy-friendly jurisdiction, all at a pocket-friendly budget. It is widely recognized as one of the best offshore VPN services.

Surfshark’s Camouflage Mode obfuscates VPN traffic and prevents banks’ websites from avoiding VPN detection. As a result, no bank can block your access to bank accounts.

This feature will ensure no leak of your online activities.

Surfshark is the best VPN for multiple devices because it permits an unlimited number of device connections concurrently. The Surfshark software is available for download on mobile devices running a wide variety of operating systems, including Windows, Android, and iOS. In addition, Surfshark works with Roku, Firestick, Smart TVs, Chromecast, and other streaming devices.

You can also try a Surfshark free trial for 7 days, allowing you to try out the service risk-free before deciding to subscribe permanently. A 30-day money-back guarantee allows you to terminate your VPN service if you discover any discrepancies against the service. Furthermore, Surfshark provides a live chat feature available 24/7, should you ever need assistance.

Read our in-depth Surfshark review on our website.

3. NordVPN – Secure Online Banking VPN

NordVPN stands as the most secure VPN for online banking. Renowned for its comprehensive array of security features, NordVPN offers an impressive shield for your online banking endeavours.

Alongside AES-256 encryption and an automatic kill switch with NordVPN, it also has a Dark Web Monitor, DNS leak prevention, and more. The unique NordVPN’s Double VPN feature encrypts your data twice, setting it apart as an exceptionally secure choice for safeguarding financial transactions.

has one of the largest server networks available with 6000+ servers located in 61+ countries; you can bypass geographical restrictions on most online banking sites. This, alongside its amazing security features, NordVPN may be regarded as the fastest VPN for internet banking.

Given our interest in locating a trustworthy VPN for use with online banking, we connected to a server run by NordVPN and attempted to access a few digital banking platforms. Getting past the geo-filters turned out to be very easy. We then also tried unblocking Amazon Prime Video and Netflix with NordVPN in unsupported regions, only to attain buffer-free access. We also checked it for leaks during online transactions and didn’t find any:

As you can see, our IP did not get leaked after connecting to its German server.

Since NordVPN claims to be among the fastest VPNs, we ran a speed performance test to see how it performed in terms of download, upload, and latency times. According to the NordVPN speed test, a 100 Mbps connection with NordVPN will allow for downloads of up to 83.82 Mbps, uploads of up to 44.64 Mbps, and an average latency of 128 ms.

NordVPN proved to be a true streaming VPN by delivering fast-speed results during our test.

Given many banks often flag your account for accessing from different IPs and require you to deal with security measures like CAPTCHAs, Double VPN can come in real handy.

Specify the apps you particularly want to protect under the App Kill Switch section.

We tested NordVPN’s compatibility with a variety of platforms by connecting a wide array of devices through its apps. In fact, NordVPN is compatible with all of the most popular operating systems, including Windows, Android, iOS, macOS, and Linux. With NordVPN, you can bypass geo-restrictions on streaming devices like Kodi, Roku, PS4, and more.

NordVPN ensures your online banking security on your iPad, safeguarding your data from hackers and prying eyes. Moreover, it offers a feature-rich and user-friendly app tailored specifically for iPad. Recognized as the most secure VPN option, NordVPN stands out as a top choice VPN for iPad users.

You may get NordVPN now for the cost of $3.99/mo - Save up to 63% with exclusive 2-year plan + 3 months free for a friend. In addition to the above, there’s a NordVPN free trial available for 7 days for you to personally evaluate the service on your terms and a 30-day money-back guarantee to ease the process of cancellation of your subscription if needed. You can also utilize their 24/7 live chat for customer support and problem-solving.

Read our in-depth NordVPN review on our website.

4. CyberGhost – User-friendly VPN for Online Banking

CyberGhost is the most user-friendly VPN for online banking. Using this VPN, you can conduct online banking on nearly any operating system you want i.e. Windows, macOS, Android, iOS, and more. Apart from that you can also set up CyberGhost on FireStick, Roku, and multiple other devices. The VPN also allows connecting up to 7 devices simultaneously.

CyberGhost offers 11651+ servers located in 100+ countries with top notch security features. This VPN vows to keep your personal information secure while conducting transactions online or other banking activities.

Apart from banking, we tested this VPN for streaming. We were able to stream Netflix with CyberGhost using the VPN’s global servers. We were also able to unblock thousands of streaming services locally and abroad. Some of them included HBO Max, Hulu, BBC iPlayer, Hayu, SBS, Disney+, Amazon Prime Video, and much more.

We also checked it for leaks during online transactions and didn’t find any:

As you can observe, the servers didn’t leak our actual IP address.

For CyberGhost, we ran a speed performance test to see how it performed in terms of download, upload, and latency times. According to the CyberGhost speed test, a 100 Mbps connection will allow for downloads of up to 75.47 Mbps, uploads of up to 69.34 Mbps, and an average latency of 223 ms.

Enjoy decent gaming speed using CyberGhost servers.

CyberGhost also offers an automatic kill switch, AES 256-bit encryption, NoSpy servers, Dedicated IPs, anonymous browsing, Wi-Fi protection, and more. Best of all, it ensures you get a safe and secure online banking process without any third-party interference. You can get CyberGhost for the cost of just $2.03/mo - Save up to 84% with exclusive 2-year plans + 4 months free.

Moreover, you can opt for CyberGhost’s free trial to personally evaluate the service on your terms and a 45-day money-back guarantee to ease the cancellation process of your subscription if things don’t work out the way you hope. You can also seek help from its live chat for customer support available 24/7.

Read our in-depth CyberGhost review.

5. Private Internet Access – Best Affordable Banking VPN

Private Internet Access is one of the best VPNs with ad-blockers for online banking, thanks to its built-in ad blocker MACE technology. It immediately alerts and blocks your access if you try to visit a malicious site so that your online transactions are safe. It can actively block ads and cross-site trackers.

This VPN offers 35000+ servers in 84+ countries across the globe. These are optimized servers, so you can also use PIA for torrenting.

In terms of streaming, Private Internet Access worked well on multiple streaming sites. It unblocks a bunch of geo-restricted sites like BBC iPlayer, HBO Max, Hayu, Amazon Prime Video, and much more easily. We were able to stream Netflix with PIA and didn’t face any buffering issues whatsoever.

As for speed, the PIA speed test recorded a download speed of 65.78 Mbps and an upload speed of 57.16 Mbps on a 100 Mbps connection which is great for streaming videos easily.

PIA servers provided adequate speeds for gaming.

Private Internet Access has quite a set of security tools in its bucket. You can utilize IPv6 leak protection, advanced split tunneling, a kill switch, MACE, and DNS security. We connected to the United States – California server, and our actual IP didn’t leak at all.

PIA servers didn’t leak our IP or DNS information.

PIA is easily configurable on popular operating systems, such as macOS, Windows, Android, iOS, and Linux. This makes it easier to download PIA on Firestick, Android TV, Firestick, and other devices. You can connect unlimited simultaneous devices and share the VPN connection with your entire household and even friends.

For a price of $2.11/mo  and a 30-day money-back guarantee, PIA is one great option for online banking, and it also offers reliable 24/7 live chat support.

Learn more about this service in our PIA review.

What makes the best VPN for banking

The ideal VPN for banking excels in data encryption and IP masking, ensuring your sensitive information remains inaccessible to cybercriminals. This paramount security layer guarantees your financial safety across various networks. Moreover, the ability to hide your true location empowers you to effortlessly navigate past any geo-blocks imposed by your bank, granting you access to your account from anywhere.

To choose the best VPN for online banking in 2024 we have outlined below the fundamental criteria we thoroughly examined before selecting a VPN suitable for banking purposes.

• Security: The primary objective of using a VPN for online banking is to establish a robust layer of digital security. This is why security features like AES 256-bit encryption, DoubleVPN, WireGuard, kill switches, and ad blockers are essential to have in the VPN you choose for securing your sensitive financial data from potential cyber threats.
• Privacy Protection: While engaging in online banking, your internet usage patterns, including spending habits, could be monitored by advertisers seeking to target you with tailored ads. However, opting for a reliable no-logs VPN eliminates this concern. These VPNs adhere to stringent privacy policies and refrain from any unauthorized utilization of your data.
• Connection Speed: Although online banking is not as data-intensive as activities like streaming or gaming, maintaining a high-quality connection is still essential. Modern tunnelling protocols, such as WireGuard, offer both security and optimized speed, ensuring efficient online banking experiences.
• Server locations: A server network consisting of a substantial amount of servers in the same location, as well as diverse locations all across the world, is necessary. It will help you unblock any and all banking services from your local region. For seamless online banking, selecting a VPN provider with servers in your home country is crucial. This facilitates uninterrupted access to your bank’s services even when you’re travelling abroad.
• Device Compatibility: Most VPN providers offer dedicated applications for both computers and mobile devices, which are the primary means of accessing online banking platforms. This ensures that you can securely conduct your financial transactions across various devices without any hassle.
• Affordability: Prioritizing cost-effectiveness doesn’t mean compromising security. Going for a reasonably priced yet dependable VPN service guarantees that your online banking activities remain secure. However, avoid using a free VPN for online banking, as they often lack the necessary security measures for protecting your financial transactions.

Is a VPN Safe for Online Banking?

Yes, a VPN for online banking is safe as it provides an added layer of security, yet it’s crucial to couple it with other measures. Neglecting up-to-date antivirus software, maintaining an outdated operating system, or dismissing virus alerts could leave you vulnerable to hacking risks, even when employing a VPN.

VPNs for Online Banking – Comparison Table

Here’s a quick comparison of the best VPN for online banking and alternatives:

VPNs
Number of servers	3000 servers across 105 countries	3200 servers across 100 countries	6000 servers across 61 countries	11651 servers across 100 countries	35000 servers across 84 countries
Simultaneous connections	8	unlimited	6	7	10
logging Policy	Keeps no logs	Keeps no logs	Keeps no logs	Keeps no logs	Keeps no logs
Country origin	British Virgin Island	Netherlands	Panama	Romania	United States
Free version	Yes, 7-day	Yes, 7-day	Yes, 7-day	Yes, 24hrs	Yes, 7-day
Best Deal	$6.67/mo - Save up to 49% with exclusive 1-year plans + 3 months free	$2.49/mo - Save up to 77% with exclusive 2-year plan + 30-day money-back guarantee	$3.99/mo - Save up to 63% with exclusive 2-year plan + 3 months free for a friend	$2.03/mo - Save up to 84% with exclusive 2-year plans + 4 months free	$2.11/mo

Will a VPN work with my Bank?

Generally, yes. Online banking platforms have built-in encryption and security measures that align with VPN usage. However, if not using a VPN, it’s advisable to steer clear of public Wi-Fi to ensure safer online banking.

Although VPNs undeniably enhance online banking security, some banks might still block their usage due to cybercriminals exploiting them to impersonate others or commit fraud by hiding their real location.

However, you can avoid potential VPN-related issues with banking websites by following these guidelines:

• Consistent Server Location: Maintain a consistent server location, preferably in your home country. Online services often mistake logins from foreign countries as hacking attempts, as they can’t discern when you’re travelling. To minimize disruptions, consider using a VPN with dedicated IP addresses.
• Inform Your Bank About Travel Plans: Prior to travelling abroad, notify your bank about your plans. Effective communication is key in all situations, including online banking. By letting your bank know about your travel plans, you reduce the chances of your transactions being flagged as suspicious.
• Implement Two-Factor Authentication (2FA): Opt for banks that prioritize your security by offering two-factor authentication. This added layer of security confirms your identity, even if you’re connecting from a distant location. Regardless of your geographic location, 2FA reinforces your account’s protection.

By adhering to these guidelines, you can mitigate potential issues that might arise when using VPNs in conjunction with online banking. Your online banking experience can remain secure and hassle-free, ensuring that you have peace of mind while managing your finances from any corner of the world.

Access Bank of America with a VPN

Accessing Bank of America using a VPN can be challenging due to blocks on most connections, including NordVPN, ExpressVPN is currently effective for accessing Bank of America. Note that if you’re outside the USA, access to Bank of America might be restricted.

Whereas, Bank of America suggests using VPNs to stay safe while doing online transactions on public networks. But they also stop some VPNs from working to stop hackers from pretending to be someone else. This can sometimes cause trouble for regular people too.

However, if you use a VPN with lots of servers in the US, you’re less likely to have problems getting in.

Can I Use a Free VPN for Online Banking?

Using a free VPN for banking is not advisable due to potential security and privacy risks.

Free VPNs often lack reliability, strong performance, and robust security measures. While they can occasionally change your virtual location and unblock certain websites, they frequently come with drawbacks such as data collection, malware installation, and data selling practices. Even the best free VPN for online banking has its limitations, including slow speeds, few server options, data caps, and limited features. In essence, the absence of a payment subscription is compensated by reduced usability.

Among the more reasonable free options are reputable freemium VPNs like Proton VPN or Atlas VPN. Although not perfect, these options have servers in the US, which makes them viable for Bank of America users.

For a more reliable solution, consider using VPNs with free trials. If your preferred VPN provider doesn’t offer a trial, check if they have a money-back guarantee period that you can utilize. This approach allows you to experience the service’s capabilities without committing to a full subscription.

VPNs to Avoid for Online Banking

Can a VPN hack your bank account? Yes, there are certain VPN providers that should be avoided for online banking due to potential risks, such as data leaks and inadequate security measures. When choosing a VPN for online banking, it’s vital to prioritize privacy and security, as sensitive information is shared during financial transactions.

To help you make informed decisions is VPN safe for online banking, here are some VPN providers that are not recommended for banking purposes:

• Secure VPN: This VPN lacks transparency in its privacy policy, doesn’t specify its security protocol, and has exhibited DNS leaks during tests, which can expose your online activities.
• Tuxler VPN: Our testing indicated that Tuxler VPN collects extensive user data and shares it with third parties. Additionally, it doesn’t clearly outline its security protocols, raising concerns about online banking use.
• iProVPN: Tests revealed potential malware in the software, and server connection issues were observed, both of which are concerning for secure online banking.
• BeetVPN: Known for keeping user data logs and being very slow, making it unsuitable for a secure online banking experience.

More VPN Guides By VPNRanks:

• Best Residential VPN – Safeguard your online presence with Residential VPN.
• Best VPN for OKX – Safeguard your OKX trades with unbeatable security worldwide.
• What is IP Logging: Unveiling Online Tracking.

FAQs – Best VPNs for Online Banking

Conclusion

I hope we have cleared your confusion about whether do I need a VPN for online banking. Online banking is quite risky in this modern day and age due to possible scamming and hacking attacks online. Even if you get a secure connection online, it often occurs that your banking site is not available due to geo-restrictions. To access these geo-blocked banking sites or to secure them, you need to get the best VPN for online banking.

ExpressVPN is our top choice for bypassing geo-restrictions on the web and securing your information and activity online. It has been praised as a trustworthy VPN service due to its many easily accessible server locations, 160+ locations in 105+ countries. In addition, it’s also considered by the banks that allow VPN service that is both straightforward and extremely secure to use.

Without any more worries about your personal information being stolen or your device being infected with malware, get your premium VPN subscription today and start making swift and successful financial transactions instantly.