The five best VPNs for online banking in 2023

Abeerah Hashim Last updated: December 31, 2022 Read time: 16 minutes Disclosure

If you keep your bank account safe in this day and age, you have to meet your bank's safety efforts halfway. Using a premium VPN for online banking is the best way to do that.

Sneak peek at using VPNs for online banking

Online services and mobile apps have made banking easier than ever by offering various options to manage your account and transfer funds from anywhere. However, all this sensitive information is highly vulnerable to cyber-attacks. Therefore, using a reliable VPN service is crucial to protect your banking data. The best online banking VPNs offer robust encryption and employ the finest connection protocols to protect your information. Moreover, these VPNs provide multiple high-speed servers across the globe to help you evade geo-restrictions and access your bank’s website from abroad.

Today, everyone has a bank account and a relevant banking branch nearby. Yet, most people try hard to spend as little time at banks as possible because it’s never a great experience. That’s why ATMs appeared first, followed by quick digital banking – thanks to the rapid internet revolution. Nonetheless, this banking evolution brings with it its own security risks, thus triggering the need to use a VPN for online banking.

But what are those risks? Where to find the best banking VPN? If that’s what you are tensed about, don’t worry. This article highlights all those details alongside listing the top banking VPN apps you can use today.

Top 5 internet banking VPNs – Quick list

If you want to ensure your safety and protect your interactions with your bank, you need a VPN service. There’s no way around that. If you are already sold on the idea and more or less conversant with the VPN world, here’s the gist of our findings. However, those readers looking for more in-depth information can find it in the following sections.

Here are the best bank account VPNs.

  1. ExpressVPN. The most significant reputation in the VPN-verse also delivers the goods for this task.
  2. NordVPN. A top-notch VPN for almost every task out there is also great for banking.
  3. Surfshark. A budget-friendly option that will give you almost the same perks like the best VPNs.
  4. Private Internet Access. A privacy champion with a track record supported by court cases.
  5. CyberGhost. The friendliest options for VPN rookies.

Why should I use a VPN for online banking?

As the internet took off as a mainstream tool, digital banking also appeared. Then, as smartphones took over the world more recently, digital mobile banking became an essential activity for every bank account holder.

Undoubtedly, banking apps help us manage our money effectively. They let us keep a close eye on our expenses at any time, check our balance, make payments, print receipts, transfer funds to other accounts or banks, and much more that we hardly visit physical banks anymore, fortunately.

But this abundance of practical advantages from mobile banking apps has overshadowed the actual purpose of using a bank — to keep our money safe.

PrivacySavvy has stated countless times that internet security is your responsibility. Neither your government, your ISP nor your bank will accept any liability for any bad things happening to you in the digital realm. Unfortunately, this simple fact is a little harder to grasp for banks because we’ve grown used to seeing how they spend lots of resources on security.

Although, mobile banking moves a lot of the power into your hands. But if you perform personal financial operations online in a public, unprotected WiFi hotspot, you broadcast all your private financial data to the world.

In other words: you put your bank’s efforts to secure digital operations in vain.

Your bank is aware of those risks, so most banks issue one-time passwords, login tokens, and other additional security measures intended to lower the dangers of digital banking.

Nonetheless, it would help if you put in the effort from your end. That’s where you need to use a VPN for online banking. Using one keeps your online activities safe from prying eyes, even if you use a public internet connection, like a hotel WiFi. Also, you can use the same VPN to access your bank account, for example, your Bank of America account abroad without fearing account blocking.

5 best VPNs for banking in 2023 – Detailed list

Now that you know how a VPN protects your digital banking let’s move on to the best VPNs for bank transactions.

But before we advise you on that, let us remind you about some basic security facts.

A VPN is probably the essential tool you can have to secure your digital experience. But it’s not the only thing you need, and it doesn’t do everything. There is no silver bullet in the digital security world. It would be best to have a good antivirus suite and a password manager. Otherwise, the security holes that your VPN fixes still leave other holes around your system that an intruder could exploit to harm you. Digital security is always about the integral approach.

So now, let’s go ahead and talk about the best five VPNs you could consider using to have a safe digital banking life.