How To Choose The Best VPN For Your Online Banking Activities In Canada

Which VPNs In Canada Is The Best For Online Banking?

The world we live in today is loaded with fraudulent activities at every turn. 

There are people with an ounce of conscience who will do anything to lay their hands on your sensitive banking data so they can use it to steal your hard-earned money deposited in the bank. 

And since you cannot afford to watch someone steal the money you have worked for all your life, you must protect it by keeping your banking information safe from hackers and cybercriminals.

This is part of being an intelligent business person. Knowing how to protect your property and vital information shows the rich stay rich. 

Those who do not know this eventually lose all they have worked for hackers and cybercriminals. 

You will need a strong VPN to protect your data from prying eyes and criminals to ensure this does not happen to you. 

This is why you need a good VPN app to protect your banking information whenever you transact with your bank.

Although online banking is beneficial and convenient, it also puts you and your information at risk of fraudsters and hackers who can hack you, especially if the transaction is over unsecured networks. 

In this article today, we will look at 5 of the best VPN apps that can be used to guard your banking information from the eyes of hackers and fraudsters in Canada. 

With these VPN apps, you can rest assured each time you access your bank, knowing that the only thing the hackers see is gibberish. 

You are the only one who sees all the senses on your screen. Let us get started.

Best VPNs For Online Banking In Canada

Here are our top recommended VPNs to use for your everyday banking activities in Canada:

  • CyberGhost
  • ExpressVPN
  • Surfshark

#1

CyberGhost

cyberghost

This is one of the best VPN apps in Canada that can be used for protecting online bankers. 

However, Canadians have been sleeping on this VPN server for some time. 

It may not be able to compete with ExpressVPN and NordVPN, but it can still hold its own. 

CyberGhost also uses AES-256-bit encryption to secure your online data.

The VPN also ensures protection against DNS and IP leaks and offers a kill switch to ensure your traffic does not leak in case the internet connection drops. 

cyberghost kill switch

With over 7000 servers in 91 countries, CyberGhost is one of the best VPN apps for online banking if you cannot afford ExpressVPN and NordVPN. 

Price Of CyberGhost

CyberGhost costs CAD 3.27 per month

Pros

  • It has an extensive network of servers
  • It can be customized easily
  • Offers a 45-day money-back guarantee instead of 30 days

Cons

  • Speeds can be inconsistent when using OpenVPN

Private Internnet Access

private internet access (PIA) VPN

This is one of the more affordable VPN apps to keep your online banking secure in Canada. 

It has valuable security features, such as an ad blocker, DNS leak protection, and IP leak protection. 

The VPN app also uses military-grade AES-256-bit to ensure that the security is truly tight. 

It also uses OpenVPN as its default protocol, along with the WireGuard protocol, which makes the VPN app perform better.

You can also avoid entering malicious websites using the built-in ad blocker known as MACE. 

This security feature ensures you avoid malicious websites since that is one of the ways hackers and scammers steal banking data from people. 

The MACE security feature also blocks any ads and cross-site trackers. 

Price Of Private Internet Access

Private Internet Access costs CAD 2.94 per month and comes with two months of free.

Pros

  • Quite affordable
  • Has WireGuard protocol
  • Has a dedicated IP address

Cons

  • Upload speeds can be inconsistent at times

#3

ExpressVPN

ExpressVPN canada

If you are looking for the most secure VPN to secure your online banking activities, ExpressVPN is the best candidate for the job. 

It has one of the best encryption algorithms in the VPN industry with the industry standard AES 256-bit encryption. 

ExpressVPN also has a lot of servers in Canada and around the world. It has served 94 countries, with some of these servers being obfuscated servers that prevent people from seeing that you are using a VPN app to hide your presence on the internet. 

ExpressVPN also uses several protocols, such as OpenVPN and IKEv2, along with the modern ‘Lightway’ protocol. This makes the VPN faster while ensuring its security is still tight.

Price Of ExpressVPN

ExpressVPN subscription plans start at CAD 8.80 each month. The VPN also offers a 30-day free trial period with a money-back guarantee.

Pros

  • Great security features
  • Uses Lightway protocol
  • It is swift

Cons

  • Quite expensive but it’s worth the price

#4

Surfshark

surfshark

If you need more money to pay for top premium VPN apps such as ExpressVPN and NordVPN, then the next best capable VPN app you could get is Surfshark. 

It is a decent alternative and is best for someone who needs help to afford the plans offered by the two premium VPNs in Canada.

Although Surfshark may be cheaper when compared to ExpressVPN, it still needs to do away with security and privacy. 

That is the opposite. The VPN has the ‘camouflage’ mode, which is used for obfuscating your internet traffic. 

There is also the ‘No Borders’ mode which is used for bypassing restrictions in any restrictive nation. 

You can also connect any number of devices you like to the VPN, as there are no limits to the number of connections one can make. 

Surfshark also offers more than 3200 servers in about 65 countries. This makes it one of the best options for anyone looking for a good VPN app to secure online banking.

Price Of Surfshark

Surfshark subscription plans start at CAD 3.5 each month. 

Pros

  • Long-term plans are cheaper
  • Can connect any number of devices without limit

Cons

  • Can be slow

#5

NordVPN

nordvpn canada

The next VPN behind ExpressVPN is always NordVPN when choosing the best VPN app in Canada. 

With NordVPN, you will not have to worry about your data when banking online. 

NordVPN follows closely behind ExpressVPN, so there is no harm in passing over ExpressVPN for it. 

It has some of the best VPN features in the industry, making it one of the best VPN apps to choose from if you want to keep your banking data secure.

In terms of security, it also uses AES 256-bit encryption to keep your information secure in any network. 

It also uses the double VPN feature, ensuring your internet traffic has been encrypted two times. 

It also has features that block malicious websites, so you do not go there. 

Another good thing about NordVPN is the dedicated IP address it offers. This is because you cannot use a different IP address to access your account every time, your bank will flag your account once it notices this. 

The way around this is the dedicated IP address offered by NordVPN. This will allow you to access your account without any hassle, although you must pay more to access this feature. 

Price Of NordVPN

The price of NordVPN is CAD 4.64 per month.

Pros

  • Has double VPN servers
  • Uses the NordLynx protocol
  • Offers dedicated IP addresses

Cons

  • It can be expensive when using the monthly plan

Frequently Asked Questions

Do I need to use a VPN app for banking in Canada?

Using a VPN app to keep your online banking secure in Canada is a must if you do not want your bank details to fall into the hands of scammers and hackers. 

A VPN will mask your internet traffic and route it through its servers, ensuring that no one else can see what you are doing through encryption. 

In this way, hackers and scammers cannot keep your banking information. 
Your ISP, the government, and companies will also not be able to spy on your online activities since the VPN app will keep you anonymous while you are online.

So if you value your safety and privacy online, use a top premium VPN app such as ExpressVPN or NordVPN whenever you go online.

Is a free VPN good for online banking?

If you want to ensure that hackers and scammers cannot access your banking data, please avoid free VPNs. 

Any VPN that is 100% free is usually not safe and will not be able to provide the protection you need when you go online to do transactions. 
So even though you can use free VPNs for online banking in Canada, it is better to stay away from them.

Which is the best VPN for online banking in Canada?

Most businesses and individuals use the top premium VPN apps ExpressVPN and NordVPN. 

These two are touted as the best VPN apps in the industry and are known to have a solid reputation in terms of security and not keeping any logs of their user’s activities. 

However, you can use a VPN such as CyberGhost and Private Internet Access if your budget will not allow you to sign up with the top guys.

Also Read:  Our Best VPNs For Streaming Vudu In Canada

Conclusion

Banking online is effortless. However, it has also become dangerous due to scammers and hackers who steal the banking data of unsuspecting people. 

Therefore to keep these criminals at bay, the best thing to do is to get a premium VPN app to secure your online activities so they will not be able to harm you. 

In this article, we have looked at some of these top VPN apps that will aid you in making a decision, you can also check out the best VPNs for iPhone users in Canada.

We hope today has been helpful. If you have any questions, please drop it in the comment section below.

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