Best VPNs for Online Banking in Australia 2023
Do you often process digital payments and are now looking for the best VPN for online banking in Australia to secure your financial activities? With countless fraudsters in the industry, it is wise to use a reliable VPN as your safety tool.
Scammers and hackers are common in the financial market today, actively looking to grab your bank accounts. A VPN like ExpressVPN comes to your rescue as it encrypts your data, hiding your original IP address. By using a VPN, you can conveniently use the banking apps without fearing your financial loss.
However, it is important to note that all VPNs are not safe for online banking. After carefully investigating 50+ VPNs in the market, we have shortlisted the three best VPNs that you can use without any hesitations. Let’s explore all the details about the best VPNs for online banking systems. Say goodbye to all the fraudulent cyber activities!
Why do you need a VPN for Online Banking in Australia?
You need a VPN for online banking to ensure the security of your financial details and the privacy of your transactions. A VPN encrypts your online data and routes your traffic through a different IP address, hiding your original details on the internet.
A VPN ensures protection against cyber attacks and ensures safe logins on any website or application. It also enables you to bypass geo-limitations, helping you to access your bank account from any region. Although banks encrypt their systems to ensure protection from hackers, using the best VPN online banking adds an extra layer of security.
However, all VPNs aren’t safe to use for online banking. Free VPNs are extremely risky to use. We recommend using only the premium VPNs. ExpressVPN is the best VPN for online banking.
3 Best VPNs for Online Banking in Australia – [Detailed Analysis 2023]
Here is a detailed analysis of the best VPNs for online banking in Australia.
1. ExpressVPN: Best VPN for Online Banking in Australia
ExpressVPN is the best VPN for online banking in Australia offering 3000+ servers in 94+ countries. It hides your original IP address within a minute.
When we conducted the ExpressVPN speed test in Australia, we received a downloading speed of 89.42 Mbps and an uploading speed of 84.64 Mbps on a connection of 100 Mbps.
Due to its exceptional unblocking capabilities, you can also access geo-blocked financial sites in your region. It employs AES 256-bit data encryption and IP/DNS/WebRTC leaks to ensure your online privacy. Network lock, kill switch, threat manager, split tunneling, no-log policy, etc., are the features that ensure your digital safety when you are connected to ExpressVPN.
If you want to use a VPN for online chat sites, ExpressVPN is the best VPN for WeChat in Australia. If you want to enjoy all the latest blockbuster movies, you’ll be happy to find out that it is the best VPN for Stremio in Australia.
ExpressVPN is compatible with all devices like Android, iOS, macOS, Windows, Linux, routers, Firestick, etc. It is said to be the best VPN for TP Link routers in Australia. For devices that do not have built-in support for VPNs, ExpressVPN has a MediaStreamer feature. Users are allowed to connect a maximum of eight devices on one ExpressVPN account.
ExpressVPN free trial in Australia is offered for 7 days on mobile devices. New users are entitled to a money-back guarantee of 30 days. For any assistance, the customer support team of ExpressVPN is available 24/7 via live chat or email support.
The cost of ExpressVPN is only AU$ 10.33 /mo (US$ 6.67 /mo ) (Get 49% Off + 3 Months FREE on its 12-Month Plan). Sign up for it now and enjoy a risk-free banking experience. Moreover, it is easy to cancel ExpressVPN’s subscription in Australia at any time. You can read our ExpressVPN review Australia for more details.
- Excellent security protocols
- Lightway protocol and strong encryption
- Secure and stable server connections
- Accepts payment via Bitcoin
- Expensive service
2. Surfshark: Budget-friendly VPN for Online Banking in Australia
Surfshark is a pocket-friendly VPN for online banking in Australia offered at only AU$ 3.86 /mo (US$ 2.49 /mo ) (Get 84% + 2 Months FREE on 2-Year Plan). Despite the low cost, it offers all the advanced security features, making online banking a seamless experience. It successfully passed the IP/DNS leak test conducted by our team on its servers. Without any doubt, it is the best VPN to use for banking online.
It has a network of 3200+ servers in 65+ countries. When connected to Surfshark, you can access geo-restricted banking platforms without any hassle.
During the Surfshark speed test in Australia, we received a downloading speed of 81.32 Mbps and an uploading speed of 76.12 Mbps on a connection of 100 Mbps.
Streaming fans would be glad to know that Surfshark is one of the best VPN for IPTV in Australia, allowing you unlimited access to all your favorite American shows.
You can connect unlimited devices on one Surfshark account. It has apps for Windows, Linux, macOS, iOS, Android, routers, etc. For its P2P network, Surfshark is also considered to be the best VPN for torrenting. Using IP address-changing technology, you can browse the web anonymously and safely.
No borders mode, zero log policy, Clean Web, camouflage mode, kill switch, AES 256-bit data encryption are the security protocols of Surfshark.
You can get Surfshark free trial in Australia of 7 days on mobile devices. For any help, its customer support team is available 24/7 via live chat or email support. Surfshark also offers a money-back guarantee of 30 days. If you are unhappy with the service, you can claim a full refund. If needed, you can conveniently cancel your Surfshark subscription in Australia at any time.
Read our Surfshark review Australia for more information.
- Low cost VPN service
- Advanced security protocols
- Military level encryption
- Obfuscated server technology
- Some servers are a bit slow
3. NordVPN: Secure VPN for Online Banking in Australia
NordVPN is a secured VPN for online banking in Australia with 5600+ servers in 59+ countries. Connecting to any of its servers, you can unblock banking sites within a few seconds. All the servers of NordVPN are reliable, making it one of the best VPNs for online banking.
During the NordVPN speed test in Australia, we received a downloading speed of 83.82 Mbps and an uploading speed of 44.64 Mbps on a connection of 100 Mbps.
In addition to online banking and streaming, NordVPN is also considered to be the best VPN for ubuntu in Australia. On one NordVPN account, you can simultaneously use up to six devices. It is compatible with Android, iOS, Windows, Linux, macOS, etc.
Double VPN, kill switch, split tunneling, NordLynx, obfuscated server technology, etc. are the advanced features of NordVPN. When you connect to NordVPN, it never keeps track of your online activities. Additionally, it employs the AES 256-bit data technique to encrypt your traffic.
The cost of NordVPN is AU$ 6.18 /mo (US$ 3.99 /mo ) (Get 57% Off + 3 Months FREE on 2-Year Plan). It is a risk-free VPN with a money-back guarantee of 30 days. You can use their 24/7 customer support if you need any help while using the service. On Android smartphones, you can take advantage of NordVPN free trial in Australia, which is for 7 days.
- Huge network of reliable servers
- Robust security protocols
- NordLynx for quick server connection
- Dedicated IP addresses
- The Windows app takes a lot of space on the screen
Testing Methodology: How to Choose the Best VPNs for Online Banking in Australia
To choose the best VPN for online banking, we have shared a quick testing methodology. This criteria will help you make a suitable choice when subscribing to the best online banking VPNs:
Strong Server Network: A VPN offering reliable servers in the same location as well as in diversified regions is necessary. It will help you unblock the banking site of any region from the comfort of your home location. In case you face any issues when using a specific server, you can switch to another server of the same location.
Speed: Although online banking does not consume a lot of data like streaming, ensuring a high-speed connection is still important. Advanced protocols like NordLynx or WireGuard ensure robust security as well as optimized speed of the servers.
Security Features: WireGuard, DoubleVPN, split tunnelling, threat manager, ad blockers and kill switch are the additional security features that you must prefer having on the VPN service you are using. Using a VPN with advanced security protocols is important to ensure the protection of your financial details.
Automatic Wi-Fi Protection: As your financial details are highly confidential, you must use a VPN that has automatic Wi-Fi protection. It adds an additional layer to your digital security.
Military-grade 256-bit AES encryption: AES 256-bit data encryption is a military-level security protocol. It ensures the safety of your online data, which is crucial when you are making online financial transactions.
Price: Sign up for a VPN service that offers reasonable pricing plans and flexible payment options. These days, some VPNs also allow you to process payments through Bitcoin or cryptocurrency so that your personal details aren’t exposed on their platform as well.
Easy to Use: When signing up for the best VPN for online banking, choose a service that offers user-friendly applications. Prefer the service that has apps compatible with all the primary devices and operating systems. The VPNs we have recommended in our guide also offer round-the-clock customer support so that you can easily resolve all the issues you face when using the service.
How to Secure Online Banking with a VPN in Australia?
Follow these simple steps to secure online banking with a VPN:
- Sign up for the best VPN for online banking like ExpressVPN.
- Download and install the online banking VPN app on your device.
- Launch the app and sign in.
- Connect to the server location of your bank’s country.
- Go to the banking website or app. Enjoy secured banking!
Quick Comparison: Best Online Banking VPNs in Australia
Below, we have shared a quick comparison of the best online banking VPNs in Australia:
|No. of Servers||3000+ servers in 94+ countries||3200+ servers in 65+ countries||5600+ servers in 59+ countries|
|Jurisdiction||British Virgin Island||Netherlands||Panama|
|Live Customer Support||Yes||Yes||Yes|
|Price||AU$ 10.33 /mo (US$ 6.67 /mo ) (Get 49% Off + 3 Months FREE on its 12-Month Plan)||AU$ 3.86 /mo (US$ 2.49 /mo ) (Get 84% + 2 Months FREE on 2-Year Plan)||AU$ 6.18 /mo (US$ 3.99 /mo ) (Get 57% Off + 3 Months FREE on 2-Year Plan)|
|Money-back guarantee||Yes, 30 days||Yes, 30 days||Yes, 30 days|
FAQs – Best VPN for Online Banking in Australia
Is a VPN safe for online banking in Australia?
Yes, using a VPN is safe for online banking. It does not have any negative impact on your online banking experience; however, a VPN sometimes slows down your connection speed. Using a VPN for online banking adds an extra layer of security to all your financial details.
Do banks block VPN in Australia?
Yes, many banking apps and websites block VPN servers to prevent fraudulent activities. Your bank might flag your account if it identifies that you are accessing its website with a virtual IP address instead of your original one.
Does a VPN affect online banking in Australia?
Using a VPN enhances the security of your online banking; however, it sometimes slows down your internet connection. It is also essential to note that you must connect to your country’s server on the VPN app when you want to use it for online banking. If your bank identifies that you are using its site with a foreign IP Address, it might find your account suspicious.
However, it is essential to use only reliable VPNs. ExpressVPN is the best VPN for online banking.
Can I use a free VPN for Online Banking in Australia?
No, it is not recommended to use a free VPN for online banking. Free VPNs are known for selling their users’ data to third-party companies for revenue generation. For a secure banking experience, we recommend using only premium VPNs. ExpressVPN is the best VPN for online banking, with a money-back guarantee of 30 days.
Using a VPN enhances the security of your online bank accounts. It protects your financial details from fraud and attackers. However, it is crucial to understand that not all VPNs are safe to use for online banking.
We have conducted a thorough evaluation to find out the best VPN for online banking in Australia. ExpressVPN is the best VPN service, offering reliable servers, robust security protocols and excellent customer support. Surfshark and NordVPN are also great options that can be considered for the security of your online banking.
Get your VPN subscription today without any more worries about your financial details being exposed. For any further questions on the best VPNs for online banking, comment below.