August 6, 2020

When to Use a VPN for Online Banking – Our Guide

Posted by kevin

Technology and the internet have made several of our daily activities much easier. For instance, online banking is a convenient way of managing your finances and making a wide range of financial transactions. You can pay your bills, transfer your money, check your bank statements, and more—all from the comfort of your home. However, although online banking makes life easier, it involves sharing your sensitive information and personal data over the internet. 

Banks do their best to keep all accounts secure and protected, but some users still have concerns regarding financial loss, identity theft, and the security of their accounts. To address these concerns, using a VPN for online banking might be the answer.

  • Why should I use a VPN for online banking?
  • When is the best time to use a VPN for banking?

Why Should I Use a VPN for Online Banking?

A virtual private network, also known as a VPN, provides you with a strong defense against criminals, particularly data snoopers and hackers. It works by making your connection anonymous on the internet, allowing you to do various online activities without leaving any trace. 

Online banking without a VPN leaves you vulnerable to hackers and criminals who want to steal your money or identity. On the other hand, if you use a VPN, you can enjoy browsing online since VPNs also encrypt your data and traffic. This makes online banking safe as well. In essence, VPN protection is particularly useful when handling sensitive and personal information, such as online banking.

What Are the Best Instances to Use a VPN for Online Banking?

Using Your Bank’s Mobile App

Using your mobile devices to complete various tasks, including online banking, may be convenient, but it involves safety risks. Some viruses and many hackers often target mobile phones for data theft. To ensure that your account and data are safe when using your bank’s mobile app, use a VPN.

When Banking on Public Wi-Fi

Online banking on-the-go poses safety risks. That is especially true if you use a public wi-fi connection. Although public internet is convenient, one person with technical know-how on a network can see the activities of anyone else on the same network. Fortunately, your private information is more secure when you use a VPN because they hide your location and IP address, and encrypt your data. Hackers will have a harder time breaching your device and accessing your account over public wi-fi with a VPN enabled.

Accessing Your Bank Account While Travelling 

Some banks have a safety feature that blocks access to your bank account if it detects any banking activity from abroad. It is an excellent safety measure, but it could create potential problems, especially if you need to bank online while travelling. To avoid getting locked out of your account, use a VPN to connect to a server in your home country.

All the Time

Ultimately, your banking information is some of the most important data you need to protect. While many financial institutions are great at keeping their app’s safety protocols up-to-date and safe, extra protection is never a bad thing. As a result, we recommend that you use a VPN for online banking every time. A good virtual private network service will cost you less than a data breach.


When handling sensitive information and money, you can never be too sure. Although securing your online bank account can be done in many ways, one of the most effective of them all is using a VPN. Trust only a reliable VPN company that offers private and secure access to the internet and guarantees that you are safe from hacking.

If you are looking for a VPN service, you can count on HotBot VPN. We ensure that all your internet activities are secure. 

Posted by kevin

More Blog Posts

February 14, 2023

How the Investigatory Powers Act Impacts Citizen Privacy

In 2016, the United Kingdom passed the Investigatory Powers Act or IP Act, into law. This act empowered the government and related agencies to access and collect citizen data, without consent. Critics immediately slammed the new law. The media dubbed it the “Snoopers’ Charter.” Meanwhile, Edward Snowden described the act as “the most extreme surveillance […] Read more

February 14, 2023

How to Easily Unblock Wikipedia with HotBot VPN

Wikipedia puts a wealth of information at your fingertips. Everything from the biography of Alexander Graham Bell to the basics of quantum computing can be instantly opened by curious browsers. But what happens when you can’t access that information? Whether a business network blocks it or a particular country censors it, don’t let that slow […] Read more

February 14, 2023

How to Unblock Skype with HotBot VPN

Need to make a business call? Want to talk to your grandma an ocean away? Excited to video chat with your friends on the weekend? Chances are, Skype is your go-to video messaging service. It allows users to connect to people anywhere in the world. Anywhere, that is, where Skype isn’t blocked. Unfortunately, networks may […] Read more

Get the HotBot VPN Mobile App.

Download our apps for iOS and Android