I have not yet ~ Would you?

Sure, why not. It is just another web browser when using Safari.

I do online banking...mostly bill pay. I don't know if I'd do it if the iPad was jailbroken though.

WIFI or 3g?
How secure is your WIFI connection? Would you use your lap for online backing?
Would you use your 3g phone for online banking?
If you answered yes then go for it. In you answered no then off to the bank you go.

I definitely do my banking on my iPad - even online bill pay on both secured and unsecured wifi networks. It's the same internet whether you're on an iPad of laptop, but the difference is that there are no key logging programs that can run in the background on the iPad like on a laptop or other computer to steal your passwords or credit card numbers when you type them in.

You can even do your banking on an unsecured (open) wifi network as long as the banking site you're dealing with has a secure SSL connection. It's indicated by "https://" at the beginning of the site's URL or a little padlock icon will appear at the top of the Safari window on the iPad/iPhone. Even if you're on an open network, the data you exchange between the banking site and your computer is encrypted, so no need to worry. Just make sure your know what to look for to ensure you have a secure connection.

Use It All The Time....

We use it for banking very often on our secure home WI-FI.

I use my desktop all the time for on line banking. So what is the difference, is that what you are saying?

Now this is interesting. And yes, my bank does have a secure SSL connection. Tell me something, how do I know if my wifi is secure here at home?

I have comcast.

I probably won't do online banking because I jailbreaked my iPad. It's probably ok, but I am not willing to take the risk. That's just one of the downsides to jailbreaking a device. It's less secure.

There's a difference between having a secure connection to a website through an SSL connection and having a secure wifi network, so I don't mean to have any confusion when I talk about the two. A wifi connection can be secured through encryption such as WEP, WPA, or WPA2. To see if your home wifi connection is secured, a padlock icon will appear next to your wifi network's SSID (name) in the wifi listing of your settings app on the iPad. If it's not secure, I suggest you encrypt it using either WPA or WPA2 (WEP is easy to get around) and use a good password. How to encrypt your wifi, however, will take a visit to the manufacturer's website that makes your router.

No I wouldn't. I need something a lot quicker along with multitasking. The iPad wouldn't keep up with all my bills

All the time.....

Thanks for this! I am getting my router in a few days ~ and I will be looking for you.

Too funny!

I have not yet. Don't really know why I'm trippin about it as my bank would replace anything....

But could still be a potential nightmare in the process.

I'd argue that the iPad is MORE secure than a laptop. I don't think iOs has been targeted by hackers yet. Far more likely to have a trojan on your Windows (or even Mac) PC than an iPad.

At home yes on my secured network, not sure about a free hot spot though. If my bank had an ipad specific app I would use it. Not sure if my bank has done that yet. Will have to check.