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  • About LastPass
    • LastPass features
  • LastPass product rating: 3.5 stars
  • The pros of LastPass
  • The cons of LastPass
  • LastPass alternatives
  • FAQ
moneyGenius Team
Written and Edited By

LastPass is a popular password management tool available for Canadians. Even if you only opt for the free version, you'll be able to store an unlimited amount of passwords, which can be automatically generated for extra protection. Unfortunately, you'll only be able to access your passwords on one device, unless you pay for the premium plan.

Apart from its 2 personal plans, LastPass also offers a family plan for a significant discount, as well as 3 different business plans (although we didn't look at business plans for this review). One of the best features of LastPass is the ability to easily and securely share passwords between users.

LastPass features

Interested in what LastPass can offer you? Here's a summary of its personal plans.

LastPass
3.5
Genius Rating
Why You Want It
Safely store all of your passwords + Share passwords with premium plan.
Special Features
  • Business, single user, and family plans available to easily share passwords
  • Premium plan includes dark web monitoring, 1GB storage, and priority tech support
Eligibility
Provinces
ALL
Features
Min Monthly Fee
$0.00
Max Monthly Fee
$5.50
Number Of Users Included
1-6
Can Be Used For All Devices
Yes
Generates Passwords
Yes
Multi Factor Authentication Supported
Yes
Ability To Share Passwords With Others
Yes
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LastPass product rating: 3.5 stars

As one of the most popular password managers out there, LastPass offers plenty of features for pretty low fees. At the core is a way to save unlimited passwords across all your devices, but you'll also get a host of other online security features. These include dark web monitoring, as well as auto-generating passwords.

Though it's nice to have a free version of LastPass, you likely won't get much use out of it, since the saved passwords can only be used on one device. This is really the major downside of the free service.

Rating methodology

To calculate our Genius Ratings, we compare the features of the account or product in question with other similar products in Canada. We give each feature a score out of 5 based on that comparison. Once we’ve rated all the features, we run them through our proprietary algorithm to produce a final rating out of 5.

Learn more about our rating methodology.

The pros of LastPass

There are many upsides to LastPass.

Pros

pro Free version available

If you don't have any room in your budget for yet another monthly subscription, you can opt to use LastPass completely free. The free plan includes unlimited password protection, access on one device type (either computer or mobile), plus auto-generated and auto-filled passwords.

pro Family plan available

If you're planning on going premium, you can opt for the family bundle for only $5.50 a month. With this plan, you'll get 6 premium licenses, plus the ability to easily share passwords with each other. Since the solo premium plan is $4.25, the family plan is amazing value.

pro Dark web monitoring with premium plan

LastPass premium comes with dark web monitoring, which checks if your email address has been compromised by searching for it in a database of breached credentials. If your email is found, you'll be automatically notified so you can quickly update your passwords.

pro 1GB of encrypted storage with premium plan

As an added bonus for paying the premium fee, you'll get 1GB of encrypted file storage, which can be used for things like tax returns, passports, photo IDs, and similar files. 1GB isn't a whole lot of room, so it won't serve as a replacement for your normal cloud storage, but it's plenty if you're just looking to store the essentials.

pro Easily share passwords without compromising them

One of the best features of LastPass is the ability to create shared folders between the users on your family plans. That way, multiple people can access the same passwords without everyone knowing what the passwords actually are. They'll still be encrypted to the people you send them too, but they'll be able to use it on their browsers.

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The cons of LastPass

Here are a few of the downsides to LastPass.

Cons

con No email support for free users

If you're a free user, the only form of support you'll have is the FAQ and the chatbot. Premium users have access to the email service, but only business users have access to 24/7 phone support.

con Limited access to passwords for free users

If you opt for the free version, you'll get limited use out of your LastPass account – since you can only use it on one type of device. You can choose to either access your passwords on desktop or mobile, but it can't be both. In such a digital age, where we're constantly moving from our phones to desktops, this could be a huge pain.

LastPass alternatives

Here's how LastPass compares to other password managers on the market.

 LastPass1PasswordDashlane
AccountLastPass1PasswordDashlane
Genius Rating3.52.22.7
Why You Want ItSafely store all of your passwords + Share passwords with premium plan.Master impenetrable passwords + Access them from any device, anywhere.Get top-tier password security + Choose from personal or business plans.
Min Monthly Fee$0.00US$2.99US$4.99
Max Monthly Fee$5.50US$7.99US$7.49
Number Of Users Included1-61-51-10
Can Be Used For All DevicesYesYesYes
Generates PasswordsYesYesYes
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See more 1Password products
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Learn More
See more Dashlane products
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FAQ

What is LastPass?

LastPass is password management software, which means it will securely store all your passwords in one place and auto-fill forms on saved sites. LastPass can also generate passwords, making them much harder to guess.

Is LastPass safe?

Yes, LastPass is a safe tool that uses bank-grade encryption to ensure your personal information is secure. You can learn more about it here.

Has LastPass been hacked?

Yes, LastPass has been hacked, once in 2015 and again in August of 2022. No encrypted vault data was compromised, thankfully, largely because LastPas doesn't keep your master password stored, so even when they're compromised, your data isn't.

Is LastPass free?

LastPass has a free version which will let you store an unlimited amount of passwords for use on one type of device (either desktop or mobile).

What's the difference between LastPass free and LastPass Premium?

Both versions can store an unlimited amount of passwords, but LastPass free users can only access their shared passwords on one type of device. LastPass Premium, on the other hand, gives you access to your passwords on all devices, plus extra features like 1GB encrypted storage, dark web monitoring, and more.

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Editorial Disclaimer: The content here reflects the author's opinion alone, and is not endorsed or sponsored by a bank, credit card issuer, rewards program or other entity. For complete and updated product information please visit the product issuer's website.

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