Oh, heck no. A VPN can help make sure you're not snooped on when connecting between your computer and a website. But the website itself is quite capable of some serious privacy violations. For example, a VPN can't protect you against a website setting a tracking cookie that will tell other websites about you. A VPN can't protect you against a website recording information about products you're interested in. A VPN can't protect you against a website that sells your email address to list brokers. Yada, yada, yada.
A lot of people avoid using VPN providers based out of the United States on the premise that US law would compel those providers to log all VPN activity. Counterintuitively, there are no such data logging requirements for US-based VPN providers. They might be compelled under another set of laws to turn over data if they have any to turn over, but there is no requirement they even keep the data in the first place.
This could be bad. I'm not terribly concerned if Comcast discovers my secret passion for muscle cars and I get more ads for car customizing kits. It might be annoying, but I'm not doing anything I really want to hide. Where the problem could occur is if ISPs start inserting their own ads in place of ads by, say, ZDNet. That could cut off the revenue that keeps websites alive, and that could have very serious repercussions.
These folks have been around since 2010, and don't log anything. They provide a generous five connections, a connection kill switch feature, and some good online documentation and security guidance. Our one disappointment is that their refund policy is 7-days instead of 30, but you can certainly get a feel for their excellent performance in the space of a week.
One of the most popular VPN services in the market, HideMyAss has a myriad of features that are sure to attract anyone who wants online anonymity. It uses a variety of servers that work with any operating system or mobile device. Aside from PPTP and OpenVPN protocols, the service supports L2TP, which is more difficult to block. Ideal for getting around censorship and firewalls.
While you're connected to a VPN, all your network traffic passes through this protected tunnel, and no one—not even your ISP—can see your traffic until it exits the tunnel from the VPN server and enters the public internet. If you make sure to only connect to websites secured with HTTPS, your data will continue to be encrypted even after it leaves the VPN.