The same vault that is stored server side should be what is available locally. Older vaults may be different, so your mileage may vary.
I know that I examined my local vault and fields that were associated with a credential were encrypted, but names and URLs were not. Some URLs were stored with a token in them. Regardless of that fact, I cycled all of my credentials as I migrated to another provider.
ISLITASHEET t1_j86o22x wrote
Reply to comment by spsteve in Millions of passwords stolen from LastPass earlier than company disclosed: Report by BasedSweet
The same vault that is stored server side should be what is available locally. Older vaults may be different, so your mileage may vary.
I know that I examined my local vault and fields that were associated with a credential were encrypted, but names and URLs were not. Some URLs were stored with a token in them. Regardless of that fact, I cycled all of my credentials as I migrated to another provider.