How to Withdraw Money From Your Robinhood Account

The basic withdrawal process

To withdraw money from Robinhood, you go to the Account menu, select Transfers, then choose Withdraw. You pick a linked bank account, enter the amount, and confirm. The money typically arrives in your bank account within one to three business days, though Robinhood states it can take up to five business days in some cases.

You can only withdraw to a bank account you have already linked to your Robinhood account. Robinhood does not send checks, wire transfers, or payments to third parties. If you have not yet linked a bank account, you will need to do that first through the same Account menu before you can withdraw anything.

There is no fee to withdraw money from Robinhood to your bank account. The withdrawal goes directly from your Robinhood cash balance — the money sitting in your account that is not invested in stocks, options, or crypto.

Key Takeaways

• Withdrawals from Robinhood go only to a bank account you have already linked, and take one to five business days to arrive.
• You can only withdraw cash that is not currently invested in stocks, options, crypto, or other positions.
• If you sold a stock or crypto recently, the proceeds may be held for settlement and unavailable to withdraw immediately.
• Robinhood charges no fee for withdrawals, but your bank may charge a fee on its end depending on your account type.
• If a withdrawal fails, check that your bank account is still active and that you have not exceeded any daily or monthly limits your bank has set.

When money is available to withdraw

Not all money in your Robinhood account is available to withdraw right away. If you sold a stock, the cash from that sale is usually held for two business days while the trade settles. If you sold crypto, settlement is typically instant, but Robinhood may hold the proceeds for a short period depending on your account history.

Money you deposited into Robinhood is available to withdraw immediately in most cases. However, if you deposited by check or bank transfer, Robinhood may hold the deposit for a few business days before you can withdraw it. Robinhood will show you in the app which funds are available now and which are pending.

If you have a Robinhood Gold subscription (margin account), you may have borrowed money to buy stocks. You cannot withdraw more than your actual cash balance, which is reduced by any margin loan you owe. Paying back the margin loan first will free up that cash for withdrawal.

Linking a bank account for the first time

Open the Account menu in the Robinhood app or website, select Transfers, then choose Add a Bank Account. Enter your bank's name or routing number, then your account number. Robinhood will ask whether the account is a checking or savings account.

Robinhood verifies the account by making two small deposits (usually under $1 each) to your bank account. This takes one to two business days. Once the deposits arrive, you return to Robinhood and enter the exact amounts to confirm you own the account. After confirmation, the account is linked and you can withdraw to it.

You can link multiple bank accounts to Robinhood. This is useful if you want to split withdrawals between accounts or if one account becomes inactive. You manage all linked accounts in the same Transfers menu.

Withdrawal limits and holds

Robinhood itself does not set a daily or monthly limit on how much you can withdraw. However, your bank may have its own limits on incoming transfers. Check with your bank to see whether it caps the number or size of deposits you can receive in a single day or month.

If you have a pattern of frequent deposits and withdrawals, Robinhood may flag your account for review to prevent fraud. This can temporarily delay a withdrawal while Robinhood investigates. If this happens, you will see a message in the app explaining the hold.

If you have an unsettled trade or a pending deposit, that money is not available to withdraw. Robinhood shows your available cash balance clearly in the app — that is the amount you can actually withdraw right now.

What to do if a withdrawal fails or is delayed

If a withdrawal fails, Robinhood will show an error message in the app. Common reasons include a closed or inactive bank account, incorrect account information, or your bank rejecting the transfer. Check that the bank account is still open and that the routing and account numbers are correct.

Contact your bank to confirm they have not blocked transfers from Robinhood or set a limit that the withdrawal exceeded. Some banks require you to add a new payee before accepting transfers from that source. Your bank can also tell you if there is a daily or monthly cap on incoming transfers.

If the withdrawal was rejected by your bank, Robinhood will return the money to your account within one to three business days. You can then try again with corrected information or a different linked bank account.

Withdrawals typically take one to three business days, but can take up to five. Weekends and bank holidays do not count as business days, so a withdrawal requested on Friday may not arrive until Wednesday. If it has been more than five business days, contact Robinhood support through the app to report the issue.

Withdrawing from a closed or restricted account

If Robinhood closes your account, you can still withdraw any remaining cash balance. Robinhood will provide instructions for how to request the withdrawal. You cannot withdraw shares or crypto directly — you must sell them first and then withdraw the cash proceeds.

If your account is restricted (for example, due to a pattern Robinhood flagged as suspicious), you may still be able to withdraw cash, but Robinhood may require additional verification first. Check the notification in your account for specific instructions.

If you have an outstanding margin loan or owe Robinhood money for any reason, Robinhood will deduct that amount from your withdrawal. You cannot withdraw more than your net cash balance after all debts are paid.

Frequently Asked Questions

How long does it really take to withdraw money from Robinhood?

One to three business days is typical. Robinhood says it can take up to five business days. Weekends and holidays do not count. If you requested the withdrawal on a Friday afternoon, it may not arrive until the following Wednesday or Thursday.

Can I withdraw money if I have unsettled trades?

No. Money from a stock sale is held for two business days during settlement. Money from a crypto sale usually settles instantly but may be held briefly. Robinhood shows your available balance in the app — that is what you can withdraw right now.

What if I sold a stock but the money is not showing as available?

The proceeds are in settlement, which takes two business days from the sale date. Check the Transfers section of your account — Robinhood shows when each deposit or sale proceeds will be available. You can withdraw once the settlement period ends.

Does Robinhood charge a fee to withdraw money?

Robinhood charges no fee. However, your bank may charge a fee for receiving an incoming transfer, depending on your account type. Check with your bank about their policies on ACH transfers or deposits from investment apps.

Can I withdraw to a bank account that is not in my name?

No. The bank account must be registered to the same person whose name is on the Robinhood account. Robinhood verifies this during the account linking process and will reject accounts that do not match.