How to Withdraw Cash From Your Robinhood Account

The basic steps to move money out of Robinhood

To withdraw cash from Robinhood, you log into your account, go to the Account menu, select "Transfers", and choose "Transfer to Your Bank". You then pick the bank account you want the money to go to, enter the amount, and confirm. Robinhood will send the money to that account within one to three business days, depending on your bank.

The process is the same whether you're withdrawing cash from a regular brokerage account or from a Robinhood Cash Management account. The main difference is that Cash Management accounts let you withdraw to any linked bank account instantly, while regular brokerage accounts use the standard one to three day window.

You can only withdraw money that is actually cash in your account — not money that is tied up in stocks, options, or cryptocurrency. If you have unsettled funds (money from a recent sale that hasn't cleared yet), Robinhood will show you how much is available to withdraw right now and how much is pending.

Key Takeaways

• Withdrawals from a regular Robinhood brokerage account take one to three business days and go through the Account menu under Transfers.
• You can only withdraw cash that is fully settled — money from stock sales takes two business days to settle before you can move it.
• Robinhood Cash Management accounts offer instant transfers to linked bank accounts, though the money may take a day or two to appear depending on your bank.
• You must have a bank account linked to your Robinhood account before you can withdraw, and you can link multiple accounts if you want.
• There are no fees charged by Robinhood for withdrawals, though your bank may charge a fee for receiving an incoming transfer.

Linking a bank account before your first withdrawal

Before you can withdraw anything, you need to link at least one bank account to Robinhood. Go to Account, then select "Linked Banks". Click "Link a Bank" and follow the prompts — Robinhood will ask for your bank's routing number and your account number, both of which you can find on a check or by logging into your bank's website.

Robinhood verifies the account by sending two small deposits (usually under a dollar each) to that bank account. Your bank will show these deposits within one to two business days. Once you see them, go back to Robinhood, enter the amounts, and the account is verified. After that, you can withdraw to it immediately.

You can link multiple bank accounts — for example, a checking account and a savings account — and choose which one to send money to each time you withdraw. If you want to remove a linked bank account later, you can do that from the same Linked Banks menu, though Robinhood may require you to wait a certain number of days after linking before you can unlink it.

Understanding settlement and when money is actually yours to withdraw

When you sell a stock or option on Robinhood, the money doesn't become available to withdraw right away. Stock sales take two business days to settle, which means the transaction has to clear through the financial system. During those two days, the money shows up in your account as "unsettled" or "pending".

Options sales settle in one business day. Cryptocurrency sales are usually instant. If you try to withdraw before settlement is complete, Robinhood will show you only the cash that has fully settled and is ready to move.

This matters because if you sell stock on a Friday, it won't settle until Tuesday, and you can't withdraw it until Wednesday at the earliest. If you need cash quickly, cryptocurrency is the fastest route because the sale settles immediately.

Instant transfers with Robinhood Cash Management

If you have a Robinhood Cash Management account, you can transfer money to your linked bank account instantly instead of waiting one to three days. Cash Management is a separate account type that Robinhood offers — it's not the same as a regular brokerage account, though you can have both.

To use instant transfers, you link your bank account the same way, but the money moves to your bank immediately when you request it. Your bank may still take a day or two to show the deposit in your account, depending on how they process incoming transfers, but from Robinhood's side it's instant.

Cash Management accounts also come with a debit card and check-writing capability, so they function more like a bank account than a brokerage account. If you're interested in instant withdrawals, you can request to open a Cash Management account from the Account menu.

What happens if your withdrawal fails or gets stuck

Withdrawals occasionally fail if the bank account information is wrong, if your bank rejects the transfer, or if there's a temporary problem with the banking system. If this happens, Robinhood will show you an error message explaining why. The most common reasons are an incorrect routing number, a closed bank account, or a bank that doesn't accept transfers from brokerages.

If a withdrawal fails, the money stays in your Robinhood account and you can try again. Check that your bank account number and routing number are correct, and confirm with your bank that the account is active and set up to receive transfers. Some banks require you to turn on incoming transfers in their security settings before they'll accept money from outside sources.

If you've waited more than three business days and the money still hasn't arrived, contact Robinhood support through the app or website. They can see the status of the transfer on their end and tell you whether it cleared or where it got stuck.

Fees and limits on withdrawals

Robinhood does not charge any fees for withdrawals. The money goes out of your account free. However, your bank may charge a fee for receiving an incoming transfer, depending on your account type and the bank's policies — this is rare, but it's worth checking your bank's fee schedule if you're concerned.

There is no minimum withdrawal amount, so you can withdraw as little as a dollar if you want. There is also no maximum — you can withdraw your entire account balance in one transfer. The only limit is that you can only withdraw money that has settled and is actually in your account as cash.

If you have a margin account (where Robinhood lends you money to buy stocks), you may have additional restrictions on withdrawals if you're carrying a margin balance. In that case, you can only withdraw the amount that exceeds what you owe Robinhood.

Frequently Asked Questions

How long does it take for withdrawn money to show up in my bank account?

Robinhood processes the withdrawal within one to three business days. After that, it depends on your bank — most banks show the deposit within one business day of receiving it, but some take longer. If you don't see it after four business days, contact your bank to confirm they received it.

Can I withdraw money that I just deposited?

Yes, you can withdraw a deposit immediately. Deposits you make to Robinhood are available right away. The settlement delay only applies to money from selling investments, not to money you transfer in from your bank.

What if I want to withdraw but my bank account is no longer active?

You'll need to link a different bank account before you can withdraw. Go to Account, select Linked Banks, and add a new account. Once it's verified, you can use it for withdrawals. You can then remove the old account from your linked banks list.

Do I have to withdraw all my money at once?

No. You can withdraw any amount you want, as long as it doesn't exceed the cash you have available. You can make multiple withdrawals on the same day or spread them out over time — there's no limit on how many withdrawals you can make.

Can I withdraw to a bank account that isn't in my name?

No. Robinhood requires that the bank account you withdraw to be registered in your name. This is a regulatory requirement to prevent fraud and money laundering. If you need to move money to someone else, you'll have to withdraw to your own account first and then transfer it to them separately.