How to Withdraw Cash From Your Robinhood Account

Robinhood lets you withdraw money to your linked bank account, and the speed depends on which account type you have and which withdrawal method you choose

If you have a standard Robinhood brokerage account, withdrawals go to your linked bank account in one to three business days. Robinhood Gold members can use Instant Transfers to move money the same day or next business day, but this feature costs extra and has a daily limit. The money leaves your Robinhood account immediately when you request it, but your bank controls how long it takes to appear in your account.

You cannot withdraw directly to a debit card, PayPal, or any payment method other than a bank account you have already linked to Robinhood. You also cannot withdraw funds that are still settling — money from a stock sale takes two business days to settle before you can move it out.

Key Takeaways

• Standard withdrawals take one to three business days and are free, but Instant Transfers (available to Gold members) can move money the same day for a monthly fee.
• You must link a bank account to Robinhood before you can withdraw, and Robinhood verifies new accounts with two small deposits that take a few days to appear.
• Money from stock sales, dividends, and deposits all take two business days to settle before you can withdraw them.
• Robinhood processes your withdrawal request immediately, but your bank decides the final delivery time — some banks show deposits within hours, others take the full three days.

How to link a bank account for withdrawals

Open the Robinhood app or website and go to Account > Transfers. Select "Link a new bank account" and enter your bank's name, your account number, and your routing number. Robinhood will ask you to log into your bank to verify ownership, or you can provide the information manually.

If you verify through your bank's login, the account is usually ready to use within a few minutes. If you enter the information manually, Robinhood sends two small deposits (typically under $1 each) to your bank account. You then return to Robinhood and confirm the exact amounts of those deposits. This verification process takes two to five business days because you have to wait for the deposits to appear in your bank account first.

Once your bank account is linked and verified, you can withdraw to it immediately. You can link multiple bank accounts, and you can change which one receives your withdrawal each time you request one.

Standard withdrawals versus Instant Transfers

A standard withdrawal is free and takes one to three business days. Robinhood sends the money to your bank on the same day you request it (if you request it before 4 p.m. ET on a business day), but your bank controls the final delivery time. Most banks show the deposit within one business day, but some take the full three.

Instant Transfers are available only to Robinhood Gold members and move money the same day or next business day. The monthly Gold membership fee is $5 per month, and you get one free Instant Transfer per month — additional transfers cost $1 each. The daily limit for Instant Transfers is $50,000, and the monthly limit is $500,000.

If speed is your only concern and you do not already have Gold, a standard withdrawal is usually fast enough. Instant Transfers make sense if you need money the same day and you already pay for Gold for other features, such as extended-hours trading or margin investing.

What money can and cannot be withdrawn

You can withdraw cash from your account balance — the money that is not currently invested in stocks, options, or crypto. You cannot withdraw money that is still settling. When you sell a stock, the proceeds take two business days to settle. When you receive a dividend, it also takes two business days to settle. When you deposit money into Robinhood, it takes one business day to settle for stock purchases and two business days for withdrawals.

If you have unsettled funds and you try to withdraw, Robinhood will show you how much is available to withdraw right now and how much is pending. You can only withdraw the available amount. If you have a margin account (Robinhood Gold with margin enabled), you may be able to withdraw unsettled funds, but this creates a margin call if your account balance drops below the required minimum.

Withdrawals from a Robinhood IRA

Withdrawals from a Robinhood IRA follow different rules than a standard brokerage account. Traditional and Roth IRAs have age restrictions and penalty rules set by the IRS. You cannot simply withdraw money whenever you want without potentially owing taxes and penalties.

If you are under 59½ and you withdraw from a Traditional IRA, you owe income tax on the withdrawal plus a 10% early withdrawal penalty, with some exceptions (such as a first-time home purchase or medical hardship). Roth IRAs have different rules — you can withdraw contributions (the money you put in) at any time without penalty, but earnings (investment gains) are subject to the same age and penalty rules as a Traditional IRA.

To withdraw from a Robinhood IRA, go to Account > Transfers and select "Withdraw from IRA". The money goes to your linked bank account using the same one to three business day timeline as a standard brokerage withdrawal. Before you withdraw, consider speaking with a tax professional about the tax consequences.

Troubleshooting common withdrawal problems

If your withdrawal is stuck or delayed, check whether your money has settled. Go to Account > Transfers and look at your account balance. If it shows "unsettled funds", wait for the settlement period to end before trying again. Settlement delays are the most common reason a withdrawal appears to fail.

If your bank account is not showing up as an option, it may not be fully verified yet. New accounts require the two-deposit verification process, which takes several business days. You can check the status of your bank account verification in Account > Transfers > Linked Bank Accounts.

If you requested a withdrawal and it has been more than three business days, contact your bank, not Robinhood. Robinhood processes the withdrawal on its end within hours, but your bank controls delivery. Your bank can tell you whether the deposit is in transit or if there is a problem on their side.

Frequently Asked Questions

Can I withdraw money on weekends or after 4 p.m.?

You can request a withdrawal at any time through the app, but Robinhood only processes withdrawals on business days before 4 p.m. ET. If you request a withdrawal after 4 p.m. or on a weekend, it will be processed the next business day. Your bank then takes one to three additional business days to deliver the money.

What happens if I withdraw money and then the stock price drops?

Once you withdraw money, it is gone from your Robinhood account. If you sold a stock to raise the cash and the price drops afterward, that does not affect your withdrawal. The withdrawal is final and cannot be reversed or cancelled once Robinhood processes it.

Do I have to pay taxes on a withdrawal from my brokerage account?

Withdrawing cash itself is not a taxable event. However, if you sold stocks to raise the cash, you may owe capital gains tax on the profit from that sale. Robinhood sends you a 1099 form at tax time showing all your sales and gains. Withdrawals from an IRA have different tax rules and may trigger penalties.

Can I set up automatic recurring withdrawals?

Robinhood does not offer automatic recurring withdrawals. You must request each withdrawal manually through the app or website. If you want to move money out regularly, you will need to request it each time.

What is the minimum amount I can withdraw?

Robinhood does not publish a minimum withdrawal amount, and most users report being able to withdraw as little as $1. However, your bank may have its own minimum, so check with them if you are trying to withdraw a very small amount.