You can withdraw cash from Robinhood by transferring it to a linked bank account
To move money out of Robinhood, you link a bank account and request a transfer through the app or website. Robinhood sends the cash to that bank account, usually within one to three business days. You cannot withdraw cash directly at a location or have a check mailed to you — the money goes only to a bank account in your name.
The process is straightforward if your account is in good standing, but there are rules about when you can withdraw, how much, and what happens if you sell stocks to fund the withdrawal. Understanding these rules before you try to move money out saves you from delays or rejected transfers.
Key Takeaways
- Link a bank account to your Robinhood account first, and Robinhood will verify it before you can withdraw — this takes one to two business days.
- Cash withdrawals go only to the linked bank account and arrive within one to three business days after you request them.
- If you sell stocks to raise cash, the proceeds are subject to settlement rules that may delay when you can withdraw the money.
- Robinhood does not charge a withdrawal fee, but your bank may charge a fee for receiving an incoming transfer.
- If your account has unsettled trades or margin debt, Robinhood may block withdrawals until those are resolved.
How to link a bank account to Robinhood
Before you can withdraw, you need to add a bank account. Open the Robinhood app or website, go to your account settings, and select the option to link a bank account. You will enter your bank's routing number, your account number, and the account type (checking or savings). Robinhood will then send two small deposits to that account — usually 1 to 2 cents each — to verify you own it.
Check your bank account for those deposits within one to two business days. Once you see them, return to Robinhood and confirm the amounts. After verification, the bank account is linked and you can withdraw to it. If you want to withdraw to a different bank account later, you will need to link that one and go through verification again.
Requesting a withdrawal and how long it takes
Once your bank account is linked, go to the Account or Transfer section of the Robinhood app or website. Select "Transfer to Your Bank" or "Withdraw," enter the amount you want to move, and confirm. Robinhood will show you the expected arrival date, which is usually one to three business days from the date you request it.
The timing depends on your bank and whether the transfer is processed on a business day. Requests made on a Friday or weekend may not process until Monday, which delays the arrival. Some banks also take longer to post incoming transfers than others. If your withdrawal does not arrive within the stated window, contact Robinhood support with your transfer confirmation number.
Why Robinhood might block or delay your withdrawal
Robinhood will not let you withdraw if your account has unsettled trades. When you sell a stock, the proceeds take two business days to settle — that is, to become available for withdrawal. During those two days, the cash is in your account but marked as unsettled. If you try to withdraw before settlement is complete, Robinhood will reject the request or show a lower available balance.
If you have a margin account and owe money to Robinhood, you cannot withdraw until you pay back the debt. Similarly, if you have pending deposits or transfers into your account, Robinhood may hold your withdrawal until those clear. Check your account for any alerts or messages about holds before you request a withdrawal.
Selling stocks to raise cash for withdrawal
If you do not have cash sitting in your Robinhood account, you will need to sell stocks or other holdings to create cash. When you sell, the proceeds are unsettled for two business days. You cannot withdraw that money until the two-day settlement period ends. This is a rule enforced by the financial system, not by Robinhood alone.
If you sell on a Monday, the proceeds settle on Wednesday and you can withdraw on Wednesday or later. If you sell on a Friday, the proceeds settle on Tuesday and you can withdraw on Tuesday or later. Plan ahead if you need the money on a specific date, because the two-day wait is unavoidable.
Fees and limits on withdrawals
Robinhood does not charge you a fee to withdraw money. However, your bank may charge a fee for receiving an incoming transfer from another institution — check your bank's fee schedule or contact them to find out. Some banks charge nothing; others charge a small fee per transfer.
Robinhood does not publish a maximum withdrawal amount, but your bank may have limits on how much you can receive in a single transfer. If you are moving a large sum, contact your bank first to confirm they will accept it. There is no daily or monthly limit published by Robinhood, but if you withdraw very frequently, your bank may flag the activity as unusual.
What to do if your withdrawal is rejected or stuck
If Robinhood rejects your withdrawal request, check for a message in the app explaining why. Common reasons are unsettled trades, insufficient cash, or a problem with the linked bank account. If the bank account information is wrong, you will need to unlink it, correct the details, and re-verify before trying again.
If your withdrawal was accepted but has not arrived after three business days, contact your bank first — they may have rejected the incoming transfer or it may be delayed on their end. If your bank says they never received it, contact Robinhood support with your transfer confirmation number and the date you requested it. Robinhood can investigate whether the transfer was sent and trace it if it was lost in transit.
Frequently Asked Questions
Can I withdraw money if I have a margin account?
You can withdraw if you have a positive cash balance and no margin debt. If you owe Robinhood money on margin, you must pay it back before you can withdraw. If you have both cash and margin debt, Robinhood will apply your cash to the debt first.
What if I want to withdraw to a different bank account?
You will need to link the new bank account and complete verification with the two small deposits. Once verified, you can withdraw to it. You can have multiple bank accounts linked at once and choose which one to send money to each time you withdraw.
Does Robinhood charge a fee to withdraw?
No, Robinhood does not charge a withdrawal fee. Your bank may charge a fee for receiving an incoming transfer, so check with them. Some banks offer free incoming transfers; others charge a small amount per transfer.
How long does it take to verify a bank account?
Verification usually takes one to two business days. Robinhood sends two small deposits to your bank account, and you confirm the amounts in the app. Once confirmed, the account is ready to use for withdrawals.
Can I withdraw if I have pending deposits?
Robinhood may hold your withdrawal if you have pending deposits or transfers into your account. Wait until pending deposits have cleared before requesting a withdrawal, or contact Robinhood support to ask whether your specific pending deposit will block the withdrawal.