You can withdraw cash from Robinhood to your linked bank account, but the money takes three to five business days to arrive
To move money out of Robinhood, you initiate a withdrawal from the app or website to a bank account you've already linked to your account. Robinhood doesn't charge a fee for withdrawals. The cash leaves your Robinhood account immediately, but your bank takes three to five business days to actually deposit it — this is a banking delay, not a Robinhood delay, and it happens with every brokerage.
If you're trying to withdraw money from stock or crypto sales, the timing depends on what you sold. Cash from stock sales settles in two business days; crypto withdrawals can take longer depending on network congestion. You cannot withdraw money that's tied up in open positions or unsettled trades.
Key Takeaways
- Withdrawals go to a bank account you link in the app first — Robinhood won't send money to a new account without verification.
- Cash sitting in your Robinhood account withdraws immediately, but your bank takes three to five business days to deposit it.
- Money from stock sales takes two business days to settle before you can withdraw it; crypto takes longer depending on the blockchain.
- If your withdrawal is rejected or delayed, check that your bank account details match your bank's records exactly.
How to link a bank account for withdrawals
Open the Robinhood app or go to the website and navigate to your Account settings. Select "Transfers" or "Banking," then choose "Link a Bank Account." You'll enter your bank's routing number and your account number — both appear on a check or in your bank's app. Robinhood will verify the account by depositing two small amounts (usually under a dollar each) into that account within one to two business days.
Once the deposits appear in your bank account, go back to Robinhood and confirm the amounts. This verification step is required by federal banking rules and protects you from someone else linking your account without permission. You can link multiple bank accounts, but you can only withdraw to accounts in your own name.
The withdrawal process step by step
In the Robinhood app, tap the Account icon at the bottom right, then select "Transfers." Choose "Withdraw" and pick the bank account you want the money to go to. Enter the amount and confirm. Robinhood will show you the expected arrival date based on when you initiated the withdrawal and your bank's processing time.
The money leaves your Robinhood account right away, but it's in transit to your bank for three to five business days. Weekends and bank holidays don't count as business days, so a withdrawal started on Friday won't arrive until Wednesday or Thursday. If you need the money urgently, withdrawing earlier in the week gives you a better chance of it arriving before the weekend.
Why your withdrawal might be delayed or rejected
The most common reason a withdrawal fails is that your bank account information doesn't match your bank's records exactly. If you entered "Robert" but your account is under "Bob," or if the address is slightly different, the transfer bounces back. Contact your bank to confirm the exact spelling and details they have on file, then try again.
Robinhood also holds withdrawals if your account has pending trades or unsettled funds. If you just sold stock, you have to wait two business days for that sale to settle before you can withdraw the proceeds. Similarly, if you have a pending deposit from your bank, Robinhood may freeze withdrawals until that deposit clears — this is a fraud prevention measure.
If your bank rejects the withdrawal, Robinhood will send you a notification. The money goes back to your Robinhood account, and you can try again. Some banks have daily or monthly transfer limits, so check with your bank if you're trying to move a large amount.
Withdrawals from stock and crypto sales
When you sell a stock, the sale settles in two business days. During those two days, the money sits in your Robinhood account but you can't withdraw it yet — you can only use it to buy other stocks. Once settlement is complete, the cash is available to withdraw. Crypto sales settle faster, sometimes within hours, but the withdrawal itself still takes three to five business days to reach your bank.
If you're moving crypto off Robinhood entirely (not just to cash), you'll need to use Robinhood's crypto withdrawal feature, which sends the coins to an external wallet address. This is different from a bank withdrawal and involves blockchain network fees that Robinhood may or may not cover depending on the coin.
What happens if you have a negative balance
If you've used margin (borrowed money to trade) and your account value drops below zero, Robinhood will not let you withdraw until you've paid back the borrowed amount. You'll see this as a negative balance in your account. You can deposit money to cover the deficit, or you can sell positions to raise cash. Once your balance is positive, withdrawals work normally again.
Robinhood charges interest on margin balances, and that interest accrues daily. The longer you carry a negative balance, the more you owe. If your account stays negative for too long, Robinhood may liquidate your positions to cover the debt.
Frequently Asked Questions
Can I withdraw money on weekends?
You can initiate a withdrawal on weekends through the app, and Robinhood will process it, but your bank won't receive it until the next business day. A withdrawal started Saturday won't begin moving through the banking system until Monday, so it won't arrive any faster than one started Friday afternoon.
What if I entered the wrong bank account number?
If you catch the mistake before the withdrawal processes, cancel it immediately and start over with the correct account. If the money has already left Robinhood, it will be rejected by the wrong bank and returned to your Robinhood account within a few business days. You'll then need to initiate a new withdrawal to the correct account.
Does Robinhood charge a fee to withdraw money?
Robinhood does not charge withdrawal fees. Your bank may charge a fee if you're withdrawing from a savings account with limited transfers per month, but that's your bank's policy, not Robinhood's. Check your bank's terms if you're making frequent withdrawals.
How long does it take to withdraw crypto from Robinhood?
Crypto withdrawals to an external wallet take longer than bank withdrawals because they depend on blockchain network speed. Bitcoin and Ethereum typically take a few hours to a day, but during high network traffic it can take longer. Robinhood doesn't control this timing — it's determined by the blockchain itself.
Can I withdraw money if I have pending deposits?
Robinhood may block withdrawals while a deposit from your bank is still processing. Once that deposit clears (usually one to two business days), you can withdraw normally. This is a fraud prevention measure to ensure the money actually came from your bank account.