The basic steps to withdraw cash from Robinhood
To withdraw money from Robinhood, open the app or website, tap or click the account icon, select "Transfers", then choose "Transfer to Your Bank". Enter the amount you want to move, confirm the bank account where it should go, and submit. The money typically arrives in your linked bank account within one to three business days, though some transfers take longer depending on your bank.
You can only withdraw cash that is actually in your account — money that is sitting as uninvested dollars or that came from selling stocks. You cannot withdraw money that is currently tied up in open positions (stocks, options, or crypto you still own). If you want that money, you have to sell the position first, wait for the sale to settle, and then withdraw.
Robinhood does not charge a fee to move money out to your bank. However, your own bank might charge a fee for incoming transfers, though most do not. Check your bank's fee schedule if you are moving large amounts regularly.
Key Takeaways
- Withdrawals go through the Transfers menu in your account settings and land in your linked bank account within one to three business days.
- You can only withdraw cash that is not invested — if your money is in stocks or options, you must sell those positions first and wait for settlement.
- Robinhood charges no withdrawal fee, but your bank may charge a fee for incoming transfers depending on your account type.
- Partial withdrawals are allowed; you do not have to empty your entire account at once.
Linking and verifying your bank account first
Before you can withdraw anything, you need to link a bank account to your Robinhood profile. During account setup, Robinhood asks for your bank's routing number and your account number. If you did not link an account then, you can add one later through the account settings menu.
Robinhood verifies new bank accounts by sending two small deposits (usually under $1 each) to that account. Your bank will show these deposits in your transaction history. You then return to Robinhood and enter the exact amounts of those two deposits to confirm you own the account. This process typically takes one to two business days, but can take longer if your bank processes deposits slowly.
Once your bank account is verified, you can withdraw to it immediately. You can link multiple bank accounts to a single Robinhood profile, which is useful if you want to split withdrawals or use different accounts for different purposes.
How long withdrawals actually take
Robinhood's standard timeline is one to three business days from the moment you submit the withdrawal request. This means the money leaves Robinhood's system and enters the banking network. However, your bank then has to receive and post the deposit, which can add another day or two depending on how your bank processes incoming transfers.
Weekends and bank holidays do not count as business days. If you submit a withdrawal on Friday afternoon, the clock does not start until Monday morning. If Monday is a holiday, it starts Tuesday. This is why a withdrawal submitted Thursday might land Wednesday of the following week.
If your withdrawal has not arrived after five business days, contact Robinhood support with your withdrawal confirmation number (which appears in your transfer history). Your bank may also have received the transfer but posted it under a different name or date than you expected — check your full transaction history, not just recent activity.
Selling stocks before you can withdraw the money
If you own stocks, options, or cryptocurrency, that money is not available to withdraw until you sell. When you sell a stock on Robinhood, the sale does not settle immediately. Stocks settle in two business days (called T+2 settlement), which means the cash from your sale does not land in your account until two business days after you hit the sell button.
During those two days, the cash is in a "pending" state. You can see it in your account balance, but Robinhood will not let you withdraw it yet. Once settlement completes, the cash moves to your available balance and you can withdraw it right away.
Options and cryptocurrency settle faster — often the same day or next day — but the exact timing depends on market conditions and Robinhood's processing. If you are trying to move money quickly, sell your positions as early in the trading day as possible to give settlement time to complete.
Partial withdrawals and keeping money in your account
You do not have to withdraw all your cash at once. You can withdraw $100, $1,000, or any amount up to your total available balance. Each withdrawal request is separate and goes through the same one- to three-day timeline.
If you want to keep some money in Robinhood for trading and move the rest to your bank, just enter the amount you want to move. The rest stays in your account and remains available for buying stocks or options whenever you want.
There is no minimum withdrawal amount, though some banks may reject transfers below a certain threshold (usually $1 or $5). Robinhood will let you request it, but if your bank bounces it, the money returns to your Robinhood account.
What happens if a withdrawal fails or gets rejected
A withdrawal can fail for a few reasons: your bank account information changed, your bank rejected the incoming transfer, or Robinhood detected a security issue with your account. If a withdrawal fails, Robinhood sends a notification explaining why, and the money returns to your available balance within one to three business days.
The most common reason for rejection is a mismatch between the account name on your Robinhood profile and the name on your bank account. If you recently changed your name or your bank account is under a different name, contact your bank to confirm they will accept transfers to that account, then try again.
If your account is flagged for security reasons, Robinhood may temporarily block withdrawals while they investigate. This usually resolves within 24 to 48 hours. You can contact Robinhood support to check the status of your account.
Withdrawing from a joint or custodial account
If your Robinhood account is a joint account (owned by two people) or a custodial account (owned by a minor but managed by an adult), withdrawal rules are stricter. Both account owners must authorize the withdrawal, and the money can only go to a bank account in the name of the account owner, not a third party.
For custodial accounts, the adult custodian controls withdrawals, but the money must go to a bank account in the minor's name. You cannot withdraw to your own personal bank account. This is a legal requirement, not a Robinhood policy.
If you are unsure whether your account type has special withdrawal rules, check your account settings or contact Robinhood support before attempting a large withdrawal.
Frequently Asked Questions
Can I withdraw money while the market is closed?
Yes. You can submit a withdrawal request anytime, day or night, weekends included. However, Robinhood does not process the request until the next business day. A withdrawal submitted Saturday will not leave Robinhood's system until Monday morning at the earliest.
What if I sell a stock but the cash is still pending?
Wait for settlement to complete (two business days for stocks). Once the cash moves to your available balance, you can withdraw it. Trying to withdraw pending cash will fail, and Robinhood will reject the request.
Can I withdraw to someone else's bank account?
No. Withdrawals must go to a bank account in your own name. This is a fraud prevention rule. If you need to move money to another person, withdraw to your own bank account first, then transfer from there.
Is there a limit to how much I can withdraw at once?
Robinhood does not set a maximum withdrawal amount. You can withdraw your entire balance if you want. However, your bank may have daily or monthly transfer limits. Check with your bank if you are moving a very large sum.
What if my bank account information is wrong?
If you entered the wrong routing number or account number, the withdrawal will fail and the money will return to your account. Go back to your linked bank accounts, delete the incorrect account, and add the correct one. Then submit a new withdrawal request.