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 "Withdraw." Enter the amount you want to move, pick the bank account you linked during signup, and confirm. The money typically arrives in your linked bank account within one to three business days, though some banks take longer to display it.

You can only withdraw to a bank account you've already connected to your Robinhood account — you cannot withdraw to a different bank or to cash. If you haven't linked a bank account yet, you'll need to do that first through the same Transfers menu.

There's no fee to withdraw from Robinhood, and there's no limit on how many times you can withdraw or how much you can move out, as long as the money is actually in your account and not tied up in open positions.

Key Takeaways

  • Withdrawals go only to the bank account you linked when you opened your Robinhood account, and take one to three business days to arrive.
  • You cannot withdraw money that's currently invested in stocks, options, or crypto — you must sell those positions first.
  • Robinhood charges no withdrawal fee, and you can withdraw as often as you want up to your available cash balance.
  • If you're waiting for a deposit to clear or a stock sale to settle, that money won't be available to withdraw until the transaction completes.

Why your withdrawal might be pending or delayed

A withdrawal can sit in "pending" status for several reasons. The most common is that Robinhood is waiting for a stock or crypto sale to settle — this normally takes two business days after you sell. Until settlement completes, that money isn't actually yours to withdraw yet, even though you initiated the sale.

Another reason is that your linked bank account hasn't been fully verified. Robinhood sometimes requires a small test deposit to confirm the account is real and belongs to you. Check your email for instructions if this is the case.

Finally, your bank itself might be slow to receive the transfer. Robinhood sends the withdrawal, but your bank controls how fast it posts to your account. Weekends and holidays can add days to the process.

What "available to withdraw" actually means

Available to withdraw is the cash sitting in your Robinhood account that isn't tied up in any investment. If you have $5,000 in your account but $3,000 is in a stock position, your available balance is $2,000 — that's all you can withdraw.

Money from deposits takes one business day to become available for withdrawal (though it may show in your account immediately). Money from selling stocks or crypto takes two business days to settle and become available. Until settlement happens, Robinhood won't let you withdraw it.

If you're trying to withdraw and the app says you don't have enough available cash, check whether you have any pending stock sales or recent deposits still settling. You can see this in your transaction history.

Withdrawing when you have unsettled funds or open positions

If you own stocks, options, or crypto, you must sell them before you can withdraw that money. Robinhood won't let you withdraw funds that are currently invested. Sell the position, wait for it to settle (two business days for stocks and crypto, one business day for options), and then the cash becomes available to withdraw.

If you have a pending deposit that hasn't cleared yet, you can't withdraw that money until one business day has passed. The deposit shows in your account, but it's not "available" until Robinhood confirms it actually arrived from your bank.

Options traders should know that unsettled options trades can complicate your available balance. If you sold a call or put, the cash from that sale won't be available to withdraw until the trade settles and the position closes or expires.

Changing or removing your linked bank account

To withdraw to a different bank account, you need to link that account first. Go to Transfers, select "Add Bank Account," and follow the verification steps. Once verified, you can choose it as your withdrawal destination.

You can have multiple bank accounts linked to Robinhood at once. When you initiate a withdrawal, you'll pick which linked account to send the money to. This is useful if you want to move money to a checking account for everyday use or a savings account for storage.

If you want to remove a linked bank account entirely, go to your account settings and find the bank account section. You can delete any account that isn't currently processing a transfer. Robinhood keeps at least one account linked for security reasons.

Withdrawals and taxes or account holds

Robinhood doesn't withhold taxes on withdrawals. The money you withdraw is the money you get — no deduction. However, if you sold investments at a profit, you'll owe taxes on those gains when you file your return. Withdrawing the money doesn't change that.

If your account is flagged for suspicious activity or violates Robinhood's terms, the company can place a hold on withdrawals. This is rare, but it can happen if there's unusual trading activity or if Robinhood suspects fraud. If this happens to you, contact Robinhood support to find out why and what you need to do to lift the hold.

Day traders on margin accounts should know that Robinhood enforces the SEC's Pattern Day Trader rule. If you make four or more day trades in five business days, your account gets flagged and you must maintain a $25,000 minimum balance. Withdrawals below that threshold are blocked until you meet the requirement again.

What happens if your bank account is closed or invalid

If you try to withdraw to a bank account that no longer exists or has been closed, the transfer will fail and the money will return to your Robinhood account within a few business days. Robinhood will notify you that the withdrawal was rejected.

When this happens, you'll need to link a valid, active bank account and try again. Make sure the account is in your name and is still open at the bank. If you're not sure whether an account is active, contact your bank before attempting another withdrawal.

If the same account keeps rejecting transfers, the bank may have flagged it or there may be a mismatch between the name on your Robinhood account and the name on the bank account. Contact your bank to confirm the account is set up to receive transfers, then reach out to Robinhood support if the problem continues.

Frequently Asked Questions

How long does it take to withdraw money from Robinhood?

Robinhood sends the withdrawal within one business day, and your bank typically receives it within one to three business days after that. Some banks are slower, so it can occasionally take up to five business days from the time you request it. Weekend and holiday delays can add extra time.

Can I withdraw money if I have pending stock sales?

No. Money from stock sales takes two business days to settle. Until settlement is complete, that cash isn't available to withdraw. You can see pending sales in your transaction history and check the settlement date.

Is there a fee to withdraw from Robinhood?

No. Robinhood charges no fee for withdrawals, and there's no limit on how often you can withdraw or how much you can move out, as long as it's in your available cash balance.

What if I want to withdraw to a different bank account?

You need to link the new bank account first through the Transfers menu. Once it's verified (which takes a day or two), you can choose it as your withdrawal destination. You can have multiple bank accounts linked at once.

Can I withdraw if I'm a day trader with a margin account?

If you've triggered the Pattern Day Trader rule, you must keep a $25,000 minimum balance in your account. Withdrawals that would drop you below that threshold are blocked. Once your balance falls back below the threshold naturally or you stop day trading, the restriction lifts.