The fastest way to add money to Robinhood

You add money to Robinhood by linking a bank account and transferring funds through the app. Open the Account tab, select "Transfer Funds," choose "Add Money," and follow the prompts to connect your bank. Robinhood will ask for your bank login credentials or routing and account numbers — both methods are secure.

Once your bank account is linked, you can transfer money immediately. Most transfers arrive within one to three business days, though some banks process them faster. You can link multiple bank accounts if you want to transfer from different sources.

Robinhood does not charge a fee to transfer money in or out. Your bank may charge a fee for the transfer itself, depending on your account type and bank policies — check with your bank if you are unsure.

Key Takeaways

  • Link a bank account through the Account tab, then select "Transfer Funds" and "Add Money" to begin a deposit.
  • Transfers typically take one to three business days to appear in your Robinhood account, though some banks move money faster.
  • Robinhood charges no fee to deposit or withdraw money, but your bank may charge a fee depending on your account agreement.
  • You can link multiple bank accounts and transfer from any of them, but each transfer must be initiated separately through the app.

How to link your bank account

Linking your bank account is the first step. In the Robinhood app, go to Account (the person icon at the bottom), then tap "Transfer Funds." Select "Add Money" and choose "Link a Bank Account." Robinhood will ask whether you want to log in with your bank's website or enter your routing and account numbers manually.

If you choose to log in, Robinhood uses a secure third-party service called Plaid to verify your identity without storing your bank password. If you enter your numbers manually, you will need your routing number (a nine-digit code identifying your bank) and your account number. Both are printed on the bottom left of your checks, or you can find them by logging into your bank's website.

After you link your account, Robinhood may send two small test deposits to your bank account — usually less than a dollar each. Check your bank statement a few days later and enter those amounts back into the Robinhood app to confirm you own the account. This step protects you from fraud and is standard practice across investment platforms.

Transfer timing and limits

Most transfers take one to three business days from the time you initiate them. Weekends and bank holidays do not count as business days, so a transfer started on Friday afternoon may not arrive until Tuesday. Some banks process transfers faster — if your bank offers next-day transfers, Robinhood will show that option when you initiate the deposit.

Robinhood does not set a maximum deposit amount per transfer, but your bank may have daily or monthly transfer limits. Check your bank's policies or call their customer service line to find out what limits apply to your account. If you need to deposit a large amount, you may need to split it across multiple transfers or contact your bank to temporarily raise your limit.

Once money lands in your Robinhood account, it is available to trade immediately. You do not have to wait for the transfer to fully settle before buying stocks or other investments.

Withdrawing money from your account

Withdrawing money works the same way as depositing. Go to Account, select "Transfer Funds," then choose "Withdraw." Pick the bank account you want the money sent to and enter the amount. Withdrawals also take one to three business days and are free.

If you have unsettled cash in your account — money from a recent sale that has not yet cleared — you may not be able to withdraw it immediately. Robinhood holds cash from stock sales for two business days before it is available to withdraw. If you try to withdraw and see a message about unsettled funds, wait two business days and try again.

What to do if your transfer is delayed

If your transfer has not arrived after three business days, check your Robinhood app first. Go to Account, then "Transfer Funds," and look for your transfer in the history. The app will show whether the transfer is pending, processing, or complete. If it shows complete but the money is not in your account, contact your bank — the issue is on their end, not Robinhood's.

If the transfer still shows pending after three business days, open the Robinhood app and tap the Help icon (a question mark). Select "Contact Us" and describe the delay. Robinhood's support team can check the status on their side and may be able to push the transfer through faster. Have your transfer confirmation number ready when you contact them.

Bank holidays and weekends can extend transfer times. If you initiated a transfer on a Friday before a holiday weekend, it may not arrive until the following Wednesday or Thursday.

Linking a different bank account

You can link as many bank accounts as you want to Robinhood. Each one requires the same verification process: log in through Plaid or enter your routing and account numbers, then confirm the two test deposits your bank receives. Once linked, you can choose which account to transfer from each time you deposit money.

If you want to remove a linked bank account, go to Account, select "Transfer Funds," then look for "Linked Banks" or "Manage Bank Accounts." Tap the account you want to remove and select the delete or remove option. You can re-link the same account later if you change your mind.

Frequently Asked Questions

Can I deposit money using a credit card or debit card?

No. Robinhood only accepts transfers from bank accounts. You cannot deposit using a credit card, debit card, or payment app like PayPal or Venmo. You must link a checking or savings account at a U.S. bank.

What if I enter the wrong bank account number?

If you enter an incorrect account number, the transfer will fail and the money will be returned to your original bank within a few business days. You will see an error message in the Robinhood app explaining what went wrong. Link the correct account and try again.

Do I have to keep my bank account linked after I deposit money?

No. Once money is in your Robinhood account, you can remove the linked bank account if you want. You only need it linked when you are actively transferring money in or out. You can re-link it anytime you want to deposit or withdraw again.

Is there a minimum deposit amount?

Robinhood does not set a minimum deposit. You can transfer as little as one dollar if you want, though your bank may have its own minimum transfer amount. Check your bank's policies if you are unsure.

What happens if my bank account is closed after I link it?

If you try to transfer money and your linked bank account is closed, the transfer will fail. Robinhood will show an error message in the app. Link a different active bank account and try the transfer again.