The basic steps to move money out of Robinhood

To withdraw money from Robinhood, you transfer it from your Robinhood account back to the bank account you linked when you signed up. Robinhood calls this a "transfer out." The money goes to your bank, not to you as cash — it lands in your checking or savings account as a deposit.

The process takes three to five business days once you request it. Robinhood does not hold the money or review it; the delay is your bank's standard processing time for incoming transfers. Weekends and bank holidays add to the wait.

You can only withdraw to a bank account in your own name that you previously linked to Robinhood. You cannot withdraw to a different bank account, to someone else's account, or to a payment app like Venmo or PayPal.

Key Takeaways

  • Withdrawals go to the bank account you linked to Robinhood and take three to five business days to arrive.
  • You can withdraw any amount, including partial amounts from your cash balance, but not from unsettled funds or margin debt.
  • Robinhood charges no withdrawal fee, but your bank may charge a fee for receiving an incoming transfer.
  • If you have unsettled trades or margin debt, you must wait for settlement or pay off the debt before withdrawing that portion of your balance.

How to request a withdrawal in the Robinhood app

Open the Robinhood app and tap the Account icon at the bottom right. Tap "Transfers." Tap "Transfer to Your Bank." Select the bank account you want the money to go to — if you have only one linked account, it will be pre-selected.

Enter the amount you want to withdraw. Robinhood will show you your available balance; this is the amount you can actually withdraw right now. Tap "Review" and then "Submit." Robinhood will confirm the transfer is processing.

You will receive a confirmation in the app and usually an email from Robinhood. Your bank will show the deposit as pending, then posted, within three to five business days. Check your bank account to confirm the money arrived.

What counts as available balance versus unsettled funds

Available balance is cash you can withdraw immediately. This includes money from sales you made more than two business days ago, deposits that have cleared, and any cash you added to the account.

Unsettled funds are proceeds from stock or crypto sales that have not yet cleared — usually two business days after you sold. You cannot withdraw unsettled funds until they settle. Robinhood will show both your available balance and your unsettled balance in the Account section so you know which is which.

If you have a margin account and owe money to Robinhood (margin debt), you cannot withdraw more than your available cash balance minus what you owe. Pay off the debt first if you want to withdraw the full amount.

Withdrawal fees and what your bank might charge

Robinhood does not charge you a fee to withdraw money. The transfer is free on Robinhood's side.

Your bank may charge a fee for receiving an incoming wire transfer or ACH transfer, depending on your account type and bank. This is rare for ACH transfers (the standard method Robinhood uses) but more common for wire transfers. Check your bank's fee schedule or call them before you withdraw if you are unsure.

Withdrawals when you have pending trades or unsettled cash

If you sold stock or crypto but the sale has not settled yet (usually two business days), that money is not available to withdraw. You must wait for settlement. Robinhood will show you the settlement date in your Activity tab.

If you bought stock using unsettled funds from a previous sale, you may not be able to sell that stock and withdraw the proceeds until the original sale settles. This is a federal rule called the Good Faith Violation rule, not a Robinhood rule. Violating it can restrict your account.

If you have a margin account and borrowed money from Robinhood to buy stock, you must pay back the loan before you can withdraw that amount. The interest accrues daily.

Linking a new bank account if your current one is closed

If the bank account you linked to Robinhood is closed or you want to use a different account, you must add a new bank account to your Robinhood profile before you can withdraw to it. Go to Account, then Transfers, then tap the option to add a new bank account.

Robinhood will ask you to verify the new account by making two small test deposits to it. This takes one to two business days. Once verified, you can select that account as your withdrawal destination.

You cannot withdraw to an account that is not verified. If your only linked account is closed, you will need to add and verify a new one before you can move money out.

What to do if your withdrawal is delayed or stuck

Most withdrawals arrive within three to five business days. If it has been longer, check your Robinhood Activity tab to confirm the transfer was actually submitted. Look for a "Transfer to Your Bank" entry with a status.

If the transfer shows as submitted but has not arrived at your bank after five business days, contact your bank first — the delay is usually on their end. Provide them with the transfer date and amount. If your bank says they never received it, contact Robinhood support with the transfer confirmation number from your Activity tab.

Robinhood support can be reached through the app (Account, Help, Contact Us) or through their website. Provide the date, amount, and confirmation number so they can investigate.

Frequently Asked Questions

Can I withdraw money if I have a pending order to buy stock?

Yes. Pending buy orders do not lock your cash. You can withdraw available cash even if you have an open order. If the order fills after you withdraw, Robinhood will use the remaining cash in your account. If there is not enough cash left, the order will be canceled or you will owe a margin debt.

What if I withdraw money and then want to buy stock — do I need to wait for the withdrawal to complete?

No. You can buy stock immediately after requesting a withdrawal. The withdrawal and your purchase are separate. Your purchase will use the cash remaining in your account after the withdrawal is processed.

Can I set up automatic withdrawals from Robinhood?

Robinhood does not offer automatic recurring withdrawals. You must request each withdrawal manually through the app. There is no way to schedule a withdrawal for a future date.

Will Robinhood report my withdrawal to the IRS or my bank?

Robinhood reports your investment activity (gains, losses, dividends) to the IRS on a Form 1099, not your withdrawals. Withdrawals are your own money moving between your accounts, so they are not reported as income. Your bank may report large deposits to the IRS under separate rules, but that is not Robinhood's doing.

What if I need to withdraw money but my linked bank account is frozen or has a hold?

If your bank account has a hold or is frozen, Robinhood can still send the transfer, but your bank will reject it and send it back to Robinhood. This can take an extra week. You will need to resolve the issue with your bank, then request the withdrawal again. Contact your bank to find out why the account is frozen and how to unfreeze it.