The basic process: transfer to your linked bank account

To withdraw money from Robinhood, you transfer it to the bank account you linked when you opened your account. Log into the Robinhood app or website, tap or click the account icon, select "Transfers", then choose "Transfer to Your Bank". Enter the amount you want to withdraw and confirm. Robinhood will send the money to your linked bank account, and it typically arrives within one to three business days, though it can take up to five.

You can only withdraw to a bank account that is already linked to your Robinhood account in your name. You cannot withdraw to someone else's account, to a credit card, or to a payment app like Venmo or PayPal. The account must be a checking or savings account at a U.S. bank.

There is no fee to withdraw money from Robinhood. The amount you can withdraw is limited to the cash balance in your account — money that is not currently invested in stocks, options, or crypto. If you have unsettled funds (cash from a recent sale that has not yet cleared), Robinhood may restrict how much you can withdraw until those funds settle, which takes two business days.

Key Takeaways

  • Withdrawals go only to a bank account already linked to your Robinhood account, and take one to five business days to arrive.
  • You can withdraw only the cash balance in your account, not money that is currently invested in stocks or crypto.
  • Unsettled funds from recent sales may be restricted from withdrawal until they clear, which takes two business days.
  • If you have a margin account with a negative balance or outstanding margin debt, you cannot withdraw until the debt is paid.
  • Robinhood charges no fee to withdraw, but your bank may charge a fee on their end.

What counts as withdrawable cash

Your cash balance is the money sitting in your Robinhood account that you have not invested. This includes deposits you made, dividends paid to you, and money from sales you completed. Your cash balance does not include the current value of stocks or crypto you own — that is your portfolio value, and you cannot withdraw it directly. You have to sell the investment first, wait for it to settle, and then withdraw the cash.

When you sell a stock or crypto, the cash does not become available to withdraw immediately. It enters a unsettled state for two business days. During this time, the sale is still processing through the financial system. Robinhood may let you buy new investments with unsettled cash, but you cannot withdraw it. Once the two business days pass, the cash settles and you can withdraw it.

If you have a Robinhood Gold margin account and you have borrowed money (margin debt), your withdrawable cash is reduced by the amount you owe. If your account is in a negative balance — meaning you owe more than your account is worth — you cannot withdraw anything until you deposit money to cover the debt.

Linking a bank account if you have not already

You must link a bank account before you can withdraw. If you opened your Robinhood account but have not linked a bank yet, go to the account icon, select "Transfers", and choose "Link a Bank Account". Robinhood will ask for your bank's routing number and your account number. You can find both on a check, or log into your bank's website to locate them.

Robinhood uses a verification process to confirm the account is yours. In most cases, Robinhood makes two small deposits to your bank account (usually under $1 each) within one to two business days. You then log back into Robinhood, go to the linking screen, and enter the amounts of those two deposits. Once you confirm the amounts, the account is linked and you can withdraw.

Some banks use instant verification, which means your account is linked immediately without waiting for the small deposits. If your bank supports this, Robinhood will offer it as an option during the linking process. Instant verification is faster but requires you to log into your bank account through Robinhood's secure portal to prove you own it.

Timing: how long withdrawals actually take

After you request a withdrawal, Robinhood processes it on the same business day if you submit before the market closes (typically 4 p.m. Eastern time on weekdays). If you submit after market close or on a weekend, processing starts the next business day. Once Robinhood sends the money to your bank, your bank takes one to three business days to deposit it into your account. In practice, most withdrawals arrive within two to three business days total.

Weekends and bank holidays add time. If you request a withdrawal on Friday afternoon, Robinhood may not process it until Monday, and your bank may not deposit it until Wednesday or Thursday. If you need the money by a specific date, request it earlier in the week and account for the full five-day window.

You can check the status of a withdrawal in the Robinhood app under "Transfers". Once it shows "completed", the money has left Robinhood and is on its way to your bank. If it does not arrive within five business days, contact your bank first — the delay is usually on their end, not Robinhood's.

Withdrawals and taxes

Withdrawing cash from Robinhood does not trigger a tax event. You only owe taxes on investment gains (when you sell something for more than you paid) or on dividends and interest earned. Pulling out your own money or money from sales you already completed does not create a new tax liability.

However, Robinhood sends you a tax document (Form 1099) at the end of the year that reports all your sales, dividends, and interest. Keep records of your withdrawals separate from your investment activity, because withdrawals are not reported on the 1099 and should not be counted as income.

Partial withdrawals and withdrawal limits

You can withdraw any amount up to your available cash balance. Robinhood does not set a minimum or maximum withdrawal amount per transaction. You can withdraw $10 or $10,000 in a single request. If you want to withdraw more than your current cash balance, you have to deposit more money first or sell investments and wait for them to settle.

Robinhood does not limit how many withdrawals you can make. You can request multiple withdrawals in the same day if you want, though each one will take one to five business days to arrive. Some banks may flag frequent large withdrawals as suspicious activity, but that is a bank policy, not a Robinhood restriction.

Troubleshooting common withdrawal problems

If your withdrawal is stuck or rejected, the most common reasons are: your linked bank account information is outdated or incorrect, your bank account has been closed, you have unsettled funds that Robinhood is holding, or you have a negative margin balance. Check your linked bank account in the Transfers section — if it shows an old address or bank name, delete it and link the account again.

If Robinhood shows an error message when you try to withdraw, take a screenshot of the message and contact Robinhood support through the app. Provide the error message, the amount you tried to withdraw, and the date and time you attempted it. Support can usually resolve the issue within one to two business days, though during high-volume periods it may take longer.

If money left Robinhood but never arrived at your bank, contact your bank first. Ask them to search for a pending or rejected transfer from Robinhood. If your bank has no record of it, then contact Robinhood support with your withdrawal confirmation number (found in your transfer history) and ask them to investigate.

Frequently Asked Questions

Can I withdraw money while the market is open?

Yes. You can request a withdrawal at any time through the app or website. If you request it before 4 p.m. Eastern on a weekday, Robinhood processes it the same day. If you request it after 4 p.m. or on a weekend, processing starts the next business day. Your bank then takes one to three business days to deposit it.

What if I have pending stock or crypto orders?

Pending orders do not affect your withdrawable cash. You can withdraw any cash that is not currently invested. If an order fills after you request a withdrawal, the cash used for that order comes from your remaining balance. Make sure you have enough cash for both the withdrawal and any orders you expect to fill.

Do I have to withdraw all my money at once?

No. You can withdraw part of your cash balance and leave the rest in your account. You can also make multiple withdrawals on different days. There is no requirement to close your account or withdraw everything.

What happens if my bank rejects the deposit?

If your bank rejects a deposit from Robinhood, the money returns to your Robinhood cash balance within one to three business days. Contact your bank to find out why they rejected it — common reasons are a closed account, a name mismatch, or a fraud hold. Once you fix the issue, you can request the withdrawal again.

Can I withdraw to a different bank account than the one I linked?

No. Robinhood only allows withdrawals to the bank account you linked during setup. If you want to withdraw to a different account, you must unlink the old account and link the new one. The new account must be in your name and at a U.S. bank.