The basic process: withdraw to your linked bank account

To move money from Robinhood to your bank, you log into the app or website, go to your Account menu, select Transfer, and choose Withdraw. You then pick the bank account you've already linked to Robinhood, enter the amount, and confirm. Robinhood sends the money to that bank account—the transfer typically takes 1 to 3 business days, though it can occasionally take longer depending on your bank.

The money must come from your cash balance, not from stocks or other investments you own. If you have unsettled funds (money from a recent sale that hasn't finished clearing), Robinhood won't let you withdraw it until the settlement period ends, which is usually 2 business days after the sale.

You can only withdraw to a bank account in your own name that you've already connected to Robinhood. You cannot withdraw to someone else's account or to a payment app like PayPal or Venmo directly from Robinhood.

Key Takeaways

  • Withdrawals go only to a bank account you've already linked to Robinhood in your own name, and the transfer takes 1 to 3 business days.
  • You can only withdraw cash that's settled; money from recent stock sales won't be available for 2 business days after the sale completes.
  • Robinhood does not charge a withdrawal fee, but your bank may charge a fee for receiving the transfer.
  • If a withdrawal fails, check that your bank account information is correct and that you have enough cash available to withdraw.

Linking a bank account before you can withdraw

Before you can withdraw money, you need to connect at least one bank account to Robinhood. You do this in the Account section under Transfer Settings or Linked Accounts (the exact menu name varies slightly between the app and website). You'll enter your bank's routing number, your account number, and confirm that you're the account holder.

Robinhood verifies the account by sending two small deposits to your bank—usually $0.01 and $0.02—within 1 to 2 business days. You then return to Robinhood and confirm the amounts of those deposits. This step proves you control the bank account. Only after verification can you withdraw to that account.

You can link multiple bank accounts to the same Robinhood account, and you can choose which one to withdraw to each time you make a transfer.

What happens if your withdrawal fails or gets rejected

A withdrawal can fail for several reasons: your bank account information is outdated or incorrect, your bank rejected the transfer, you tried to withdraw more than your available cash balance, or there was a temporary system issue on Robinhood's or your bank's end.

If a withdrawal fails, Robinhood usually sends you a notification explaining why. Check that your bank account number and routing number are correct in your Robinhood transfer settings. If the information is wrong, update it and try again. If your bank rejected the transfer, contact your bank to ask why—some banks flag transfers from investment apps as suspicious, or they may have frozen your account.

If you see the withdrawal in your Robinhood account as "pending" or "in progress" but it never arrives at your bank after 5 business days, contact Robinhood support with the transaction ID. They can investigate whether the transfer was actually sent.

Withdrawals from a Robinhood retirement account work differently

If your money is in a Robinhood IRA or other retirement account, you cannot simply withdraw it to your bank account the way you can with a regular brokerage account. Retirement accounts have strict rules about when and how you can take money out without penalties.

Withdrawals from an IRA before age 59½ typically trigger a 10% early withdrawal penalty plus income tax on the amount withdrawn, unless you meet a specific exception (like a first-time home purchase for a traditional IRA, or a Roth IRA withdrawal of contributions you've already paid tax on). If you have a Robinhood IRA, contact Robinhood support or speak with a tax professional before attempting any withdrawal.

How long withdrawals actually take

Robinhood says withdrawals take 1 to 3 business days, and that's the standard timeframe. However, the actual arrival depends partly on your bank. Some banks process incoming transfers faster than others. Weekends and bank holidays can add extra days—a withdrawal initiated on Friday afternoon might not arrive until Tuesday or Wednesday.

Once Robinhood sends the transfer, you can't speed it up. If it's been more than 5 business days and the money hasn't arrived, the transfer may have failed silently. Check your Robinhood transaction history to see whether the withdrawal shows as "completed" or "failed." If it shows completed but never arrived, your bank may have rejected it; contact your bank's customer service with the transfer details.

Fees and limits on withdrawals

Robinhood does not charge a fee to withdraw money to your bank account. However, your bank may charge a fee for receiving an external transfer, depending on your account type and bank. Check your bank's fee schedule or contact them to confirm.

Robinhood does not publish a daily or monthly withdrawal limit, but some users report that very large withdrawals trigger a review or delay. If you're withdrawing a substantial amount, you may want to contact Robinhood support beforehand to confirm there won't be a hold.

Withdrawing from a joint or custodial account

If your Robinhood account is a joint account or a custodial account (for a minor), withdrawal rules may differ. On a joint account, both account holders typically have the right to withdraw, but the money can only go to a bank account in one of the joint owners' names. On a custodial account, the custodian (usually a parent or guardian) controls withdrawals, and the money goes to the custodian's bank account, not the minor's.

If you're unsure whether your account structure allows the withdrawal you're trying to make, contact Robinhood support with details about your account type.

Frequently Asked Questions

Can I withdraw money the same day I sell a stock?

No. Stock sales take 2 business days to settle, meaning the cash doesn't become available to withdraw until 2 days after the sale. If you sell on a Monday, the cash settles Wednesday and you can withdraw it Wednesday or later. Weekend and holiday delays can extend this.

What if I don't have a bank account linked yet?

You must link a bank account before you can withdraw. Go to Account > Transfer Settings, enter your bank details, and wait for Robinhood to send the two verification deposits. Confirm the amounts, and your account will be ready to use for withdrawals.

Can I withdraw to a PayPal account or payment app?

No. Robinhood only withdraws to a traditional bank account (checking or savings) in your own name. You cannot withdraw directly to PayPal, Venmo, Cash App, or similar services. You would need to withdraw to your bank first, then transfer from your bank to the payment app if you want to.

Why is my withdrawal still pending after 3 business days?

Check your Robinhood transaction history to see if the withdrawal shows as "completed" or "pending." If it shows completed, the delay is on your bank's end—contact your bank to confirm they received it. If it still shows pending after 5 business days, the transfer may have failed; contact Robinhood support with the transaction ID.

Do I have to withdraw all my cash at once?

No. You can withdraw any amount up to your available cash balance. You can make multiple withdrawals on the same day or on different days. Each withdrawal is a separate transaction and takes 1 to 3 business days to arrive.