Withdrawing cash from Robinhood takes three to five business days
To withdraw money from Robinhood, you link a bank account, request the withdrawal through the app or website, and wait for the transfer to complete. Robinhood does not charge a fee for withdrawals. The money moves from your Robinhood account to your linked bank account — it does not go to a debit card or physical location. The process is straightforward once your bank account is connected, but the timing depends on your bank's processing speed.
You can withdraw any cash that is sitting in your account and not tied up in open positions or pending trades. If you have unsettled funds — money from a recent sale that has not yet cleared — you may not be able to withdraw that amount immediately. Robinhood holds unsettled funds for two business days after a sale, which is a standard market rule, not a Robinhood-specific delay.
Key Takeaways
- Withdrawals go to a bank account you link to Robinhood; you cannot withdraw to a debit card or cash.
- The transfer typically takes three to five business days, depending on your bank's processing time.
- You can only withdraw cash that is fully settled and not currently invested in stocks, options, or crypto.
- Robinhood charges no fee for withdrawals, but your bank may charge a fee if you exceed their monthly transfer limit.
Link a bank account before you can withdraw
You must have a verified bank account connected to Robinhood before you can move money out. Open the Robinhood app or website, go to your Account settings, and select the option to add a bank account. Robinhood will ask for your routing number and account number — these appear on the bottom left of a check or in your bank's online portal.
Robinhood verifies the account by making two small deposits (usually under $1 each) to your bank account. You then log into your bank's website or app, find those deposits, and enter the amounts into Robinhood to confirm you own the account. This process typically takes one to two business days. Once verified, you can withdraw immediately.
If you already have a bank account linked for deposits, you can use that same account for withdrawals. You do not need to add a separate account.
Request a withdrawal through the app or website
Open Robinhood and tap or click on your Account icon. Select the option for transfers or withdrawals — the exact label varies depending on whether you are using the mobile app or desktop version. Choose the bank account you want the money to go to, enter the amount you want to withdraw, and confirm.
Robinhood will show you the available cash balance at that moment. If you recently sold a stock or option, that money may appear as "unsettled" and unavailable for withdrawal until it clears. The app will tell you the settlement date — usually two business days after the sale.
Once you submit the withdrawal request, you will see a confirmation screen with the expected arrival date. Robinhood will send a confirmation email as well. At this point, the withdrawal is in progress and you cannot cancel it through the app.
Understand settlement timing and unsettled funds
When you sell a stock or option on Robinhood, the sale settles two business days later. Until settlement, that money is "unsettled" and locked in your account. You cannot withdraw unsettled funds, and you cannot use them to buy new positions. This is not a Robinhood rule — it is a requirement of the U.S. stock market and applies to all brokers.
If you sell on a Monday, the funds settle on Wednesday. If you sell on a Friday, they settle on Tuesday (because Saturday and Sunday do not count as business days, and the market is closed on weekends). Crypto holdings on Robinhood settle instantly, so you can withdraw crypto proceeds immediately after a sale.
If you try to request a withdrawal and the amount exceeds your available cash, Robinhood will reject the request and show you how much you can actually withdraw. Check your available balance before you submit.
Know what happens after you submit the withdrawal
After you request a withdrawal, Robinhood sends the money to your bank. The transfer usually arrives within three to five business days, though some banks process faster. You will see the money in your bank account once it arrives — Robinhood cannot control how quickly your specific bank processes incoming transfers.
If you do not see the money after five business days, contact your bank first. Ask them to search for a pending transfer from Robinhood. If your bank has no record of it, then contact Robinhood support through the app. Provide your withdrawal confirmation number, which appears in your email receipt.
Robinhood does not charge a fee for withdrawals. However, your bank may charge a fee if you exceed their monthly limit on outgoing transfers — typically six per month for savings accounts, though checking accounts usually have no limit. Check your bank's transfer policy before you withdraw.
Withdrawals from margin accounts and options accounts
If you have a margin account with Robinhood, you can only withdraw cash that exceeds your margin requirement. Robinhood calculates this automatically and will show you the available amount when you request a withdrawal. If you have borrowed money through margin, that borrowed amount is not yours to withdraw.
If you hold options positions, the cash in your account is yours to withdraw — options do not lock up cash the way margin does. However, if you have unsettled funds from a recent options sale, those funds follow the same two-day settlement rule as stocks.
Frequently Asked Questions
Can I withdraw money the same day I request it?
No. Robinhood processes the withdrawal immediately, but your bank takes three to five business days to receive and post the transfer. Some banks are faster, but you should expect to wait at least three business days. Weekends and bank holidays add to the delay.
What if I sold a stock but the money shows as unsettled?
Wait two business days for the sale to settle. You cannot withdraw unsettled funds. If you sold on a Friday, the settlement date is Tuesday. Once the settlement date passes, the money becomes available and you can withdraw it immediately.
Can I withdraw to a different bank account than the one I linked?
No. Robinhood only allows withdrawals to the bank account you have verified. If you want to withdraw to a different account, you must add that account to Robinhood first and wait for it to be verified (one to two business days).
What happens if my bank rejects the transfer?
If your bank rejects the incoming transfer, the money returns to your Robinhood account automatically. This is rare, but can happen if your account number is wrong or your account is closed. Contact your bank to confirm your account is active, then request the withdrawal again.
Is there a maximum amount I can withdraw?
Robinhood has no withdrawal limit. However, your bank may have daily or monthly limits on incoming transfers. Check your bank's policy. If you are withdrawing a very large amount, your bank may flag it as unusual activity and delay processing — contact them in advance if you expect this.