The basic process: transfer to your linked bank account

To withdraw money from Robinhood, you transfer cash from your Robinhood account to a bank account you've already linked. You do this through the Account menu on the app or website — there's no way to withdraw directly to a new bank account or to get cash at a branch. The money lands in your linked account in one to three business days, depending on your bank.

You can only withdraw cash you actually have sitting in your account. If you've used margin (borrowed money to buy stocks), you can't withdraw below your maintenance requirement. If you're holding stocks, bonds, or options, you need to sell them first — the sale proceeds then sit as cash and become withdrawable.

Robinhood doesn't charge a withdrawal fee, but your bank might charge you for receiving an incoming transfer. Check your bank's fee schedule before you withdraw if you're moving a small amount.

Key Takeaways

  • You withdraw by transferring cash from Robinhood to a bank account you've already linked through the app or website.
  • The transfer takes one to three business days and Robinhood charges no fee, though your bank may charge you for receiving it.
  • You must sell any stocks or other holdings first — you can only withdraw cash that's sitting in your account.
  • If you've borrowed on margin, you can't withdraw below the amount your broker requires you to keep on hand.
  • Withdrawals initiated on weekends or after market close process the next business day.

Step-by-step: how to initiate a withdrawal

Open the Robinhood app or go to robinhood.com and log in. Tap or click the Account icon (usually at the bottom right on mobile, top left on desktop). Select "Transfers" or "Transfer Funds" — the exact label varies slightly between app and web versions.

Choose "Transfer to Your Bank" or "Withdraw." Enter the amount you want to move. Robinhood will show you how much cash is available to withdraw right then. Select which linked bank account to send it to if you have more than one on file. Review the details and confirm.

You'll see a confirmation screen with an estimated arrival date. Robinhood will send the transfer immediately, but the actual deposit into your bank account depends on your bank's processing speed — usually one to three business days. You can check the status of pending transfers in the same Transfers section.

Linking a bank account before your first withdrawal

You must link a bank account to Robinhood before you can withdraw anything. This is a one-time setup that takes a few minutes. Go to Account, then "Linked Banks" or "Bank Accounts," and select "Add Bank Account." Enter your bank's name, your account number, and your routing number. Robinhood will verify the account by making two small test deposits (usually under $1 each) to your bank account.

Your bank will show these deposits in your account within one to two business days. Once you see them, go back to Robinhood and confirm the amounts. After verification, your bank account is linked and you can withdraw anytime. You can link multiple bank accounts if you want to send money to different places.

If you don't know your routing number, your bank's website has it, or you can call customer service. The routing number is specific to your bank and branch, not to you personally.

Why your withdrawal might be delayed or rejected

If you initiated a withdrawal on a weekend or after 5 p.m. ET on a weekday, it won't process until the next business day. Robinhood only sends transfers during market hours on business days. If you see "pending" status, wait until the next business day before contacting support.

A withdrawal can fail if your linked bank account information is wrong or if your bank rejects the incoming transfer. This sometimes happens if your bank flags the transfer as suspicious or if the account is closed. Robinhood will notify you if a transfer fails and usually lets you retry with the same or a different linked account.

If you have a margin account and have borrowed money, you may not be able to withdraw the full cash balance. Robinhood requires you to maintain a minimum amount (your maintenance requirement) at all times. If you're close to that limit, reduce your margin debt by selling borrowed positions first, then withdraw.

Withdrawals from a margin account versus a cash account

If you have a cash account, you can withdraw any cash sitting in your account with no restrictions. Once you sell a stock, the proceeds are available to withdraw immediately (though the actual transfer to your bank takes one to three days).

If you have a margin account, you can borrow money to buy stocks, but this changes withdrawal rules. You can't withdraw cash if doing so would drop your account below the maintenance requirement — usually 25% of your total holdings. If you want to withdraw more, sell some of your positions first to free up cash without triggering a margin call.

Robinhood shows your available withdrawal amount in the Account section. This number already accounts for any margin requirements, so you can safely withdraw up to that amount without problems.

How long withdrawals actually take

Robinhood processes your withdrawal request immediately during market hours (9:30 a.m. to 4 p.m. ET, Monday through Friday). The transfer then goes to your bank, which has one to three business days to deposit it into your account. Most banks deposit transfers within one business day, but some take longer.

If you withdraw on a Friday afternoon, the transfer might not reach your bank until Monday, and your bank might not deposit it until Tuesday. If you withdraw on a Saturday or Sunday, Robinhood queues it for Monday morning processing. Plan accordingly if you need the money by a specific date.

You can track the status of your withdrawal in the Transfers section. Once Robinhood sends it, you'll see an estimated delivery date based on your bank's typical speed. If the transfer doesn't arrive by that date, contact your bank first — they can tell you if it's stuck on their end.

Frequently Asked Questions

Can I withdraw money while I have pending stock trades?

No. Pending trades are orders that haven't filled yet, so the cash or shares aren't settled. Once your trade fills and settles (usually one business day), the cash or shares become part of your account and you can withdraw. You can't withdraw cash that's tied up in an open order.

What if I want to withdraw to a different bank account than the one I linked?

You have to link the new bank account first. Go to Account, select "Linked Banks," and add the new account. After Robinhood verifies it (one to two business days), you can choose it as the destination for your next withdrawal. You can't change the destination of a withdrawal that's already in progress.

Does Robinhood report my withdrawals to the IRS?

Robinhood reports your investment activity and any gains or losses on your tax forms (1099-B or similar), not your withdrawals themselves. Withdrawing your own money is not a taxable event. However, if you sold stocks at a profit before withdrawing, that gain is taxable and will show on your tax forms.

Can I set up automatic recurring withdrawals?

Robinhood doesn't offer automatic recurring withdrawals. You have to initiate each withdrawal manually through the app or website. If you want to move money regularly, you'll need to do it yourself each time.

What happens if my bank rejects the transfer?

Robinhood will notify you that the transfer failed and the money will return to your Robinhood account. Common reasons include a closed account, wrong account number, or your bank flagging it as suspicious. Contact your bank to find out why, fix the issue, and try again with corrected information.