Robinhood lets you withdraw cash to your linked bank account, but the speed depends on which account type you have and whether your funds are settled

Money in a Robinhood Cash account takes one to three business days to reach your bank after you request it. Money in a Robinhood Gold account (margin account) can take up to five business days. The delay exists because Robinhood must wait for trades to settle — stocks take two business days to settle, and options take one day — before the cash is actually yours to move.

If you sold something today and want the money out today, it will not happen. But if you have unsettled cash sitting in your account from a sale that happened two or more days ago, you can withdraw it right now through the app or website.

Key Takeaways

  • Cash accounts take one to three business days to process withdrawals; Gold (margin) accounts take up to five business days.
  • You can only withdraw cash that has settled, which means waiting two business days after selling stocks or one day after closing options positions.
  • Robinhood withdraws to the same bank account you linked when you opened your account, and you cannot change the destination account through the app.
  • If your withdrawal is rejected, the most common reason is a mismatch between the name on your Robinhood account and the name on your bank account.

How to request a withdrawal through the Robinhood app

Open the Robinhood app and tap the Account icon at the bottom right. Tap Transfers. Tap Transfer to Your Bank. Enter the amount you want to withdraw and tap Review. Confirm the amount and tap Submit. Robinhood will show you an estimated arrival date based on your account type.

The withdrawal request goes through immediately, but the money does not leave Robinhood's system until the next business day. Once it leaves, your bank typically receives it within one to four business days depending on your bank's processing speed. Some banks show the deposit within hours; others take the full window.

What "settled" cash means and why it matters

When you sell a stock, you do not own that cash right away. The trade settles two business days later, meaning the buyer's money actually arrives at Robinhood and the shares leave your account. Until settlement happens, Robinhood considers that cash "unsettled" and will not let you withdraw it.

If you try to withdraw unsettled cash, Robinhood will reject the request or only let you withdraw the settled portion. For example, if you sold $500 in stock today and had $200 in settled cash already in your account, you could withdraw the $200 but not the $500 from today's sale.

Options settle faster — one business day instead of two — so if you closed an options position, you can withdraw that cash one business day later.

Why your withdrawal might be rejected

The most common reason Robinhood rejects a withdrawal is a name mismatch. Your Robinhood account name must match the name on your bank account exactly. If your bank account is under "John Michael Smith" but your Robinhood account says "John M. Smith," the withdrawal will fail.

Other reasons include attempting to withdraw more than your settled cash balance, linking a bank account that does not support ACH transfers (some prepaid cards and business accounts), or having a frozen or closed bank account. If your withdrawal fails, Robinhood sends an email explaining why. Read it carefully — it usually tells you exactly what to fix.

If the issue is a name mismatch, you will need to update your legal name in your Robinhood account settings or contact your bank to change the name on your account. Robinhood cannot override a name mismatch on their end.

Changing your withdrawal bank account

You cannot change your linked bank account through the Robinhood app or website. Robinhood only allows withdrawals to the account you linked when you opened your account, for security reasons.

If you need to withdraw to a different bank account, contact Robinhood support through the app. Tap Account, then Help, then Contact Us. Explain that you want to change your linked bank account and provide the new account details. Support can update this for you, though it may take a few business days to process.

Withdrawals during market holidays and weekends

Robinhood processes withdrawals on business days only. If you request a withdrawal on a Friday after market close, it will not process until Monday. If Monday is a market holiday, it will not process until Tuesday. The business day clock for settlement also pauses on weekends and holidays.

This means if you sell stock on a Friday, settlement does not happen until Monday (or Tuesday if Monday is a holiday). You cannot withdraw that cash until Wednesday at the earliest, even though you requested the withdrawal on Friday.

Frequently Asked Questions

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

No. Stocks take two business days to settle, so the earliest you can withdraw is two business days after the sale. If you sold on Monday, you can withdraw on Wednesday. If you sold on Friday, you can withdraw on Tuesday (since Monday is not a business day).

What is the maximum amount I can withdraw at once?

Robinhood does not publish a per-withdrawal limit, but you can only withdraw up to your settled cash balance. If you have $10,000 in settled cash, you can withdraw all $10,000 in one request. Some banks may have their own limits on incoming ACH transfers, so check with your bank if you are withdrawing a very large amount.

Why is my withdrawal still pending after five business days?

Robinhood's part usually finishes in one to three business days. If it has been longer, the delay is likely at your bank. Contact your bank's customer service and provide the withdrawal date and amount. They can tell you whether the transfer arrived and why it has not posted to your account yet.

Can I cancel a withdrawal after I request it?

If the withdrawal has not left Robinhood yet (usually within one business day), you can cancel it through the app by going to Account, Transfers, and selecting the pending withdrawal. Once it leaves Robinhood and is in transit to your bank, you cannot cancel it — you would need to contact your bank instead.