The basic steps to withdraw cash from Robinhood

To withdraw money from Robinhood, open the app or website, tap or click the Account icon, select "Transfers," then choose "Withdraw." Enter the amount you want to move, pick the bank account you linked during signup, and confirm. The money typically arrives in your bank account within one to three business days, though it can take longer depending on your bank.

You can only withdraw to a bank account you've already connected to your Robinhood account — you cannot withdraw to a different bank or to cash. If you haven't linked a bank account yet, you'll need to do that first through the Account settings before you can move money out.

Robinhood doesn't charge a fee to withdraw your own cash. However, your bank might charge a fee for incoming transfers, depending on your account type. Check with your bank if you're unsure.

Key Takeaways

  • Withdrawals go only to the bank account you linked when you opened your Robinhood account, and take one to three business days to arrive.
  • You can withdraw cash you deposited, but you cannot withdraw money that came from selling stocks or options until the trade settles — usually two business days after the sale.
  • Robinhood charges no withdrawal fee, but your bank may charge a fee for receiving the transfer.
  • If your withdrawal is rejected, the most common reason is a mismatch between the name on your Robinhood account and the name on your linked bank account.

Why your withdrawal might be delayed or rejected

The most common reason a withdrawal fails is a name mismatch. Your Robinhood account name must match the name on the bank account exactly — if your Robinhood account says "John Smith" but your bank account says "John Michael Smith," the transfer will be rejected. Log into your Robinhood account and check that the name matches what your bank has on file.

Withdrawals can also be delayed if your bank is processing a large number of transfers or if there's a holiday. Some banks also hold incoming transfers for a day or two as a security check, especially if it's the first withdrawal to that account. Contact your bank's customer service if a withdrawal hasn't arrived after three business days.

Robinhood may also temporarily block withdrawals if it detects unusual account activity or if you've recently changed your password or linked a new bank account. If you see a message saying your withdrawal is pending review, wait 24 hours and try again, or contact Robinhood support through the app.

The difference between cash and unsettled funds

You can withdraw cash you deposited into Robinhood immediately. However, money from selling stocks or options cannot be withdrawn right away — it must settle first. Stock sales settle in two business days, meaning you can't withdraw that money until two days after you sold the shares.

Robinhood shows your "Cash" balance and your "Buying Power" separately. Cash is money you deposited or that has already settled from a sale. Buying Power includes unsettled funds and is what you can use to buy stocks, but you cannot withdraw unsettled money. If you try to withdraw more than your settled cash balance, the withdrawal will be rejected.

Withdrawing from a Robinhood Gold account

If you have a Robinhood Gold subscription (which costs money and gives you margin borrowing), the withdrawal process is the same. You still cannot withdraw unsettled funds, and transfers still take one to three business days. Your subscription fee is separate from your cash balance and does not affect how much you can withdraw.

If you cancel your Robinhood Gold subscription, any margin debt you owe must be paid back before you can withdraw. Robinhood will hold your cash until the debt is settled.

Moving money between Robinhood and your bank

You can deposit money into Robinhood from your linked bank account through the same "Transfers" menu — just choose "Deposit" instead of "Withdraw." Deposits usually arrive within one to three business days as well, though some banks process them faster.

If you want to move money to a different bank account, you'll need to withdraw to your current linked bank first, then transfer from there to the new account. Robinhood does not allow you to change the linked bank account and withdraw in the same transaction.

What happens to your money if you close your account

If you close your Robinhood account, any cash in it must be withdrawn to your linked bank account. Robinhood will not automatically send it to you — you have to initiate the withdrawal yourself. Once your account is closed, you can no longer access it to withdraw, so move your money out before you request account closure.

If you have unsettled funds when you try to close your account, you'll need to wait for those trades to settle before the account can be closed. Robinhood will not let you close an account with pending transactions.

Frequently Asked Questions

Can I withdraw money on weekends or holidays?

You can request a withdrawal any time through the app, but the transfer won't process until the next business day. If you submit a withdrawal on Friday evening, it typically won't leave Robinhood until Monday, and your bank may not receive it until Tuesday or Wednesday.

Why does my withdrawal say "pending" for more than three days?

Contact your bank first — they may be holding the transfer for a security review. If your bank says they received it, log into Robinhood and check that the linked bank account information is correct. If it's wrong, you may need to contact Robinhood support to cancel the pending withdrawal and try again with the correct account.

Can I withdraw money if I have a negative balance?

No. If you owe Robinhood money — usually because of margin debt or a failed deposit — you cannot withdraw until the debt is paid. Robinhood will hold your cash until the balance is positive.

What if I sold stock but it hasn't settled yet — can I withdraw that money?

Not until it settles. Stock sales take two business days to settle. Until then, that money shows in your Buying Power but not in your Cash balance, and you cannot withdraw it. Wait two business days after the sale, then try withdrawing again.

Does Robinhood charge a fee to withdraw?

Robinhood itself charges no fee. However, your bank may charge a fee for receiving an incoming transfer, depending on your account type and bank. Check your bank's fee schedule or contact them directly to find out.