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 Transfers, and choose Withdraw. You then pick the bank account you want the money to go to—Robinhood only sends withdrawals to accounts you've already linked for deposits—enter the amount, and confirm. The money leaves Robinhood immediately, but it takes one to three business days to show up in your bank account, depending on your bank's processing speed.
You can withdraw cash that's sitting in your Robinhood account at any time with no minimum. If you want to withdraw money from stocks or other investments, you have to sell them first, wait for the sale to settle (usually one business day), and then withdraw the cash. Robinhood does not charge a fee for withdrawals.
The account you withdraw to must be in your own name and must be the same account you used to deposit money into Robinhood originally. You cannot withdraw to someone else's bank account or to a third-party payment service.
Key Takeaways
- Withdrawals from Robinhood go only to a bank account you have already linked for deposits, and that account must be in your name.
- Cash sitting in your account can be withdrawn immediately, but money from sold investments must wait one business day to settle before you can move it.
- The transfer takes one to three business days to land in your bank, depending on your bank's processing speed, not Robinhood's.
- Robinhood charges no fee for withdrawals, but your bank may charge a fee for receiving an incoming transfer if you have certain account types.
Linking a bank account to Robinhood before you withdraw
You can only withdraw to a bank account that Robinhood has already verified. When you first set up Robinhood, you link a checking or savings account by providing your routing number and account number. Robinhood then deposits two small amounts (usually under $1 each) into that account to confirm you own it. You have to log back into Robinhood and enter those two amounts to complete the link.
If you want to withdraw to a different bank account than the one you originally linked, you have to add that account first. Go to Account > Transfers > Link a Bank Account, enter the new account details, and wait for Robinhood to verify it the same way—two test deposits, then you confirm the amounts. This process typically takes two to three business days.
Once an account is linked, it stays linked. You can withdraw to any of your linked accounts whenever you want, but you cannot change the account information after linking. If you need to withdraw to a different bank or account number, you have to link that account as a new one.
How long the money actually takes to arrive
Robinhood processes your withdrawal request immediately when you submit it. The money leaves your Robinhood account right away, but it does not arrive at your bank on the same day. The transfer travels through the ACH network, which is the system banks use to move money between institutions. ACH transfers take one to three business days depending on when you submit the request and how quickly your specific bank processes incoming transfers.
If you withdraw on a Friday after market close, the transfer may not start processing until Monday, which means it could take until Wednesday or Thursday to arrive. Weekends and bank holidays do not count as business days. Some banks post ACH transfers the same day they receive them; others hold them for a day. You can check your bank's policy by calling customer service or looking at your account settings.
Robinhood does not charge a fee, but some banks charge a small fee for receiving incoming ACH transfers if you have a basic checking account or a savings account. Check your bank's fee schedule or ask before you withdraw.
Selling investments before you can withdraw the cash
If your money is invested in stocks, ETFs, options, or crypto, you have to sell those positions first before you can withdraw the cash. When you sell, the proceeds go into your Robinhood cash balance. On a normal trading day, the sale settles the next business day, meaning the cash is available to withdraw the day after you sell.
If you sell on a Friday, the settlement happens on Monday, and you can withdraw on Monday. If you sell after market close (after 4 p.m. Eastern on a trading day), the sale settles the next business day, not the same day. Options and some other securities may have different settlement times—check Robinhood's help section for the specific security you're selling.
Once the cash is in your account, you can withdraw it immediately. There is no waiting period after settlement; you do not have to hold the cash for any length of time before moving it out.
What to do if your withdrawal is delayed or stuck
If your withdrawal has not arrived after three business days, the delay is usually on your bank's side, not Robinhood's. Contact your bank's customer service and give them the date you submitted the withdrawal and the amount. They can tell you whether the transfer has arrived in their system and why it has not posted to your account yet.
If your bank says they have not received the transfer, contact Robinhood support through the app or website. Provide the withdrawal date, amount, and the bank account it was sent to. Robinhood can confirm whether the transfer was actually sent and investigate if something went wrong on their end.
If you linked the wrong bank account by mistake, you cannot cancel a withdrawal that has already been processed. Once it leaves Robinhood, it is in the ACH system. If it arrives at the wrong bank, that bank will reject it and send it back to Robinhood, which can take five to ten business days. Contact Robinhood support immediately with the details so they can help you recover the funds once they return.
Robinhood Gold and margin account withdrawals
If you have a Robinhood Gold subscription or a margin account, the withdrawal process is the same, but there are restrictions on how much you can withdraw. You can only withdraw cash that is actually yours—not borrowed money. If you have a margin balance (money you borrowed from Robinhood to invest), you cannot withdraw until you pay back the loan.
Robinhood calculates your available cash by taking your total cash balance and subtracting any margin debt. Only the available amount can be withdrawn. If you try to withdraw more than your available cash, Robinhood will reject the request and tell you how much you can actually move.
Frequently Asked Questions
Can I withdraw money from Robinhood on the same day I sell a stock?
No. When you sell a stock during market hours, the sale settles the next business day. You can withdraw the cash the day after settlement. If you sell on a Friday, settlement happens Monday, and you can withdraw Monday. Robinhood does not hold the cash after settlement—the delay is built into how the stock market works, not Robinhood's policy.
What if I withdraw to the wrong bank account by mistake?
Once the withdrawal is processed, you cannot stop it. If it goes to the wrong account, that bank will reject it and send it back to Robinhood within five to ten business days. Contact Robinhood support right away with the withdrawal details so they can help you recover the funds when they return. Do not wait—reporting it immediately makes recovery faster.
Does Robinhood charge a fee to withdraw money?
Robinhood does not charge a fee. However, your bank may charge a small fee for receiving an incoming ACH transfer, depending on your account type. Check your bank's fee schedule or call them before you withdraw if you want to know whether a fee applies.
Can I withdraw to a bank account that is not in my name?
No. Robinhood only allows withdrawals to accounts in your own name. You cannot withdraw to a joint account, a spouse's account, or anyone else's account. The account must also be the same one you originally linked when you set up Robinhood, or a new account you have added and verified.
Why is my withdrawal taking longer than three business days?
The delay is almost always on your bank's side. Contact your bank and provide the withdrawal date and amount. They can tell you whether the transfer has arrived and why it has not posted yet. Some banks hold ACH transfers for an extra day or two before crediting them to your account, even though the transfer arrived on time.