The basic process: withdraw to your linked bank account
To move money from Robinhood to your bank account, you log into the app or website, go to the Account menu, select Transfers, choose Withdraw, pick your linked bank account, enter the amount, and confirm. The money then moves through the banking system to arrive in your account within one to three business days, depending on your bank.
Robinhood does not charge a fee for withdrawals. The timeline depends on whether you are withdrawing cash that is already settled in your account or cash from a recent sale. If you sold a stock or crypto today, that money enters a "pending" state for one to two business days before it is available to withdraw. Withdrawing unsettled funds is possible but comes with restrictions tied to your account type and trading activity.
You must have a bank account linked to your Robinhood account before you can withdraw. If you have not done this yet, you will need your routing number and account number from your bank, or you can connect your account through your bank's login credentials if Robinhood supports that method.
Key Takeaways
- Withdrawals from Robinhood to a linked bank account take one to three business days and carry no fee from Robinhood itself.
- Money from stock or crypto sales is not available to withdraw for one to two business days after the sale settles.
- You can only withdraw to a bank account you have already linked to your Robinhood account through the Account menu.
- Robinhood Gold subscribers can withdraw unsettled funds, but other account types must wait for settlement or risk triggering a free-riding violation.
Linking your bank account to Robinhood
Before you can withdraw, Robinhood needs to know which bank account to send money to. Go to Account, then Transfers, then select the option to add a bank account. You will be asked for your routing number and account number, which you can find on a check, your bank's website, or by calling your bank directly.
Some banks allow Robinhood to verify your account instantly by logging in with your bank credentials. Others require Robinhood to send two small deposits to your account, which you then confirm in the Robinhood app. This verification method takes two to three business days. Once verified, your account is linked and ready for withdrawals.
You can link multiple bank accounts to Robinhood, but each withdrawal goes to only one account at a time. If you want to split a withdrawal between two accounts, you will need to make two separate withdrawal requests.
Waiting for money to settle before you can withdraw it
When you sell a stock or crypto on Robinhood, the sale is executed immediately, but the cash does not become available to withdraw right away. Stock sales settle in two business days. Crypto sales settle in one business day. Until settlement is complete, the money shows in your account as "pending" or "unsettled," and you cannot withdraw it unless you have Robinhood Gold.
If you try to withdraw unsettled funds without Gold, Robinhood will reject the withdrawal. If you withdraw unsettled funds with Gold and then do not deposit new money to cover the withdrawal within two business days, Robinhood flags your account for a free-riding violation. Too many violations can restrict your ability to trade.
The settlement clock starts the day after you sell. If you sell on a Monday, the money settles on Wednesday. If you sell on a Friday, the money settles on Tuesday (because the weekend does not count as business days).
How long the money takes to reach your bank
Once you request a withdrawal, Robinhood sends the instruction to the banking system. From there, the timeline depends on your bank and the type of transfer. Most banks receive ACH transfers (the standard method Robinhood uses) within one to three business days. Some banks post the money the next business day; others take the full three days.
Weekends and bank holidays do not count as business days. If you request a withdrawal on a Friday afternoon, the clock does not start until Monday. If Monday is a holiday, it starts on Tuesday. Your bank's customer service line can tell you how long ACH transfers typically take to post to your specific account type.
Robinhood shows the withdrawal status in your Transfers history. Once Robinhood has sent the money, the status changes to "completed" or "in transit," but the money may not yet be visible in your bank account. Check your bank's app or website to see when it actually arrives.
What to do if a withdrawal fails or gets stuck
A withdrawal can fail if your bank account information is incorrect, your bank rejects the transfer, or your account is flagged for fraud or compliance reasons. Robinhood will notify you if a withdrawal fails and usually tells you why. The most common reasons are a mismatched account number, a closed account, or a bank that does not accept ACH transfers from investment platforms.
If your withdrawal is rejected, log into Robinhood and check that your bank account details are correct. If they are, contact your bank to ask whether they accept ACH transfers from Robinhood or whether there is a hold on your account. Some banks require you to call and authorize the transfer before it will go through.
If your withdrawal shows as "in transit" but does not arrive within three business days, contact Robinhood support with your withdrawal confirmation number and the date you requested it. Robinhood can check whether the transfer was actually sent and, if so, ask your bank to trace it. Your bank can then tell you where the money is and when it will arrive.
Withdrawing from a Robinhood retirement account
Robinhood offers IRAs and other retirement accounts. Withdrawals from these accounts follow different rules than withdrawals from a regular taxable account. You cannot simply move money out whenever you want—you must follow the withdrawal rules for that account type.
With a traditional IRA, withdrawals before age 59½ typically trigger a 10% early withdrawal penalty plus income tax. With a Roth IRA, you can withdraw contributions (the money you put in) anytime without penalty, but earnings cannot be withdrawn penalty-free until age 59½. With a SEP IRA or Solo 401(k), the rules vary based on your situation.
If you want to move money out of a Robinhood retirement account, contact Robinhood support to discuss your options. You may be able to roll the account to another provider, take a distribution, or convert it to a different account type. Robinhood can explain the tax consequences before you proceed.
Transferring money between Robinhood and another brokerage
If you want to move stocks or crypto to another brokerage rather than sell them and withdraw cash, you can request an ACAT transfer (Automated Customer Account Transfer) for stocks or a direct crypto transfer for digital assets. These moves keep your positions intact and avoid triggering a taxable sale.
For stocks, the receiving brokerage handles most of the work. You open an account there, request an incoming transfer, and provide your Robinhood account details. The new brokerage contacts Robinhood, and the transfer typically completes within five to seven business days. Robinhood does not charge a fee, though some brokerages charge an incoming transfer fee.
For crypto, Robinhood allows you to withdraw to an external wallet address. You provide the wallet address, Robinhood sends the crypto, and it arrives in your wallet within a few minutes to a few hours depending on network congestion. You cannot transfer crypto directly to another brokerage; you must go through a personal wallet first.
Frequently Asked Questions
Can I withdraw money on weekends or holidays?
You can request a withdrawal anytime through the Robinhood app, but Robinhood only processes withdrawals on business days. If you request one on a Saturday, it will not be sent until Monday. If Monday is a holiday, it will not be sent until Tuesday. Your bank also does not process incoming transfers on weekends or holidays, so the full timeline is always measured in business days only.
What if my bank account is closed after I link it but before I withdraw?
If your bank account is closed, Robinhood will not know until you try to withdraw. The transfer will be rejected, and Robinhood will notify you. You will need to link a different active bank account and request the withdrawal again. The rejected transfer will not be retried automatically.
Do I have to withdraw all my money at once?
No. You can withdraw any amount up to your available balance. You can make multiple withdrawals on the same day or on different days. Each withdrawal is a separate transaction and takes one to three business days to arrive. There is no limit on how many withdrawals you can make, but Robinhood may flag your account if you make an unusually high number in a short period.
Why does Robinhood show a different balance than my bank shows?
Robinhood shows your balance at the moment you check it, including unsettled funds and pending trades. Your bank shows only money that has actually arrived and cleared. If you just sold a stock, Robinhood counts it as available but your bank does not until the transfer arrives. Once the withdrawal arrives at your bank, both balances should match.
Can I withdraw money if I have a negative balance or owe Robinhood money?
No. If you have a margin loan or owe Robinhood a fee, you cannot withdraw until the debt is paid. Robinhood will block the withdrawal request and tell you how much you owe. Pay the debt through your linked bank account or by selling positions, then request the withdrawal again.