The basic steps to move money out of Robinhood
To withdraw money from Robinhood, you transfer it from your Robinhood account back to the bank account you linked when you opened it. The process takes place entirely in the Robinhood app or website — you do not call anyone or visit a branch. You choose how much to withdraw, confirm the transfer, and the money arrives at your bank in one to three business days.
The speed depends on your bank, not Robinhood. Some banks post transfers the same day; others take the full three days. You can withdraw any cash that is sitting in your account — money you deposited, dividends you received, or proceeds from selling stocks or other investments. You cannot withdraw money that is tied up in open positions (stocks you still own) or money you do not have.
Robinhood does not charge a fee to withdraw. Your bank may charge a fee if you withdraw below a minimum balance, but that is between you and your bank, not Robinhood's doing.
Key Takeaways
- Withdrawals go to the bank account you linked during signup, and you cannot change the destination account through the app.
- Money takes one to three business days to arrive, depending on your bank's processing speed.
- You can only withdraw cash in your account — not the value of stocks you own, which must be sold first.
- Robinhood charges no withdrawal fee, but your bank may charge fees for low balances or frequent transfers.
- If you have unsettled funds (from a recent sale), you may not be able to withdraw them when ready.
Where to find the withdrawal option in the app
Open the Robinhood app and tap the account icon (usually at the bottom right). Look for "Account" or "Transfers" — the exact label varies slightly between the iOS and Android versions. Tap "Transfers" or "Transfer Money," then select "Withdraw."
On the Robinhood website, log in, click your account menu in the top right, and select "Transfers." Choose "Withdraw" from the options shown.
The app will show you how much cash is available to withdraw. This number does not include the current value of stocks you own — only actual cash sitting in your account. If the number is lower than you expected, you may have unsettled funds or pending trades.
Understanding unsettled funds and why you cannot withdraw them yet
When you sell a stock, the money does not land in your account when ready. It takes two business days to settle — that is a rule set by the stock market, not Robinhood. During those two days, the money is "unsettled" and you cannot withdraw it, even though you can see it in your account balance.
Robinhood shows both your settled cash (available to withdraw) and your total cash (including unsettled funds). If you try to withdraw and the app says you cannot, check whether you have a recent sale that has not yet settled. You can sell a stock on Monday and withdraw the proceeds on Wednesday or Thursday, but not before.
If you have a Robinhood Gold subscription (which costs money), you can use unsettled funds to buy new stocks before they settle. But you still cannot withdraw unsettled cash to your bank.
What happens if you have a margin balance or borrowed money
If you have a margin account (which lets you borrow money to invest), you may owe Robinhood money instead of having cash to withdraw. This happens when the value of your stocks drops below the amount you borrowed. Robinhood will not let you withdraw until you pay back what you owe.
To check whether you have a margin balance, look at your account summary. If it shows a negative number or says you owe money, you need to deposit funds or sell stocks to cover the debt before you can withdraw. Selling stocks to cover a margin balance is usually the faster route.
If you do not intentionally opened a margin account and do not remember borrowing money, contact Robinhood support. Some users have been switched to margin accounts without realizing it.
Changing the bank account where money goes
Robinhood only lets you withdraw to the bank account you linked when you signed up. You cannot change the destination through the app. If you want money to go to a different bank account, you have two options: contact Robinhood support to request a change, or withdraw to your current linked account and then transfer the money between your own bank accounts.
Robinhood support can update your linked bank account, but the process is not when ready. You may need to provide proof of ownership of the new account. The faster route for most people is to withdraw to the account you have linked, then move the money yourself using your bank's transfer tools.
Timing: how long withdrawals actually take
Robinhood processes withdrawal requests when ready when you submit them during market hours. The money then travels to your bank, which takes one to three business days depending on the bank. Some banks (usually larger ones) post transfers the same day. Others take the full three days.
Weekends and bank holidays do not count as business days. If you withdraw on a Friday evening, the clock does not start until Monday. If you withdraw on a holiday, the same applies.
You can check the status of a withdrawal in the Robinhood app under "Transfers" or "Account History." Once Robinhood shows the transfer as sent, the rest is up to your bank. If three business days have passed and the money has not arrived, contact your bank, not Robinhood.
Common reasons withdrawals get stuck or rejected
The most common reason a withdrawal fails is that you do not have enough settled cash. If you sold a stock yesterday, the money is not available yet. Wait two business days and try again.
Another reason is a mismatch between the bank account information Robinhood has on file and your actual bank account. If you changed banks or your account number changed, Robinhood may reject the transfer. Contact your bank to confirm your account number and routing number are correct, then contact Robinhood support to update them.
If you have a very new account (less than a few days old), Robinhood may hold withdrawals while it verifies your identity. This is a fraud-prevention measure. Wait a few days and try again, or contact support to ask whether your account is fully verified.
Frequently Asked Questions
Can I withdraw money on weekends or after market hours?
You can submit a withdrawal request anytime through the app, but Robinhood processes it during market hours (Monday through Friday, 9:30 a.m. to 4 p.m. Eastern). A request submitted on Saturday will not process until Monday. Once processed, it takes one to three business days for your bank to post it.
What if I sold a stock but the money is not showing as available?
Stock sales take two business days to settle. If you sold on Monday, the money is available to withdraw on Wednesday. Check your account history to see the exact sale date, then count two business days forward. Weekends do not count.
Is there a minimum or maximum amount I can withdraw?
Robinhood does not set a minimum or maximum withdrawal amount. You can withdraw $1 or $10,000. Your bank may have its own limits, so check with them if you are withdrawing a very large amount.
Do I pay taxes when I withdraw money from Robinhood?
Withdrawing cash does not trigger a tax event. You only owe taxes on gains when you sell an investment at a profit. Withdrawing your own money or proceeds from a sale does not create a new tax bill — the tax is based on the sale itself, not the withdrawal.
What if my bank rejects the transfer?
Contact your bank first to ask why the transfer was rejected. Common reasons include a closed account, a frozen account, or a mismatch in account information. Once your bank confirms the account is active and correct, contact Robinhood support with the rejection details so they can try again.