The Basic Steps to Move Money Out of Your Account

To withdraw money from Robinhood, you log into the app or website, go to your Account menu, select "Transfers," then choose "Withdraw." You'll pick a linked bank account, enter the amount, and confirm. The money moves to your bank account in one to three business days, depending on your bank.

Before you withdraw, make sure you have settled cash available — not money that's still waiting from a recent deposit or tied up in open positions. If you're selling stocks or other investments first, that sale must settle (usually two business days for stocks) before the cash is available to move out.

Robinhood does not charge a fee to withdraw your own money. The only cost is what your bank might charge for incoming transfers, which is rare for most banks.

Key Takeaways

  • You can only withdraw settled cash, not unsettled funds from recent deposits or sales that are still processing.
  • The withdrawal goes to a bank account you've already linked to your Robinhood account through the transfer process.
  • Most withdrawals take one to three business days to appear in your bank account, depending on your bank's processing speed.
  • Robinhood charges no fee for withdrawals, though your bank may charge a fee for receiving the transfer (uncommon).
  • If you need to withdraw more than your settled cash balance, you must sell investments first and wait for the sale to settle.

Linking a Bank Account Before You Withdraw

You cannot withdraw to a bank account you haven't already connected to Robinhood. The first time you want to move money out, you need to add a bank account in the Transfers section.

Robinhood will ask for your bank's routing number and your account number. You can find both on a check, or log into your bank's website or app to locate them. Robinhood verifies the account by sending two small deposits (usually under $1 each) to your bank, then asks you to confirm the amounts. This verification step takes one to two business days.

Once verified, that bank account stays linked to your Robinhood account. You can add multiple bank accounts and choose which one to withdraw to each time.

Understanding Settled vs. Unsettled Cash

Settled cash is money that is fully yours and available to withdraw when ready. Unsettled cash is money that is still processing and locked in your account temporarily.

When you deposit money into Robinhood, it usually settles within one business day. When you sell a stock, the sale settles in two business days (this is a market rule, not a Robinhood rule). Until settlement is complete, that money counts as unsettled and cannot leave your account.

Your Robinhood account shows both your settled and unsettled balances separately. Check the "Account" section to see how much settled cash you actually have before you start a withdrawal.

How Long Withdrawals Take

Once you confirm a withdrawal in Robinhood, the money leaves your Robinhood account when ready. However, it takes one to three business days to show up in your bank account. The exact timing depends on your bank's processing speed, not Robinhood's.

Weekends and bank holidays can add time. If you withdraw on a Friday afternoon, for example, your bank may not process it until Monday, and it could take until Wednesday to appear in your account.

If a withdrawal doesn't show up after three business days, contact your bank first — they can see whether the transfer arrived on their end. If your bank has no record of it, then contact Robinhood support with the withdrawal confirmation number from your account history.

Withdrawing From a Margin Account

If you have a Robinhood Gold account (which gives you margin borrowing power), you can only withdraw settled cash that exceeds your margin requirement. Robinhood reserves a portion of your account as collateral for any borrowed money.

Your available withdrawal amount is shown in the Transfers section — it accounts for the margin hold automatically. If you want to withdraw more, you must pay back any borrowed money first or sell investments to increase your settled cash balance above the margin requirement.

What to Do If Your Withdrawal Is Stuck

A withdrawal can be delayed or rejected if your bank account information is incorrect, if your bank flags the transfer as suspicious, or if there's a system issue on either Robinhood's or your bank's end.

Check your Robinhood account history to see the status of the withdrawal. If it shows as "pending," wait the full three business days before taking action. If it shows as "failed" or "rejected," the withdrawal was not processed — you can try again with the same bank account or add a different one.

If you see a failed withdrawal and your bank shows no incoming transfer, contact Robinhood support with your withdrawal confirmation number. They can investigate whether the transfer left their system. If it did, your bank may have rejected it, and you'll need to contact your bank to find out why.

Frequently Asked Questions

Can I withdraw money while I have open stock positions?

Yes, as long as you have settled cash available that is not needed to cover margin requirements. Your open positions do not freeze your cash. However, if you sell a stock to raise cash for withdrawal, that sale must settle (two business days) before you can withdraw the proceeds.

What happens if I withdraw money while I'm waiting for a deposit to settle?

You can only withdraw settled cash, so unsettled deposits do not count toward your withdrawal amount. If you deposit $1,000 and try to withdraw before it settles, you can only withdraw money that was already settled before the deposit arrived.

Can I withdraw to a different bank account than the one I use to deposit?

Yes. You can link multiple bank accounts to Robinhood and choose which one to withdraw to. Each account must be verified separately before you can use it for withdrawals.

Is there a limit to how much I can withdraw at once?

Robinhood does not set a maximum withdrawal amount. You can withdraw up to your entire settled cash balance in a single transfer. Your bank may have its own limits on incoming transfers, so check with them if you are moving a very large amount.

Why does my withdrawal show as pending after three business days?

If a withdrawal is still pending after three business days, it is likely stuck at your bank. Contact your bank's customer service with the transfer details and ask them to investigate. Provide them with the date, amount, and Robinhood's routing number if they ask for it.