Withdrawing cash from Robinhood takes three to five business days
To withdraw money from Robinhood, you link a bank account, request the withdrawal through the app or website, and wait for the transfer to complete. Robinhood moves the money to your linked bank account, not to a separate wallet or card. The process itself takes a few minutes, but the actual transfer from Robinhood's bank to yours takes three to five business days — longer if you request the withdrawal on a weekend or holiday.
You can withdraw cash you have in your account from selling stocks, dividends, or deposits. You cannot withdraw money that is currently invested in stocks or other securities — you must sell those positions first. If you have unsettled cash (money from a recent sale that has not yet cleared), Robinhood may restrict how much you can withdraw until settlement completes, which is typically two business days after the sale.
Key Takeaways
- You must link a bank account to Robinhood before you can withdraw; the app walks you through adding one under Account settings.
- Withdrawals take three to five business days to arrive, and weekends or holidays extend that timeline.
- You can only withdraw unsettled cash if you have enough settled cash available, or Robinhood will reject the request.
- Robinhood does not charge a withdrawal fee, but your bank may charge a fee for receiving an incoming transfer.
How to link a bank account for withdrawals
Open the Robinhood app or go to the website and tap or click your account icon. Select Account, then Transfers. Choose Link a bank account and enter your bank's name or routing number. Robinhood will ask for your account number and confirm that you own the account by depositing two small amounts (usually under $1 each) into it within a few days.
Once the deposits arrive at your bank, return to Robinhood and verify the amounts. This confirmation step proves you control the account. After verification, your bank account is linked and you can withdraw to it. You can link multiple bank accounts if you want to withdraw to different banks, but you must verify each one separately.
The step-by-step withdrawal process
Open Robinhood and go to Account > Transfers. Tap or click Withdraw. Select the bank account you want the money to go to from the dropdown menu. Enter the amount you want to withdraw — Robinhood will show you how much cash is available to withdraw right now. Confirm the amount and tap Withdraw.
Robinhood will show you a confirmation screen with the bank account, amount, and expected arrival date. The arrival date is typically three to five business days from the day you request the withdrawal. Weekends and holidays do not count as business days, so a withdrawal requested on Friday may not arrive until Wednesday or Thursday of the following week. Once you confirm, the withdrawal is submitted and you cannot cancel it through the app — you must contact Robinhood support to stop it.
Settled versus unsettled cash and withdrawal limits
When you sell a stock on Robinhood, the money does not become available to withdraw when ready. Unsettled cash is money from a sale that is still processing, which takes two business days. Settled cash is money that has finished processing and is yours to use or withdraw. Robinhood shows both amounts in your Account section so you can see which is which.
If you have $500 in settled cash and $300 in unsettled cash, you can withdraw up to $500 right now. You cannot withdraw the $300 until it settles. If you try to withdraw more than your settled cash, Robinhood will reject the request. Some brokerage accounts allow you to use unsettled cash to buy stocks (called buying power), but you still cannot withdraw unsettled cash until it settles.
Why a withdrawal might be delayed or rejected
Robinhood may delay or reject a withdrawal if you do not have enough settled cash, if your bank account information is incorrect, or if there is a problem with your bank. If your bank rejects the transfer, Robinhood will notify you and the money returns to your account. Common reasons for rejection include a closed bank account, a typo in the account number, or a bank that does not accept transfers from brokerages.
Withdrawals requested on weekends or holidays will not process until the next business day. If you request a withdrawal on Saturday, it will not leave Robinhood until Monday, and then take another three to five business days to arrive. If you have pending deposits or unsettled trades, Robinhood may also hold your withdrawal until those clear.
Withdrawal fees and what to expect from your bank
Robinhood does not charge a fee to withdraw money. However, your bank may charge a fee for receiving an incoming transfer from a brokerage, depending on your account type and bank. Check your bank's fee schedule or contact them directly to learn about they charge for incoming transfers. Some banks charge nothing, while others charge $1 to $5 per transfer.
The money will appear in your bank account as a transfer from Robinhood Financial LLC or a similar name. If you do not recognize the deposit, check your Robinhood account to confirm the withdrawal went through. Your bank statement will show the transfer, and you can use that to match it to the withdrawal you requested.
Frequently Asked Questions
Can I withdraw money on weekends?
You can request a withdrawal on a weekend through the app, but Robinhood will not process it until Monday. The three to five business day clock starts on the next business day, so a weekend withdrawal takes longer overall than one requested on a weekday.
What happens if I sell a stock and want to withdraw that money right away?
You must wait two business days for the sale to settle before that money becomes available to withdraw. You can request the withdrawal after settlement is complete, but the transfer itself will still take another three to five business days to reach your bank.
Can I withdraw to a different bank account than the one I linked?
No. You can only withdraw to bank accounts you have already linked and verified in Robinhood. If you want to withdraw to a different bank, you must link that account first and wait for verification to complete.
What if my withdrawal has not arrived after five business days?
Contact Robinhood support with your withdrawal confirmation number and the date you requested it. They can check the status with your bank and tell you whether the transfer is still in progress or if your bank rejected it. If your bank rejected it, the money will return to your Robinhood account within a few days.
Can I cancel a withdrawal after I request it?
You cannot cancel through the app once you confirm the withdrawal. Contact Robinhood support when ready with your withdrawal confirmation number and ask them to stop it. If the money has already left Robinhood's system, they may not be able to stop it, and you would need to contact your bank instead.