How to withdraw money from Robinhood
To withdraw money from Robinhood, you transfer funds from your brokerage account back to the bank account you linked when you opened it. The process takes a few clicks in the app or on the web, but the money itself takes 1 to 3 business days to land in your bank account — Robinhood does not control that part, your bank does.
You can withdraw any cash sitting in your account that is not currently held in stocks or other investments. If you have unsettled funds (money from a recent sale that has not yet cleared), Robinhood will show you how much is available to move right now versus how much is still settling.
Key Takeaways
- Withdrawals go only to the bank account you registered with Robinhood, not to a different bank or payment service.
- Cash from stock sales takes 2 business days to settle before you can withdraw it, even though you see the sale price when ready.
- Robinhood processes your withdrawal request when ready, but your bank controls how long it takes to appear in your account — usually 1 to 3 business days.
- If you have a margin account with borrowed money, you cannot withdraw more than your actual cash balance.
Steps to withdraw money on the Robinhood app
Open the Robinhood app and tap the Account icon at the bottom right. Then tap "Transfers" to see your transfer history and options.
Tap "Transfer to Your Bank" or the button labeled "Withdraw." The app will show you how much cash is available to move. Enter the amount you want to withdraw and confirm. Robinhood will send the request to your bank when ready, and you will see a confirmation number on screen.
The money leaves Robinhood's system right away, but it does not arrive in your bank account until your bank processes it — typically 1 to 3 business days. You can check the status of your withdrawal by going back to Transfers and looking at the pending transaction.
Steps to withdraw money on Robinhood's website
Log in to your Robinhood account on the web. Click your account name or profile icon in the top right, then select "Account" from the menu.
Look for "Transfers" in the left sidebar and click it. You will see a list of past transfers and a button to start a new one. Click "Transfer to Your Bank" or "Withdraw," enter your amount, and confirm the request.
The process is the same as the app — Robinhood sends it when ready, but your bank takes 1 to 3 business days to post it. You can return to the Transfers page anytime to check on a pending withdrawal.
What happens if you try to withdraw unsettled funds
When you sell a stock, the cash does not become available to withdraw right away. Robinhood shows you the sale price when ready, but the actual money takes 2 business days to settle — this is a rule set by the stock market, not by Robinhood.
If you try to withdraw before the 2 days are up, Robinhood will show you two numbers: "Available to Withdraw" (settled cash only) and "Total Cash" (including unsettled funds). You can only move the available amount. If you need the money sooner, you may be able to use unsettled funds to buy stocks, but you cannot withdraw them until they settle.
Withdrawal limits and restrictions
Robinhood does not set a daily or monthly limit on how much you can withdraw. You can move any amount of settled cash out of your account in a single transfer. The only limit is the amount of cash you actually have — you cannot withdraw money that is still invested in stocks or crypto, and you cannot withdraw more than your cash balance.
If you have a margin account (a Robinhood Gold account that lets you borrow money to trade), you can only withdraw up to your actual cash balance. Any borrowed funds stay in the account and cannot be withdrawn.
Why your withdrawal might be delayed
Robinhood processes withdrawals when ready on their end, but delays happen on your bank's side. Banks can take up to 3 business days to post transfers, and weekends and holidays do not count as business days. A withdrawal you request on Friday afternoon might not show up until Wednesday.
If more than 3 business days have passed and the money still has not arrived, contact your bank first — they can see whether the transfer is stuck in their system. If your bank says they never received it, then contact Robinhood support with your confirmation number from the withdrawal request.
Changing the bank account you withdraw to
You can only withdraw to the bank account you linked when you opened your Robinhood account. If you want to withdraw to a different bank account, you have to update your linked account in your settings first.
Go to Account settings, find "Transfers" or "Bank Accounts," and look for an option to add or change your linked bank. Robinhood will ask you to verify the new account — this usually means they send two small deposits to the account and ask you to confirm the amounts. Once verified, future withdrawals will go to that account instead.
Frequently Asked Questions
Can I withdraw money the same day I sell a stock?
No. Stock sales take 2 business days to settle, so the cash is not available to withdraw until then. You can see the sale price when ready, but the money itself is still settling. If you need cash faster, you would have to use a different source.
What if I withdraw money and then change my mind?
Once Robinhood sends a withdrawal to your bank, you cannot cancel it from the Robinhood side. Contact your bank when ready and ask them to reverse the transfer. Banks can sometimes recall transfers, but it depends on how far along the transfer is in their system.
Do I have to pay a fee to withdraw from Robinhood?
Robinhood does not charge a fee for withdrawals. Your bank might charge a fee if you are withdrawing to an account outside the United States, but domestic transfers are free on both ends.
Can I set up automatic withdrawals from Robinhood?
Robinhood does not offer automatic recurring withdrawals. You have to request each withdrawal manually through the app or website. You can withdraw as often as you want, but each one requires a separate request.
What if my bank account information is wrong?
If you enter the wrong bank details, the transfer will fail and the money will return to your Robinhood account within a few business days. Robinhood will show you an error message explaining why the transfer did not go through. Check your bank account number and routing number, then try again.