Withdrawing cash from Robinhood works differently depending on whether you want to move money to your bank or sell investments first
To withdraw cash from Robinhood, you transfer money from your Robinhood account to a linked bank account. If you have unsettled cash (money from recent stock or crypto sales that hasn't cleared yet), you'll need to wait for that to settle before you can move it. If you want the money from selling stocks or crypto, you sell first, wait for the sale to settle, then transfer the proceeds to your bank.
The process takes a few minutes to set up in the app, but the actual bank transfer typically takes one to three business days depending on your bank. You can withdraw as much as you have available — there's no minimum or maximum set by Robinhood itself, though your bank may have its own limits.
Key Takeaways
- You can only withdraw settled cash or proceeds from sales that have cleared, not unsettled funds from recent trades.
- Link your bank account in the Robinhood app under Account settings before you can transfer money out.
- The withdrawal request takes minutes to process in the app, but the money arrives at your bank in one to three business days.
- Selling stocks or crypto to raise cash for withdrawal takes one to two business days to settle before you can move that money.
How to link your bank account for withdrawals
Before you can withdraw anything, Robinhood needs to know where to send the money. Open the Robinhood app and tap the Account icon (usually at the bottom right). Select "Account Settings," then look for "Linked Banks" or "Transfer Method." Tap the option to add a new bank account.
You'll enter your bank's routing number and your account number. Robinhood will make two small test deposits to your bank account — usually within one to two business days. Once those deposits arrive, you go back into the app and confirm the amounts to verify the account is really yours. After that, your bank account is linked and ready for withdrawals.
If you already have a bank account linked from when you funded your Robinhood account, you can use that same account to withdraw. You don't need to link a new one unless you want to withdraw to a different bank.
Withdrawing settled cash from your account
If you have cash sitting in your Robinhood account (money you deposited but haven't invested yet, or proceeds from sales that have already settled), you can move it to your bank when ready. Open the app, tap Account, then select "Transfers." Choose "Withdraw" and pick the linked bank account you want the money to go to.
Enter the amount you want to withdraw. Robinhood will show you how much settled cash you have available — this is the only amount you can move. Confirm the withdrawal, and Robinhood processes it right away. The money then travels to your bank, which typically takes one to three business days to show up in your account.
You'll see the withdrawal listed in your transaction history as pending, then completed once it reaches your bank. Some banks post transfers faster than others, so the timing depends partly on which bank you use.
Selling investments to raise cash for withdrawal
If your money is tied up in stocks, ETFs, or crypto, you need to sell those positions first before you can withdraw the cash. Open Robinhood, find the investment you want to sell, and tap the sell button. Enter how many shares or how much crypto you want to sell, review the price, and confirm the sale.
The sale executes when ready during market hours (or at the next market open if you're selling after hours). However, the cash from that sale doesn't become available to withdraw right away. Stock sales typically settle in two business days. Crypto sales usually settle in one business day. During that settlement period, the cash shows in your account but is marked as "unsettled" — you can't touch it yet.
Once the settlement period ends, the cash moves to your "settled cash" balance and you can withdraw it using the steps above. If you're in a hurry to move money, crypto withdrawals are faster because they settle in one day instead of two.
Understanding settled versus unsettled cash
Settled cash is money that's fully yours and ready to move. This includes deposits you made to Robinhood, cash from stock sales that cleared two business days ago, or cash from crypto sales that cleared one business day ago. You can withdraw settled cash anytime during Robinhood's operating hours.
Unsettled cash is money from recent sales that's still in the clearing process. You can see it in your account and you can use it to buy new investments, but you cannot withdraw it to your bank until it settles. Robinhood shows you both amounts separately so you know exactly what you can move out.
If you try to withdraw unsettled cash, the app will show you an error or won't let you enter that amount. This is a protection built into the system — you're not doing anything wrong if you see this message, it just means you need to wait a day or two for the sale to clear.
What happens if your withdrawal is rejected
Occasionally a withdrawal fails. The most common reason is that your bank account information changed or your bank rejected the transfer for security reasons. When this happens, Robinhood sends you a notification and the money stays in your Robinhood account.
Check that your linked bank account number and routing number are still correct in the app. If they've changed, update them and try the withdrawal again. If your bank rejected it, contact your bank to ask why — they may have flagged it as suspicious or there may be a hold on your account. Once you clear it with your bank, you can retry the withdrawal in Robinhood.
In rare cases, Robinhood itself may hold a withdrawal if it detects unusual activity. If this happens, you'll see a message in the app explaining the hold. These holds are temporary and usually lift within a few business days.
Withdrawal limits and fees
Robinhood does not charge a fee to withdraw money to your bank account. There is no minimum withdrawal amount — you can move out $1 if you want. There is no maximum set by Robinhood, though your bank may have daily or monthly transfer limits on how much you can receive.
If your bank has limits, you can contact them to ask about raising those limits, or you can make multiple smaller withdrawals spread across different days. Robinhood's system will let you know if you're trying to withdraw more than your bank allows, and you can adjust the amount.
Frequently Asked Questions
How long does it take for money to show up in my bank account after I request a withdrawal?
Robinhood processes the withdrawal when ready, but your bank controls how fast it arrives. Most banks post transfers within one to three business days. Weekends and holidays don't count as business days, so a withdrawal requested on Friday may not arrive until Tuesday. Contact your bank if money doesn't show up within three business days.
Can I withdraw money if I have unsettled cash from a recent sale?
No. You can only withdraw settled cash. If you sold stocks, wait two business days. If you sold crypto, wait one business day. After that, the cash becomes settled and you can move it. Robinhood shows you both amounts in your account so you know which is available.
What if I want to withdraw to a different bank account than the one I linked?
You'll need to link the new bank account first. Go to Account Settings, select Linked Banks, and add the new account. Robinhood will send two test deposits and you'll confirm the amounts. Once verified, you can use that account for withdrawals. The old account stays linked unless you remove it.
Do I have to withdraw all my money at once?
No. You can withdraw any amount up to your settled cash balance. You can make multiple withdrawals on different days, or withdraw just part of your cash and leave the rest invested. There's no penalty for partial withdrawals.
What if Robinhood closes my account — can I still withdraw my money?
Yes. If Robinhood closes your account, you'll have a window to withdraw your remaining cash and sell your investments. Robinhood will notify you of the timeline. You follow the same withdrawal process — sell any investments if needed, wait for settlement, then transfer the cash to your linked bank account.