The basic withdrawal process

To withdraw money from Robinhood, you go to the Account menu, select "Transfers", then choose "Withdraw". You pick a linked bank account, enter the amount, and confirm. The money typically arrives in your bank account within one to three business days, though the exact timing depends on your bank.

Before you can withdraw, you must have a bank account linked to your Robinhood account. Robinhood only sends money to accounts you have already added and verified — it will not let you withdraw to a new bank account you have not used before.

The withdrawal itself is free. Robinhood does not charge a fee to move money out. Your own bank may charge a fee for receiving an incoming transfer, but that is rare for standard transfers.

Key Takeaways

  • Withdrawals go only to bank accounts you have already linked and verified in your Robinhood account.
  • Money typically arrives within one to three business days, depending on your bank's processing speed.
  • Robinhood does not charge a withdrawal fee, but you cannot withdraw unsettled cash or money from recent stock sales.
  • If you have a margin account, you can only withdraw cash that exceeds your margin requirement.
  • Withdrawals are processed on business days only, so a Friday request may not start processing until Monday.

Linking and verifying a bank account

You must add a bank account to Robinhood before you can withdraw to it. Go to Account, then Transfers, then select "Link a bank account". You will enter your bank's routing number and your account number. Robinhood will then send two small deposits (usually under $1 each) to that account.

Once those deposits arrive at your bank — typically one to two business days later — you return to Robinhood and confirm the two amounts. This verification step proves you own the bank account. Until you confirm those amounts, Robinhood will not let you withdraw to that account, though you can still deposit from it.

After verification, you can withdraw to that account when ready. You can link multiple bank accounts, and you can choose which one to send each withdrawal to.

Cash that cannot be withdrawn right away

Unsettled cash is money in your Robinhood account that has not finished processing. When you sell a stock, the sale settles after two business days. Until it settles, that cash sits in your account but you cannot withdraw it or use it to buy stocks. Robinhood shows you how much cash is unsettled in your Account menu under "Cash".

If you try to withdraw and the system says you do not have enough available cash, check whether you have recent stock sales waiting to settle. You can withdraw the settled portion and wait for the rest to settle, or you can wait until all your sales have settled and then withdraw the full amount.

This rule exists because the stock market takes two days to complete a sale on its end. Robinhood cannot send you money that the market has not yet confirmed is yours.

Margin accounts and withdrawal limits

If you have a margin account — one where Robinhood lends you money to buy stocks — you can only withdraw cash that is above your margin requirement. Your margin requirement is the minimum cash balance Robinhood requires you to keep in the account to cover potential losses on borrowed money.

Robinhood shows your available withdrawal amount in the Account menu. If you have a margin account and the system says you cannot withdraw a certain amount, it is because that money is being held to cover your margin requirement. Paying down any margin debt (money you owe Robinhood) will free up cash for withdrawal.

Most new Robinhood accounts are cash accounts, not margin accounts, so this does not explore to you unless you specifically requested margin.

How long withdrawals actually take

Robinhood processes withdrawals on business days only. If you request a withdrawal on a Friday after market close, it will not start processing until Monday. A withdrawal requested on Monday will typically leave Robinhood's system within one business day, but your bank controls how long it takes to appear in your account.

Most banks show the deposit within one to three business days of Robinhood sending it. Some banks are faster — deposits may appear the same day or the next day. Some banks are slower, especially if the transfer arrives late in the business day. You can contact your bank to ask how long incoming transfers typically take.

If a withdrawal has been pending for more than five business days, contact Robinhood support with your withdrawal confirmation number. You can find this number in your Account menu under "Transfers" — look for the specific withdrawal and tap it to see the confirmation number.

Partial withdrawals and minimum amounts

You can withdraw any amount down to $1. There is no minimum withdrawal amount. You can withdraw $5, $50, or $5,000 — Robinhood will process all of them the same way.

If you want to withdraw most of your money but keep some in the account, just enter the amount you want to remove. The rest stays in your Robinhood account and remains invested or sits as cash, depending on what you had it doing.

You can request multiple withdrawals at the same time, or you can space them out. There is no limit on how many withdrawals you can make per day or per week.

What to do if a withdrawal fails or gets stuck

A withdrawal can fail if your linked bank account information is incorrect or if your bank rejects the transfer. Robinhood will show you a failed status in your Transfers history. If this happens, the money returns to your Robinhood account within one to three business days.

Common reasons for failure include a closed bank account, a typo in the account number when you linked it, or your bank flagging the transfer as suspicious. If your bank rejected it, contact your bank to ask why. If the account information was wrong, you can unlink that account and add the correct one.

If a withdrawal shows as pending but never arrives after five business days, or if you see an error message you do not understand, open the Robinhood app, go to Account, tap the menu icon, and select "Contact Support". Provide your withdrawal confirmation number and the date you requested it.

Frequently Asked Questions

Can I withdraw money while I have unsettled cash?

Yes, but only the settled portion. If you have $1,000 in your account and $300 of it is unsettled from a recent stock sale, you can withdraw up to $700. Wait two business days for the sale to settle, then you can withdraw the full $1,000.

What if I withdraw money and then want to buy stocks again?

The money leaves your account once the withdrawal is processed. If you want to buy stocks again, you will need to deposit money back into Robinhood. Deposits also take one to three business days to arrive.

Do I pay taxes when I withdraw money from Robinhood?

Withdrawing cash does not trigger a tax event. You only owe taxes on investment gains when you sell stocks or receive dividends. Withdrawing your own cash or your gains does not create a new tax bill — the tax was already owed when you sold the stock.

Can I withdraw to a different bank account than the one I deposited from?

Yes. You can link multiple bank accounts and choose which one to send each withdrawal to. You only need to verify each new account once with the two small deposits.

What happens if I close my Robinhood account?

You can withdraw all your cash before closing, or Robinhood can send you a final check. If you have stocks, you must sell them first or transfer them to another brokerage. Contact Robinhood support to start the account closure process.