The basic process: withdraw to your linked bank account

To move money from Robinhood to your bank, you go through Robinhood's withdrawal system, which sends the cash to whichever bank account you linked when you opened your Robinhood account. The money does not move when ready—it takes one to three business days for the transfer to land in your bank, depending on your bank's processing speed and whether you initiated the transfer on a weekend or holiday.

You do not need to contact Robinhood support or your bank directly unless something goes wrong. The withdrawal happens through Robinhood's interface, and your bank receives it as a standard ACH transfer (the same method used for direct deposit and bill pay).

Key Takeaways

  • Withdrawals from Robinhood take one to three business days to reach your bank account, not minutes or hours.
  • You can only withdraw to a bank account in your own name that you linked to Robinhood when you opened the account.
  • Robinhood does not charge a withdrawal fee, but your bank may charge a fee if you exceed a certain number of transfers per month.
  • If your withdrawal is pending and you need the money sooner, you cannot cancel it once Robinhood has processed it—you have to wait for it to arrive and then move it again.
  • If money does not arrive after three business days, check your bank's incoming transfer history before contacting Robinhood.

Step-by-step: how to withdraw from Robinhood

Open the Robinhood app or website and tap or click the Account icon (usually at the bottom right on mobile, or in the top left on desktop). Select "Transfers" or "Account" depending on your version of the app. Look for "Withdraw" or "Transfer to Your Bank"—the exact wording varies slightly between the mobile app and website.

Enter the amount you want to withdraw. Robinhood will show you your available cash balance; you can only withdraw cash that is already settled in your account, not cash that is tied up in pending stock or crypto sales. If you sold a stock today, that cash may not be available to withdraw until tomorrow or the next day, depending on settlement rules.

Select the bank account you want the money sent to. If you only linked one bank account, it will be pre-selected. If you linked multiple accounts (for example, a checking account and a savings account), choose the one you want. Confirm the amount and tap "Submit" or "Confirm Withdrawal."

Robinhood will show you a confirmation screen with an estimated arrival date. This date is usually one to three business days from the date you submitted the withdrawal. The clock starts when Robinhood processes your request, which happens during business hours on weekdays.

Why your withdrawal might be delayed

If you initiated a withdrawal on a Friday evening or over the weekend, Robinhood does not process it until Monday morning. The one-to-three-day timer starts from the moment Robinhood processes it, not from when you submitted it. So a withdrawal you request on Friday at 6 p.m. might not start moving until Monday, and then take another one to three days to clear.

Your bank's processing speed also matters. Some banks (particularly smaller regional banks or credit unions) take the full three days to post ACH transfers. Larger banks like Chase, Bank of America, and Wells Fargo often post them within one business day. If Robinhood says the transfer is on the way but your bank has not posted it after two business days, contact your bank's customer service—they can see the incoming transfer in their system and tell you when it will post.

If you are withdrawing a large amount (usually over $10,000, though this varies), Robinhood may flag it for review. This can add a day or two to processing time. You will see a message in the app if this happens. This is not a freeze or a problem; it is a standard anti-fraud check.

What happens if you linked the wrong bank account

You can only withdraw to a bank account that is registered in your own name and that you linked to Robinhood during account setup. You cannot withdraw to someone else's account, a business account, or an account you added after opening your Robinhood account (unless Robinhood's system allows you to add new accounts—this varies by state and account type).

If you made a withdrawal to the wrong account by mistake, the money will still go to that account. You cannot recall it once Robinhood has processed it. Your only option is to contact the bank that received the money and ask them to reverse it, which they may or may not do depending on their policies. This process is slow and not may provide.

Before you withdraw, double-check the bank account name and last four digits shown in Robinhood. If you need to withdraw to a different account, contact Robinhood support to ask whether you can add a new linked account. Some account types allow this; others do not.

Bank fees and transfer limits

Robinhood does not charge you a fee to withdraw money. However, your bank may charge a fee if you exceed a certain number of transfers per month. Federal Regulation D used to cap savings account transfers at six per month, but that rule was suspended in 2020 and has not been fully reinstated. Most banks no longer enforce strict limits, but some still charge a fee after a certain number of transfers (often five to ten per month).

Check your bank's fee schedule or contact them directly to find out whether they charge for incoming ACH transfers. If you are making frequent small withdrawals from Robinhood, you might save money by making one larger withdrawal per month instead.

What to do if your withdrawal does not arrive

Wait at least three business days from the date Robinhood processed your withdrawal (not from the date you requested it). If the money has not arrived after three business days, log into your bank account and check your transaction history or pending transfers. Your bank may show the incoming transfer even if it has not posted to your balance yet.

If your bank shows the transfer is pending, wait another day. If your bank shows no sign of the transfer after four business days, contact Robinhood support through the app. Go to Account, then Help, then select "Transfers" as the topic. Robinhood will ask for the date and amount of the withdrawal and can check whether it was actually sent. If Robinhood confirms it sent the money, the problem is on your bank's end—contact your bank and provide them with the transfer reference number Robinhood gives you.

If Robinhood says the withdrawal is still pending or processing, ask them for an updated timeline. Withdrawals rarely get stuck, but if yours does, Robinhood can manually investigate and either complete it or reverse it back to your Robinhood account.

Withdrawals from Robinhood Crypto and Robinhood Gold accounts

If you hold cryptocurrency on Robinhood, you cannot withdraw the crypto itself to an external wallet. You can only sell it and withdraw the cash proceeds to your bank account, using the same process described above. The sale happens when ready, but the cash withdrawal still takes one to three business days.

If you have a Robinhood Gold subscription (Robinhood's paid membership tier), withdrawals work the same way. The subscription does not change withdrawal speed or fees. You still cannot withdraw faster than one to three business days.

Frequently Asked Questions

Can I withdraw money the same day I sell a stock?

Not always. Stock sales settle after one or two business days depending on the type of security. Until the sale settles, the cash is not available to withdraw. Robinhood will show you which cash is available and which is pending settlement in your account balance.

What if I need the money faster than three days?

You cannot speed up the withdrawal process. If you need cash urgently, your only option is to use a credit card, personal loan, or line of credit. Robinhood does not offer same-day or next-day transfers.

Can I withdraw to a savings account at a different bank than my checking account?

Yes, as long as you linked that savings account to Robinhood when you opened your account. You select which linked account receives the withdrawal each time you initiate one.

What happens if I withdraw more than I have in my account?

Robinhood will not let you submit a withdrawal for more than your available cash balance. The system prevents you from overdrawing.

Do I have to report large withdrawals to the IRS?

Robinhood reports your investment activity to the IRS on a Form 1099, but withdrawals of your own money are not taxable events. However, any gains you made on stocks or crypto you sold are taxable. Consult a tax professional about your specific situation.