The basic process: withdraw to your linked bank account
To move money from Robinhood to your bank account, you transfer it through the app or website to a bank account you've already linked to your Robinhood account. Robinhood calls this a withdrawal. The money goes directly from Robinhood to your bank — it does not pass through any other service.
The process takes a few steps in the app, and the actual transfer usually takes one to three business days depending on your bank. You cannot withdraw money that is tied up in open trades or unsettled cash, which we'll explain below.
Before you can withdraw anything, you need to have a bank account connected to Robinhood. If you haven't done that yet, you'll set it up during your first withdrawal attempt — Robinhood will ask for your bank's routing number and your account number.
Key Takeaways
- Withdrawals from Robinhood to your bank account take one to three business days and happen through the app or website.
- You can only withdraw cash that has settled — money from stock or crypto sales that arrived more than one business day ago.
- If you have unsettled cash (money waiting to clear), you'll see two balances in the app: one you can withdraw and one you cannot.
- Robinhood does not charge a fee to withdraw to your bank account, but your bank may charge a fee for receiving the transfer.
- If a withdrawal fails, check that your bank account information is correct and that you have enough settled cash available.
Understanding settled versus unsettled cash
When you sell a stock or cryptocurrency on Robinhood, the money does not land in your account when ready. It takes time for the transaction to clear through the financial system — usually one to two business days. During that waiting period, the money is unsettled cash, and you cannot withdraw it.
Once the waiting period ends, the money becomes settled cash, and you can withdraw it. Robinhood shows you both amounts in the app: your "Cash Available" (settled) and your "Cash on Hold" (unsettled). You can only withdraw from the "Cash Available" number.
This matters because if you sell something on a Friday, the cash may not settle until Monday or Tuesday. If you try to withdraw over the weekend, you'll only be able to withdraw cash that was already settled before the sale.
Step-by-step: how to withdraw money
Open the Robinhood app or go to robinhood.com on a web browser. Tap or click the account icon (usually in the bottom right on the app, or top right on the website).
Look for "Transfers" or "Account" in the menu. Select "Withdraw" or "Transfer to Bank." Robinhood will show you how much settled cash you have available. Enter the amount you want to withdraw — it must be less than or equal to your available balance.
Choose which bank account to send it to (if you have more than one linked). Review the details and confirm. Robinhood will show you an estimated arrival date, usually one to three business days out. The transfer is now in progress.
You do not need to do anything else. The money will arrive in your bank account on its own. You can check the status of the transfer by going back to the Transfers section in the app.
Linking a new bank account to Robinhood
If this is your first withdrawal, you'll need to link a bank account before you can transfer money. During the withdrawal process, Robinhood will ask you to enter your bank's routing number and your account number. You can find both on a check, or by logging into your bank's website or app.
Some banks require you to verify the account by making small test deposits — Robinhood will deposit two small amounts (usually under a dollar each) into your account, and you'll need to enter those amounts back into Robinhood to confirm you own the account. This verification step can take a few extra days.
Once your bank account is verified, you can withdraw to it anytime without repeating this process. You can also link multiple bank accounts to Robinhood if you want to send money to different places.
Why a withdrawal might fail or be delayed
The most common reason a withdrawal fails is that you don't have enough settled cash. Check your "Cash Available" balance — if it's lower than the amount you're trying to withdraw, the transfer will be rejected. Wait for any pending sales to settle, or withdraw a smaller amount.
A withdrawal can also fail if your bank account information is wrong or if your bank rejects the incoming transfer. If this happens, Robinhood will send you a notification. Check that your routing number and account number are correct, and contact your bank to ask if they blocked the transfer. Some banks flag transfers from investment apps as suspicious.
Delays usually happen on weekends or bank holidays, when the financial system moves more slowly. A transfer that starts on a Friday afternoon might not arrive until Tuesday. This is normal and not a problem with your account.
Fees and limits on withdrawals
Robinhood does not charge you a fee to withdraw money to your bank account. However, your bank may charge a fee for receiving an incoming transfer — this depends on your bank's policies, not on Robinhood. Check with your bank if you're unsure.
Robinhood does not set a limit on how much you can withdraw at once, but your bank may have its own limits on how much money it will accept in a single transfer. If your bank rejects a large withdrawal, try breaking it into smaller transfers.
There is no limit on how often you can withdraw. You can move money out of Robinhood as many times as you want, as long as you have settled cash available.
What to do if money is stuck in unsettled cash
If you need to withdraw money but it's all sitting in unsettled cash, you have to wait. There is no way to speed up the settlement process — it's controlled by the financial system, not by Robinhood. Unsettled cash typically becomes available within one to two business days of the sale.
If you have a pattern of needing cash quickly after selling, consider selling earlier in the week rather than on Friday, so the money settles before the weekend. You can also keep some settled cash in your Robinhood account at all times so you always have something available to withdraw.
Do not try to withdraw unsettled cash by using a different method — Robinhood will not let you, and attempting to do so may trigger a review of your account.
Frequently Asked Questions
How long does it take for money to arrive in my bank account?
Most withdrawals arrive within one to three business days. Weekends and bank holidays can add time. If a transfer takes longer than five business days, contact Robinhood support to check the status.
Can I withdraw money if I have open trades?
You can withdraw settled cash even if you have open trades. The money you can withdraw is separate from the money tied up in stocks or crypto you currently own. Only cash from completed sales is available to withdraw.
What if my bank account information changes?
You can update your bank account details in the Transfers section of your Robinhood account. If you've already linked an account and want to change it, you can remove the old one and add a new one. Future withdrawals will go to the new account.
Can I withdraw to someone else's bank account?
No. Robinhood only allows withdrawals to bank accounts in your own name. This is a security measure to prevent fraud. If you need to move money to another person, withdraw to your own account first, then transfer it from your bank to theirs.
What happens if a withdrawal is rejected by my bank?
Robinhood will notify you and the money will stay in your Robinhood account as settled cash. Contact your bank to find out why they rejected it — common reasons include incorrect account information, account closure, or fraud alerts. Fix the issue and try again.