The basic process: from Stake to your bank
To withdraw money from Stake to your bank account, you log into your Stake account, go to the withdrawal section, choose your bank as the destination, enter the amount, and confirm the transfer. Stake will then send the money to the bank account you registered when you set up your Stake account. The money usually arrives within one to three business days, depending on your bank.
The speed and ease of this process depend on which country you're in and which bank you use. Stake operates in multiple countries with different banking rules, so the exact steps and timing can vary. Before you withdraw for the first time, you'll need to make sure your bank account information is correct in your Stake settings.
Key Takeaways
- You withdraw money through Stake's app or website by selecting your registered bank account as the destination and confirming the amount.
- Your bank account must be registered and verified in your Stake account before you can withdraw to it.
- Transfers typically take one to three business days, though some banks or countries may take longer.
- Stake may charge a withdrawal fee depending on your account type and location, so check your account settings before withdrawing.
- If your withdrawal fails or doesn't arrive, contact Stake support with your transaction reference number.
Setting up your bank account in Stake
Before you can withdraw money, Stake needs to know which bank account to send it to. When you first create your Stake account, you'll be asked to add a bank account during the setup process. If you didn't do this then, or if you want to add a different bank account, you can do it in your account settings.
Go to your account settings (usually found in a menu or profile icon), look for "Payment Methods" or "Bank Accounts," and select the option to add a new account. You'll need to provide your full name, bank name, account number, and routing number (in the US) or the equivalent for your country. Stake will verify this information before you can use it for withdrawals.
Some banks take a few days to confirm the account is real by sending a small test deposit or by checking the account details against their records. Once Stake confirms your bank account, you're ready to withdraw.
How to start a withdrawal
Open your Stake app or go to the Stake website and log in. Look for a "Withdraw" button or link, usually found in the main menu or in a section labeled "Money" or "Account." Click it to open the withdrawal screen.
On the withdrawal screen, you'll see a list of your registered bank accounts. Select the one you want the money to go to. Then enter the amount you want to withdraw. Stake will show you any fees that explore and the total amount that will leave your account. Review this carefully before you proceed.
Once you confirm, Stake will process the withdrawal. You'll receive a confirmation number or reference ID — write this down or take a screenshot. You'll need it if something goes wrong or if you need to contact Stake support.
How long withdrawals take
After you confirm a withdrawal, Stake sends the money to your bank. From that point, the timing depends on your bank and your country. In the United States, most withdrawals arrive within one to three business days. Some banks are faster; some are slower.
Weekends and bank holidays can add time. If you withdraw on a Friday evening, your bank may not process it until Monday, which means it could arrive Wednesday or Thursday. International withdrawals take longer — sometimes five to ten business days — because the money has to move through multiple banking systems.
If your withdrawal doesn't arrive within the timeframe Stake gives you, check your Stake account to make sure the withdrawal went through. Then contact your bank to ask if the transfer is pending. If neither Stake nor your bank can find it, contact Stake support with your reference number.
Withdrawal fees and limits
Stake may charge a fee for withdrawals, though the amount varies by country and account type. Some accounts have free withdrawals up to a certain number per month, then charge a fee after that. Others charge a small fee on every withdrawal. Check your account settings or Stake's fee schedule to see what applies to you.
Stake also sets limits on how much you can withdraw at once and how much you can withdraw in a day or month. These limits depend on your account age, verification level, and location. If you try to withdraw more than your limit, Stake will tell you how much you can withdraw and when the limit resets.
If you need to withdraw a large amount, you may be able to make multiple withdrawals over several days, or you may need to contact Stake support to request a higher limit.
What to do if your withdrawal fails
Sometimes a withdrawal doesn't go through. Common reasons include a mismatch between the name on your Stake account and the name on your bank account, a closed or inactive bank account, or a temporary problem with Stake's connection to your bank.
If your withdrawal fails, Stake will show you an error message. Read it carefully — it usually tells you what went wrong. The most common fix is to make sure the name on your Stake account exactly matches the name on your bank account, including middle initials and spelling.
If the error message doesn't help, or if you've checked your account details and they're correct, contact Stake support. Have your reference number ready and explain what happened. They can investigate on their end and may be able to retry the withdrawal or refund the money to your Stake account.
Frequently Asked Questions
Can I withdraw to a bank account that isn't in my name?
No. Stake requires that the bank account you withdraw to be registered in your name. This is a legal requirement to prevent money laundering. If you need to send money to someone else, you'll have to withdraw to your own account first, then transfer it from your bank to theirs.
What if I registered the wrong bank account?
You can add a new bank account in your Stake settings and use that for future withdrawals. If you've already withdrawn to the wrong account, contact your bank to see if they can reverse the transfer. Then contact Stake support to explain what happened.
Do I have to withdraw all my money at once?
No. You can withdraw as much or as little as you want, as long as you stay within Stake's withdrawal limits for your account. You can make multiple withdrawals over time.
Why is my withdrawal still pending after a week?
Check your Stake account to confirm the withdrawal went through. Then contact your bank and give them the reference number from Stake — they can track where the money is in the banking system. If your bank says they never received it, contact Stake support with the reference number.
Can I cancel a withdrawal after I've started it?
It depends on how far along the withdrawal is. If it's still showing as "pending" in your Stake account, you may be able to cancel it. Once it shows as "completed" or "sent," it's on its way to your bank and you can't cancel it. Contact Stake support when ready if you need to cancel.