How to Withdraw Money From Your Robinhood Account

The basic withdrawal process: three steps

To withdraw money from Robinhood, you transfer funds from your Robinhood account back to the bank account you linked when you signed up. The process takes place entirely within the Robinhood app or website, and the money typically arrives in your bank account within one to three business days.

The three steps are: open the Account menu, select "Transfers", choose "Withdraw", enter the amount, confirm the receiving bank account, and submit. Robinhood then sends the money to your bank, which processes it on their end — the timing depends partly on your bank's speed.

You can withdraw any cash sitting in your account. You cannot withdraw shares themselves through this process; if you want the money from a stock or ETF you own, you must sell it first, wait for the sale to settle (usually two business days), and then withdraw the cash.

Key Takeaways

• Withdrawals go to the bank account you linked during signup, and you cannot change the destination bank without unlinking and relinking your account.
• Cash in your account is available to withdraw immediately, but unsettled funds from recent stock sales must wait two business days after the sale.
• Robinhood processes your withdrawal request the same day you submit it, but your bank controls how long the money takes to appear — typically one to three business days.
• If you have an unsettled trade or a margin loan, Robinhood may hold your withdrawal until those are resolved.

Unsettled funds and the two-day waiting period

When you sell a stock or ETF on Robinhood, the sale settles two business days later. Until settlement is complete, that money is unsettled and cannot be withdrawn. Robinhood shows your settled cash and unsettled cash separately in your account — check both before you plan a withdrawal.

If you sell on a Monday, the settlement date is Wednesday. You can withdraw on Wednesday evening or later. If you sell on a Friday, settlement is Monday, and you can withdraw Monday evening or later. Weekends and market holidays extend the timeline.

This two-day rule is set by the Securities and Exchange Commission (SEC), not by Robinhood. Every brokerage follows it. If you try to withdraw unsettled funds, Robinhood will reject the request and show you the date when the funds will be available.

Linked bank accounts and changing where money goes

Your withdrawal always goes to the bank account you linked when you created your Robinhood account. You cannot choose a different bank account at withdrawal time. If you want to withdraw to a different bank, you must unlink your current account and link a new one.

To unlink a bank account, go to Account settings, select "Linked Banks", and remove the account. You can then link a new bank account. Robinhood will verify the new account by sending two small deposits (usually under one dollar each) to it — you confirm the amounts to prove you control the account. This verification typically takes one to two business days.

While you are waiting for verification, you cannot withdraw. Plan ahead if you need money on a specific date.

Margin accounts and holds on withdrawals

If you have a margin account (which lets you borrow money to buy stocks), Robinhood may place a temporary hold on your withdrawal if you have an unsettled trade or an outstanding margin loan. The hold stays in place until the trade settles or the loan is repaid.

A margin loan occurs when you buy more stock than you have cash for. The borrowed amount accrues interest daily. You must repay it before Robinhood will release your withdrawal. If you are unsure whether you have a margin loan, check your Account balance — it will show "Buying Power" and any borrowed amount separately.

Most new Robinhood users start with a cash account, not a margin account, so this does not apply to you unless you specifically requested margin trading.

Withdrawal limits and fees

Robinhood does not charge a fee to withdraw money to your bank account. There is no minimum withdrawal amount, and no maximum — you can withdraw your entire account balance if you want.

Your bank may charge a fee for receiving an incoming wire transfer, though most banks do not. Check your bank's fee schedule if you are concerned. Robinhood uses the Automated Clearing House (ACH) network for most withdrawals, which is free on the receiving end.

If you withdraw and then immediately deposit the same money back, Robinhood's system treats each as a separate transaction. There is no penalty for moving money in and out repeatedly, but your bank might flag unusual activity — contact them if you plan frequent large transfers.

What to do if your withdrawal is rejected or delayed

Robinhood will reject a withdrawal if the amount exceeds your available cash, if your funds are unsettled, if you have an active margin loan, or if there is a problem with your linked bank account. The app shows a reason for the rejection.

If the reason is unsettled funds or a margin loan, wait for settlement or repay the loan, then try again. If the reason is a bank account problem, Robinhood may have detected that the account is closed, frozen, or no longer valid. In that case, unlink the account and link a new one.

If your withdrawal is accepted but the money does not arrive in your bank account after five business days, contact Robinhood support through the app. Provide the date you submitted the withdrawal and the amount. Robinhood can check whether the transfer was sent and, if it was, work with your bank to locate it.

Withdrawing after closing your account

If you want to close your Robinhood account entirely, you must first sell all your holdings and withdraw all your cash. Robinhood does not close an account that still holds stocks or unsettled funds. Once your account is empty, you can request closure through Account settings.

After you request closure, Robinhood typically processes it within a few business days. Any pending withdrawals are completed before the account closes. If you have a margin loan, you must repay it before closure is allowed.

Frequently Asked Questions

How long does a withdrawal actually take?

Robinhood processes your request the same business day you submit it. Your bank then takes one to three business days to deposit the money into your account. The total time is usually two to four business days from submission to arrival. Some banks are faster; a few are slower. Contact your bank if money does not arrive within five business days.

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

No. Withdrawals go only to the bank account you linked during signup. To withdraw to a different bank, unlink your current account and link the new one. Verification of the new account takes one to two business days, during which you cannot withdraw.

What if I sold a stock but the money is not showing as available?

Stock sales settle two business days after the sale date. Until settlement is complete, the money is unsettled and cannot be withdrawn. Check your account to see the settlement date. Weekends and market holidays extend the timeline — a Friday sale settles on Monday, not Sunday.

Does Robinhood charge a fee to withdraw?

No. Robinhood does not charge a withdrawal fee. Your bank may charge a fee for receiving a wire transfer, but most banks do not charge for ACH transfers, which is what Robinhood uses.

What happens if I try to withdraw more than I have?

Robinhood will reject the withdrawal and show an error message. You can only withdraw up to your available cash balance. If you have unsettled funds, they do not count toward your available balance until settlement is complete.