Quick answer: To withdraw from Robinhood, open the app and go to Account â Transfers â Transfer money, choose Robinhood as âFromâ and your bank as âToâ, enter the amount and confirm. A standard bank (ACH) withdrawal is free and usually arrives in about 1â3 business days. An instant withdrawal to an eligible debit card costs 1.75% (minimum $1, maximum $150). You can only withdraw settled, withdrawable cash â money from recent deposits or sales may not be available yet.
This guide explains each step, how long withdrawals take, limits and fees, and fixes for common problems.
Robinhood withdrawal options
| Method | Cost | Typical time |
|---|---|---|
| Standard bank transfer (ACH) | Free | About 1â3 business days |
| Instant withdrawal to debit card | 1.75% (min $1, max $150) | Usually minutes, if eligible |
| Outgoing domestic wire | $25 | Usually same or next business day |
| Account transfer to another broker (ACATS) | Transfer-out fee | About a week |
Fees from Robinhoodâs official fee schedule. Check the app for current amounts.
Step-by-step: withdraw to your bank
- Open the Robinhood app and tap Account (the person icon).
- Tap Transfers, then Transfer money.
- Set From to your Robinhood account and To to your linked bank.
- Enter the amount. The app shows how much is withdrawable.
- Choose standard or instant (if available) and review the fee, if any.
- Confirm. You may need to verify with two-factor authentication.
On the web, go to Account â Transfers at robinhood.com and follow the same steps. New to the app? See our beginnerâs guide.
Why your withdrawable amount is lower
Your account value and your withdrawable cash are different. Common reasons for the gap:
- Unsettled sales: US stock sales settle in one business day (T+1). Options also settle T+1. Crypto sales may need time before you can withdraw.
- Recent deposits: money you deposited may be available to trade instantly but not to withdraw until the bank transfer fully clears, often several business days.
- Instant deposits: if you used instant access to invest, that amount canât be withdrawn until the original deposit completes.
- Margin: borrowed buying power isnât withdrawable cash.
- Pending orders: cash reserved for open orders isnât available.
- Gold or other fees due.
How long withdrawals take
| When you request | Typical arrival (standard ACH) |
|---|---|
| Business day, before the cut-off | About 1â3 business days |
| After the cut-off | Processing starts the next business day |
| Weekend or holiday | Processing starts the next business day |
Your bank may take extra time to post the funds. If a withdrawal is late, first check its status in your transfer history, then ask your bank whether itâs pending on their side.
Withdrawal limits
Robinhood sets daily limits on bank withdrawals and instant withdrawals, and your available amount also depends on settled cash. Limits can vary by account, history and security checks. The app shows your current limit when you enter an amount. Very large transfers may be easier by wire.
Instant withdrawals
Eligible customers can send money to a linked debit card in minutes. It costs 1.75% of the amount, with a $1 minimum and $150 maximum. For a $500 withdrawal, the fee is $8.75. Use instant withdrawals only when speed really matters; standard transfers are free.
Withdrawing from an IRA
IRA withdrawals work differently. You choose whether to withhold taxes, and early withdrawals before age 59œ may face income tax and a 10% penalty, with some exceptions. Withdrawing matched funds early may also mean losing your IRA match. Read our IRA match guide and the IRS rules before withdrawing.
Withdrawing crypto
To move crypto, you send it to an external wallet rather than âwithdrawingâ cash. To get cash, sell the crypto first, wait for funds to be available, then withdraw to your bank.
Common withdrawal problems and fixes
| Problem | What to do |
|---|---|
| âWithdrawable cash: $0â | Wait for sales or deposits to settle; check for instant-deposit use |
| Withdrawal pending for days | Check status; contact support in-app; ask your bank |
| Bank account unlinked | Relink your bank and verify |
| Instant withdrawal not available | Check card eligibility and limits |
| Account restricted | Resolve the restriction message in the app |
| Withdrawal reversed | Bank rejected it â check account details |
Beware of âwithdrawalâ scam texts
Scammers send texts like âYour Robinhood withdrawal of $1,000 is processing â call to cancelâ or âHere is your withdrawal code.â These are tricks to get your login codes or money. Never call numbers in these messages. Open the app yourself to check your transfers. Robinhood says it will never ask for your password or 2FA code. Learn more in our safety guide.
Taxes when you withdraw
Withdrawing cash from a regular brokerage account isnât taxable by itself. Taxes come from selling investments at a gain, dividends and interest â reported on your yearly tax forms. IRA withdrawals have their own tax rules.
A real-world example
Lena sold $2,000 of ETF shares on Monday to pay for a car repair. On Monday evening her withdrawable cash still showed $0 because the sale hadnât settled. On Tuesday, after settlement, she requested a free standard withdrawal, and the money arrived in her bank on Thursday. Because she was in a hurry, she considered an instant withdrawal, but the $35 fee wasnât worth saving two days.
Tips for smooth withdrawals
- Plan ahead â sell a few days before you need the cash.
- Keep your bank account linked and verified.
- Avoid using instant deposits if you might need to withdraw soon.
- Use standard transfers to avoid fees.
- Keep two-factor authentication on.
Withdrawing by wire
For large amounts or when speed matters without a debit-card limit, an outgoing domestic wire can be useful. It costs $25 per wire. Youâll need your bankâs wire details, and the name on the bank account must match your Robinhood account. Double-check details before sending, since wires are hard to reverse.
Closing your account?
If you plan to leave Robinhood, sell or transfer your investments first, withdraw the remaining cash, download your statements and tax documents, then request account closure in the app. Keep records for at least a few years.
Need the exact fee? Try our free instant withdrawal fee calculator.
FAQ
How long does a Robinhood withdrawal take?
Standard bank withdrawals usually take about 1â3 business days. Instant withdrawals can arrive in minutes.
Why canât I withdraw all my money?
Recent deposits, unsettled sales, margin and instant deposits can reduce your withdrawable cash.
Is there a fee to withdraw from Robinhood?
Standard withdrawals are free; instant withdrawals and wires have fees.
Can I withdraw on weekends?
You can request one, but standard transfers process on business days.
Can I cancel a withdrawal?
Sometimes, if it hasnât started processing. Check the transfer in your history.
Summary
Withdrawing from Robinhood is simple: Account â Transfers â Transfer money. Standard transfers are free and take a few business days; instant withdrawals are fast but cost 1.75%. Most problems come from unsettled trades or recent deposits, so plan ahead. For all fees, see our Robinhood fees guide. This article is educational and not financial advice.
RobinhoodTradeApp Guide is an independent website and is not affiliated with, endorsed by or sponsored by Robinhood Markets, Inc. This article is for educational purposes only and is not financial, investment or tax advice. Fees, rates and features change often, so always confirm details on Robinhoodâs official website. Investing involves risk, including the possible loss of principal.
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