How to Withdraw Money From Robinhood

Follow these steps to transfer funds from your Robinhood account to your bank:

1. Open the Robinhood app on your iOS or Android device and log in.
2. Tap the Account icon (the person icon) in the bottom-right corner of the screen.
3. Select "Transfers."
4. Tap "Transfer to Your Bank."
5. Select your linked bank account. If you have not linked a bank account yet, tap "Link a New Bank Account" and follow the prompts to add your bank using your routing and account numbers.
6. Enter the withdrawal amount. You can only withdraw settled funds — Robinhood displays your "withdrawable cash" balance, which reflects funds available after settlement.
7. Tap "Review" and then confirm the transfer.

Standard withdrawals (ACH transfer) typically arrive within three to five business days. Understanding what three business days means helps you plan the timing of your withdrawal. Robinhood Gold members and some standard accounts may qualify for instant withdrawals, which arrive faster but may be subject to limits.

When you sell a stock or ETF on Robinhood, the transaction does not settle immediately. Under SEC rules, most equity trades settle on a T+1 basis — meaning the transaction settles one business day after the trade date as of 2024, following the SEC's update to the standard settlement cycle. Options trades also typically settle on a T+1 basis.

Until the settlement is complete, the proceeds appear in your account but are not yet withdrawable. Robinhood displays your "buying power" (available for new trades) separately from your "withdrawable cash" (available for bank withdrawal). Attempting to withdraw unsettled funds will result in an error. Patience is required — allow one business day after a sale before funds typically become withdrawable. Knowing what counts as one business day helps you calculate when to expect settled funds.

Robinhood imposes a daily withdrawal limit. As of 2026, the standard daily withdrawal limit for Robinhood accounts is $50,000. Instant deposit limits (for same-day cash access on deposits) are separate from withdrawal limits. There are no fees for standard ACH withdrawals from Robinhood to a linked bank account.

If you hold a Robinhood Gold subscription, you may have access to higher instant deposit amounts and faster fund availability. Robinhood does not charge a fee for standard withdrawals, but your bank may have its own policies regarding incoming electronic transfers. Robinhood is a FINRA-registered broker-dealer and a member of SIPC, which protects customer accounts up to $500,000 (including $250,000 in cash) in the event of firm failure — not against investment losses. If you are also considering options trading, see our guide on how to trade options on Robinhood.

Withdrawing money from Robinhood does not itself trigger a tax event. The taxable event occurs when you sell a security at a gain or receive a dividend. If you sold investments to generate the funds you are withdrawing, those sales are potentially subject to capital gains tax.

Short-term capital gains (from assets held one year or less) are taxed as ordinary income at your marginal federal rate. Long-term capital gains (from assets held more than one year) are taxed at preferential rates of 0%, 15%, or 20% depending on your taxable income. IRS Topic 409 covers capital gains tax rules. Robinhood issues Form 1099-B at tax time summarizing your realized gains and losses for the year. Consult a CPA or enrolled agent for advice specific to your tax situation before making large withdrawals from a taxable brokerage account. You may also want to understand how tax write-offs work for any investment-related deductions.

If your withdrawal is pending or delayed, the most common causes are unsettled funds (wait one business day after a sale), a recently changed bank account (Robinhood may impose a hold after linking a new bank), or a restriction on your account due to pattern day trading rules or margin activity. If you have a margin account, your withdrawable cash may be lower than your total account value because margin borrowing reduces net equity.

If you see a "withdrawal failed" message, check that your linked bank account information is current and that you are not attempting to withdraw more than your withdrawable cash balance. For persistent issues, contact Robinhood support through the in-app help menu. If you believe your account has been accessed without authorization, contact Robinhood immediately and report the incident to FINRA and the SEC as warranted. If you want to learn other ways to manage your Robinhood investments, see our guide on how to sell on Robinhood.