Robinhood allows users to withdraw available cash from their brokerage account to a linked bank account with just a few steps. However, many users get confused about withdrawal timing, limits, and eligibility. This guide explains how to withdraw money from Robinhood, answers common questions, and clears up important rules you should know.
This process is also commonly searched as How do I get my money out of Robinhood?, and the steps above apply to both desktop and mobile users.
Robinhood supports withdrawals to checking and savings accounts in your name.
This is often searched as How to withdraw money from Robinhood to bank account, and the key requirements are:
Whether you’re cashing out profits or closing your account, following the steps above ensures a hassle-free experience.
How Do I Withdraw Money from Robinhood?
To withdraw money from Robinhood, follow these simple steps:- Open the Robinhood app
- Tap the Menu (☰) icon
- Select Transfers
- Tap Transfer to Your Bank
- Enter the amount you want to withdraw
- Choose your linked bank account
- Confirm the transfer
Can I Withdraw Money to My Bank Account?
Yes, you can withdraw money directly to your linked bank account.Robinhood supports withdrawals to checking and savings accounts in your name.
This is often searched as How to withdraw money from Robinhood to bank account, and the key requirements are:
- Your bank account must be linked and verified
- The cash must be fully settled
- Your account must not have restrictions or holds
How Long Does a Robinhood Withdrawal Take?
A standard Robinhood withdrawal usually takes:- 1–3 business days for standard bank transfers
- Same day or next business day for instant transfers (if eligible)
- Funds from stock or ETF sales require a T+1 settlement period
- Crypto sales may take longer to become withdrawable
- Weekends and holidays can delay processing
Is There a Minimum or Maximum Withdrawal Limit?
Yes, Robinhood has withdrawal limits.
Robinhood Withdrawal Limit
- Daily withdrawal limit: Up to $50,000 per day
- Limits may vary based on account status and verification
Robinhood Withdrawal Fees: What You Should Know
Many users worry about Robinhood withdrawal fees, but here’s the good news:- Standard bank withdrawals are free
- Instant withdrawals may include small fees, depending on your account type
- Wire transfers may have additional costs
Can You Transfer Crypto from Robinhood to Coinbase?
This is a common question: can you transfer crypto from Robinhood to Coinbase?- Robinhood allows crypto transfers only for supported cryptocurrencies
- You must enable crypto transfers and complete identity verification
- Transfers are sent to an external crypto wallet or exchange like Coinbase
Common Reasons You Can’t Withdraw Money
If you’re unable to withdraw funds, it may be due to:- Unsettled trades
- Pending deposits
- Account restrictions
- Bank account not verified
- Open margin or negative balance
Final Thoughts
Withdrawing money from Robinhood is straightforward once you understand the rules. By linking a bank account, waiting for settlement, and staying within the Robinhood withdrawal limit, you can transfer your money smoothly and without fees in most cases.Whether you’re cashing out profits or closing your account, following the steps above ensures a hassle-free experience.