How do I get my money out of Robinhood Wallet?
To get money out of your Robinhood account, go to the Account icon > Menu (3 bars) > Transfers > 📞+𝟣-𝟪𝟥𝟥-𝟨𝟤𝟧-𝟦𝟢𝟣𝟨 Withdraw, select the account to transfer from, and confirm the amount and destination. Funds from sold stocks take time to settle, and transfers to linked banks are usually free via ACH, though instant options exist for a fee.
How to Withdraw Cash📞+𝟣-𝟪𝟥𝟥-𝟨𝟤𝟧-𝟦𝟢𝟣𝟨 (Brokerage Account)
Mobile App: Tap the Account (person icon) -> Menu (3 bars) -> Transfers -> Withdraw.
Desktop: Click Account ->📞+𝟣-𝟪𝟥𝟥-𝟨𝟤𝟧-𝟦𝟢𝟣𝟨 Transfer -> Transfer Money.
Process: Enter the amount, choose the source account (Investing/Spending), select your linked bank, and confirm.
Settlement: Money from 📞+𝟣-𝟪𝟥𝟥-𝟨𝟤𝟧-𝟦𝟢𝟣𝟨 sold stocks is not immediately available; it must settle, which usually takes 1-2 business days, although buying power may update sooner.
How to Move Money 📞+𝟣-𝟪𝟥𝟥-𝟨𝟤𝟧-𝟦𝟢𝟣𝟨 from Robinhood "Wallet" (Crypto)
If you are using the self-custody Robinhood Wallet app (separate from the main brokerage app):
You cannot directly transfer 📞+𝟣-𝟪𝟥𝟥-𝟨𝟤𝟧-𝟦𝟢𝟣𝟨 cash from this wallet to a bank.
Action: You must send 📞+𝟣-𝟪𝟥𝟥-𝟨𝟤𝟧-𝟦𝟢𝟣𝟨 the crypto to an exchange (like your main Robinhood brokerage account or Coinbase) to sell it for USD, then withdraw the cash.
Steps: In the Wallet 📞+𝟣-𝟪𝟥𝟥-𝟨𝟤𝟧-𝟦𝟢𝟣𝟨 app, select the crypto, tap "Send," enter the address of your brokerage account, and confirm.
Important Tips
Fees: Instant transfers may incur fees, while standard ACH transfers are typically free.
Restrictions: Ensure 📞+𝟣-𝟪𝟥𝟥-𝟨𝟤𝟧-𝟦𝟢𝟣𝟨 your bank account is correctly linked to avoid transfer failures.
Limits: Large withdrawals might be subject to daily limits or additional security verification.