Move Money
Note
Cash Management is no longer accepting new customers at this time.
Transfers
How do I transfer money to Robinhood?
You can link a bank account to your app and fund your account by transferring funds from your bank account. These funds appear as Pending in your History until the funds clear in up to five business days.
Cash Management customers can also direct deposit their paycheck into their individual investing account, or use their ACH account number and routing number to move funds from an external bank account.
How do I transfer money to my bank?
You can transfer money to a pre-linked bank account. To transfer funds to your bank from your individual investing account:
- Go into your Cash tab
- Tap Transfer
- Tap Transferto Your Bank
- Select the external bank account you want to move funds to
- Input the amount you want to transfer to your bank
Transfers will take 3–5 business days to complete.
How do I link Robinhood with other accounts?
To link your individual investing account with other accounts, you’ll need your ACH account number and routing number. The ACH account number is your individual investing account number with a prefix. The routing number identifies the financial institution. You can find your ACH account number and routing number in your app by tapping the Transfer button under the Cash tab.
Since your routing number is provided by Sutton Bank, transfers to and from your individual investing accountmay appear as transfers to and from Sutton Bank in your transaction history at other institutions.
Please note: Wire transfers are not supported through your routing and ACH account numbers.
Direct Deposit
You can set up your direct deposit one of three different ways.How do I set up direct deposit?
Online through employer or payroll provider You can set up your direct deposit online through your company’s or payroll provider’s website with your account information.
App
Web
Online directly through Robinhood You can set up your direct deposit online directly through Robinhood by logging into your employer or payroll provider’s website from the Robinhood app.
App
Web
Manually with a pre-filled form You can set up your direct deposit manually by submitting a pre-filled form to your human resources team.
App
Tap the Cash tab Tap Transfer Tap Set up direct deposit Tap Continue Tap the X Tap Yes Tap Get a pre-filled form Tap Continue Confirm your employer. Tap Continue if the employer displayed is correct. If you need to update your employer, tap Update your employer, enter the name of your new employer and tap Continue. You can choose to update your account with your new employer. Choose your desired deposit amount. You can choose to have your entire paycheck deposited or just a portion. If you choose a portion of your paycheck, make sure to first check with your employer to see if this option is supported. (Please note that if you select to have a portion of your paycheck deposited and it’s not supported by your employer, you won’t be eligible for this feature.) If supported, you can choose Specific dollar amount or Percentage and tap Continue. If you choose a specific dollar amount or percentage, enter the exact amount or percentage of your paycheck you’d like to direct deposit and tap Continue. Review your direct deposit info that will be used to fill in your direct deposit form. After you review, tap Sign the form. Sign the form by using your finger or stylus on your phone screen. If you need to re-sign, tap the X to clear the signature field. If you’re happy with your signature, tap the checkmark. Review your direct deposit info with your signature. If all of the information is correct, tap Send me the form and a link to securely download your pre-filled form will be emailed to the email address associated with your account and sent to your Messages.
Web
If you set up your direct deposit online directly through Robinhood, your paycheck should be deposited into your individual investing account on your next pay cycle. If you set it up online through your employer or payroll provider, or if you set it up manually with a pre-filled form, it can take up to 1-2 pay cycles for your paycheck to be deposited into your individual investment account. We work with a partner bank to process your direct deposit, so these funds are received by the bank. Once our partner bank confirms receipt of your direct deposit, we’re then able to credit your individual investment account. You can expect this to happen around 10 AM ET on the day your direct deposit lands. If you change your mind, you can cancel your direct deposit by either going to your employer’s site or by submitting a form requesting the change to your employer’s HR or payroll team. You’ll have to ask your employer to switch to direct deposit for your paychecks. Simply submit the pre-filled form and direct deposit should be set up in 1–2 pay cycles (approximately 2–4 weeks).How long does it take for direct deposit to take effect?
When will my paycheck be deposited?
How do I cancel direct deposit?
What if I receive paper checks from my work?
ATMs
Where can I find in-network ATMs?
Our 75,000+ in-network ATMs (ATMs in the Allpoint or MoneyPass networks) are located across all 50 U.S. states, Puerto Rico, and the U.S. Virgin Islands, as well as 15,000+ international locations. You can easily search for your nearest location in the app or drop into your local 7-11, Target, Walgreens, or Costco.
Once you have access to Cash Management, you can use the Find ATMs section in your app to find the nearest withdrawal and/or cash-back locations where you won't pay any fees.
To find an in-network ATM near you:
- Go to theCash tab of the app
- Scroll to the bottom of the page
- Tap See Nearby ATMs
Note: You’ll need to enable location permissions to use the ATM Finder.
Until you have access to Cash Management, you can search for ATMs through the Allpoint and MoneyPass ATM finders:
How much does an out-of-network ATM cost?
Using an ATM machine outside of the Allpoint or MoneyPass networks may incur a fee set by the ATM operator. Out-of-network fees may vary in amount, and will be added to the total withdrawal amount that you see in your app history.
To avoid being charged, be sure to use the Find ATMs section in your app to find the nearest in-network ATM.
Limits
Withdrawal and Deposit Limits
The limits below are for the Cash Management debit card. See this article for debit card and ATM limits for the Robinhood Cash Card and spending account.
| Type | Daily Limit | Weekly Limit | Monthly Limit |
| Originated ACH Deposits & Withdrawals | $50,000 | N/A | N/A |
| Non-Originated ACH Deposits & Withdrawals | $250,000 | N/A | N/A |
| MoneySend Deposits | N/A | $2,999 | N/A |
| ATM Withdrawals | $1,010 | N/A | $5,000 |
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