Are there fees for transfers?

Robinhood doesn't charge fees to deposit money into your spending or investing account, regardless of the type of account you're transferring from.

When withdrawing money from your spending or investing account, it depends on what type of account you’re transferring money to:

• Standard bank transfer: No fee for withdrawals.
• External debit card account: Withdrawals have up to a 1.75% fee based on the amount being transferred out. You’ll see the calculated fee when you initiate the withdrawal, so you’ll know the amount up front.
• Withdrawals with Instant bank transfer: Instant bank withdrawals have up to a 1.75% fee deducted from the requested amount at the time of each withdrawal.

Review Robinhood’s fee schedule and the Robinhood Money Spending Account agreement for more details.