Deposit money into your Robinhood account
You can see your transfer history, your pending transfers, and their estimated landing dates in the Statements and History section of the Account tab.
Note: If you have more than one account on Robinhood, the "Statements and History" section of the Account tab has been renamed to the "History" section.
To initiate a deposit in the mobile app (iOS and Android):
To initiate a deposit on web:
Cash Management is no longer accepting new customers at this time. Existing users from Cash Management can sign up for the waitlist to apply for a migration to the Robinhood Spending Account.
You may receive up to $1,000 in Instant Deposits after you initiate a deposit. Although you may get access to these funds, the transfer from your bank to your Robinhood brokerage account may take up to five business days. Please make sure you have the necessary funds in your bank account for at least five business days after you initiate the ACH transfer to prevent a transfer reversal. A transfer reversal happens when a scheduled bank transfer is canceled for insufficient funds or a variety of other reasons. Check out our guide to preventing transfer reversals to learn more.
*Only available if your Instant Deposits status is in good standing. You will not get Instant Deposits in your spending account.
Deposits can take up to five business days to complete, but could be shorter depending on your transfer history with Robinhood.
Once a transfer to or from your Robinhood account has been initiated, you have until the time a transfer is processed to cancel. Once a transfer has been processed, it can no longer be canceled. Please visit our Help Center to learn more about how and when to cancel a transfer.
You can have your paycheck or government deposits like tax refunds deposited directly into your brokerage account. Find step-by-step instructions on how to set up direct deposit.
Automatic deposits allow you to set a regular, recurring deposit from your bank account to your Robinhood account. When setting up an automatic deposit, you’ll select an amount and cadence that works best for you and your investment goals.
You can set up automatic transfers into your Robinhood account on your mobile app:
To initiate an Automatic Deposit on Web:
You can only set one weekly, one biweekly, one monthly, and one quarterly automatic deposit for each ACH relationship.
Note: Right now, you cannot set up automatic deposits into your spending account.