Transfers

You can transfer money in or out of your Robinhood spending account to your bank or other Robinhood accounts.

You can link a bank account to your app and fund your spending account by transferring funds from your bank account. These funds appear as Pending in your History until the funds clear in up to 5 business days.

As a Robinhood customer, you can also set up direct deposit of your paycheck into your spending account, or use your ACH account number and routing number to move funds from an external bank account.

You can transfer money to a linked bank account from your spending account:

1. Select Spending (dollar icon)→ Transfer
2. Select the external bank account to transfer to
3. Enter the amount and submit it

Transfers will take 3–5 business days to complete.

To link your spending account with other accounts, you’ll need your ACH account number and routing number. The ACH account number is your spending account number with a prefix. The routing number identifies the financial institution. To find your ACH account number and routing number in your app by going to Spending (dollar icon)→ Settings → Account & Routing Numbers.

Since your routing number is provided by JPMorgan, transfers to and from your spending account may appear as transfers to and from JPMorgan in your transaction history at other institutions.

You can transfer money instantly between your spending and your individual investing accounts to use immediately. Any available money in your spending account and your withdrawable cash balance in your individual investing account is available for instant transfers between Robinhood accounts.

1. Select Spending → Transfer
2. Enter the transfer amount
3. Select your spending or individual investing account to transfer from
4. Select your spending or individual investing account to transfer to
5. Review the transfer
6. Select Transfer to complete your transfer

Your spending account is offered through Robinhood Money, LLC ("RHY") (NMLS ID: 1990968), a licensed money transmitter. RHY is not a bank. The Robinhood Cash Card is a prepaid card issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard®.

ATM fees and other fees may apply. Review the Robinhood Cash Card Agreement and the Robinhood Spending Account Agreement.