Before you begin
If you’re linking a bank account, we recommend linking a checking account rather than a savings account to avoid potential transfer reversals.
You can also link an external debit card account for instant transfers to your Robinhood brokerage or spending account. Keep in mind, instant transfers with your debit card are different from Instant Deposits. The Instant Deposits feature allows you to get up to $1,000 in your Robinhood brokerage account immediately after you initiate a transfer from an external bank account only.
Most banks you do business with make it easy to link your bank account in the app. If you don’t see your bank or credit union listed, you’ll need to verify your account manually.*
To link a major bank in your iOS or Android app:
- Select Account (person icon) → Menu (3 bars)
- Select Transfers → Linked Accounts → Add account
- Choose your bank from the list of major banks, or use the search bar to search for your bank
- Enter your online banking username and password
- Choose which account you'd like to link
If you can't find your bank:
- Enter the name of your bank in the search bar
- Select Checking account or Savings account
- Enter your account information
To link a bank on the web:
- Select Account
- Select Add New Account under Linked Accounts → Continue
- Choose your bank from the list of banks, or use the search bar to search for your bank
- Enter your online banking username and password
- Choose which account you'd like to link
If you can't find your bank:
- Select Don't see your bank? Search instead
- Enter the name of your bank
- Select Checking account or Savings account
If you receive the error message “Error: Please disable the added/extra security placed on the account,” you’ll need to either disable the two-factor verification setting on your bank account, or contact your bank to make sure there isn’t a problem with your online banking profile.
*You can fund your account with an individual or joint bank account. We can’t allow funding from trust or business accounts at this time. Please make sure you link the correct account type to avoid restrictions on your Robinhood account. For security purposes, we limit the number of bank accounts we can link to a single Robinhood account. We also limit the number of Robinhood accounts that a bank account can be linked to.
We encourage you to take extra care to enter this information accurately, including any leading or trailing zeroes in both the account and routing numbers.
Tip
- Savings and money market accounts are subject to regulations that limit your allotted number of transactions per month, and they don’t always offer ACH transactions.
- If you're unsure of your bank account status, please check with your bank representative to be sure your account supports ACH transfers.
- Unfortunately, we can’t accept debit cards that function as checking accounts. You’ll know it’s a valid checking account if it provides monthly statements addressed to you, the account holder.
- Make sure you have sufficient funds in your account to prevent a bank overdraft fee. We won’t be able to cover overdraft fees if the microdeposits cause them.
Microdeposits are small sums of money that are transferred online from one financial account to another to verify the account. Linking and verifying your bank account manually can be a tricky process, and you may encounter one of these errors:
- If you only see 1 microdeposit in your bank account, your bank is merging the 2 deposits together. Contact your bank or credit union to get the original amounts in chronological order.
- If you don’t see the two small transfers after 3 days, verify that your account and routing numbers are correct. If your information is correct, your bank may be denying access to your bank account. Call your bank to authorize ACH transfers.
Please don’t initiate multiple microdeposit verifications within a short period of time. This could make it difficult to determine which deposits to verify.
Once you’ve submitted your information, we’ll initiate two microdeposits to your bank account. Please allow up to 48 hours for the transfers to appear in your bank account.
Once the 2 small transfers have landed in your bank account, verify them in your app:
- Go to Account (person icon) → Transfers
- Select Linked Accounts
- Select Verify
- Enter the 2 deposit amounts
- Select Enter
Note
These 2 small transfers are for the sole purpose of verifying your bank account and will be withdrawn when they expire.
Link and verify your debit card
Link and verify your debit card
You can link a non-Robinhood Visa or Mastercard debit card to your account that allows you to make instant transfers.
Before you begin
We only support debit cards issued by a US bank in the Visa and Mastercard networks. We don't accept prepaid or credit cards. We also limit the number of cards you can link to a single account. Terms of Service and other fees may apply.
To link and verify your debit card in the app or on the web:
- Go to Account (person icon)
- Select Transfers → Linked accounts → Add account
- Select Debit card
- Enter your card information
- Tap Link card
Next, we'll temporarily charge $1.95 to your bank to confirm your debit card. We remove this charge after your card is successfully verified.
- Check your bank account (this charge typically appears in a few minutes, but may take longer depending on your bank)
- Find the $1.95 charge with RH* followed by a 6-digit code on your statement
- Copy the 6-digit code, return to the Robinhood app, and select Continue
- Enter the code and select Confirm
You'll receive confirmation in the app when your card is successfully verified and ready to use.
Note
Don't share your 6-digit code with anyone.
If you choose to do this later, you can verify it in Linked accounts. Keep in mind, the 6-digit code expires 3 days after you begin the verification process. If you don't complete the verification process and the code expires, the temporary $1.95 charge is automatically removed from your account.
This charge will always have RH* in the description. The rest of the description may look different depending on your bank.
Why can't I find my verification code?
Why can't I find my verification code?
Why can’t I find my verification code?
If you haven’t received your verification code from your bank after 24 hours, it might be for one of the following reasons:
- If you bank with Bank of America, your code may appear differently and take over 24 hours to go through.
- Your bank might flag the charge and require additional verification when an automatic charge goes through. Contact your bank and let them know you initiated this authorization from Robinhood.
- You might have insufficient funds in your account that prevents the charge from going through. Make sure you have an account balance of at least $1.95 before trying again.
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Still have questions? Contact Robinhood Support
FAQs
Linking bank accounts enables you to transfer funds between two accounts. Having linked accounts can prove useful when you want to pay bills or add money to your savings. To help ensure it's safe to link your accounts, banks use measures such as encrypting data and requiring users to verify their identity.
Can I link my account to another account? ›
Linking bank accounts enables you to transfer funds between two accounts. Having linked accounts can prove useful when you want to pay bills or add money to your savings. To help ensure it's safe to link your accounts, banks use measures such as encrypting data and requiring users to verify their identity.
What app can I send money with routing and account number? ›
If you want to make instant transfers with routing and account numbers without verification, you can rely on money transfer apps such as Zelle, Wise, PayPal, or other digital banking services. These apps make it easy to move money fast using your routing and account numbers.
Should I link my bank account to Robinhood? ›
Yes, it's fairly safe to enter your bank account login info in the Robinhood app. Many people are alarmed that Robinhood asks for your bank login info when you attempt to link a bank account, and they wonder if it's safe to give Robinhood this information. The information, however, is not being requested by Robinhood.
How do I get money out of my Robinhood account? ›
To withdraw money from Robinhood to your bank account, simply follow these steps: Open the app, go to the menu, select “Transfers,” choose “Transfer to Your Bank,” enter the amount you wish to withdraw, review the details, and confirm.
What is the purpose of a linked account? ›
A linked savings account is a savings account that is connected to another account such as a checking or negotiable order of withdrawal (NOW) account. Generally, linked savings accounts are held at the same bank as the customer's other accounts, making it easier to transfer funds between accounts.
What happens if you link bank accounts? ›
Linking your bank accounts allows you to easily transfer money between them. For example, you could transfer funds from your savings to checking to pay bills or move money into savings to earn a higher interest rate.
What can I buy online with account and routing number? ›
Online Stores That Accept Routing and Account Numbers for Payment
- Amazon. Amazon is the world's largest online retailer and accepts payments with checking account numbers. ...
- Walmart. Walmart, a multinational retailer, allows customers to pay with their checking account numbers. ...
- Microsoft Store. ...
- Overstock.com. ...
- Best Buy. ...
- Target.
Log in to your online banking account or mobile banking app. Choose Wire Transfer. Enter the routing number and account number for your new bank. Enter the amount you want to transfer.
Can I transfer money with just my routing and account number? ›
Can you send money with a routing and account number? Yes. Routing and account numbers are important in the process of sending payments in the US. A routing number is used so the sending bank knows which financial institution the recipient's account is held by, and the account number is unique to that account.
- Step 1: Login to your account, click My Account > click Link you bank.
- Step 2: From here you will see three option to connect, click Manually enter bank account info.
- Step 3: After reading how Arrived Homes uses Plaid, please click Continue.
According to its website, Plaid is certified in internationally recognized security standards, like ISO 27001, ISO 27701, and is SSAE18 SOC2 compliant. Once you have used Plaid to authenticate your bank information, the connection is in place and can be used to transfer the financial information that you authorize.
How do I enable instant deposit on cash App? ›
Once you have a debit card linked, you can enable instant deposit by following these steps:
- Open the Cash App app.
- Tap the Banking tab.
- Tap Instant Deposit.
- Tap Enable Instant Deposit.
- Review the terms and conditions and tap Agree.
If you sell your free stock before the 30 days, you won't be able to access those funds in your withdrawable cash. After the 30-day window, there are no restrictions on the proceeds. Check your History for the stock's value.
Why won t Robinhood let me withdraw? ›
SEC regulations mandate a two-day settlement period after a stock's sale. Your funds still need to be cleared for withdrawal. There may be a waiting period for recent deposits or bonuses. How to maximize your Robinhood Portfolio?
Why is my cash not withdrawable on Robinhood? ›
Why can't I withdraw money from Robinhood? You probably can't withdraw money from Robinhood because your funds are unsettled. You can only withdraw “settled funds”, money that hasn't been transacted with in the last 2 business days. This is known as Robinhood Withdrawable Cash.
Can you link two accounts to one switch? ›
No. We are not able to combine two different Nintendo Accounts together into one. Please note that you can link up to 8 Nintendo Accounts to a single Nintendo Switch console.
Can I link my Gmail to another account? ›
Link your address to Gmail
On your computer, open Gmail. See all settings. Click the Accounts and Import or Accounts tab. In the "Check mail from other accounts" section, click Add a mail account.
Can you merge two bank accounts? ›
Keep the process simple if you and your spouse already have accounts at the same bank. You'll both have to show up with valid ID. Then you can close one spouse's accounts completely, transfer their money to the other spouse's accounts, and add their name. Or you can open new ones with both spouses as account holders.
