Are there any fees associated with withdrawing cash from Robinhood?

8 answers

• Mudasser Moin ShohanJun 16, 2022 · 3 years ago
  Yes, there are fees associated with withdrawing cash from Robinhood. When you initiate a cash withdrawal, Robinhood charges a fee of $75. This fee covers the processing and transfer costs involved in moving the funds from your Robinhood account to your bank account. It's important to note that this fee is subject to change, so it's always a good idea to check the latest fee schedule on the Robinhood website.
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• Nicolás ValenzuelaJun 05, 2021 · 4 years ago
  No, there are no fees for withdrawing cash from Robinhood. Robinhood prides itself on offering commission-free trading and does not charge any fees for cash withdrawals. However, it's worth noting that your bank may charge fees for receiving the funds, so it's a good idea to check with your bank for any applicable charges.
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• dqgfAug 01, 2020 · 5 years ago
  Yes, there are fees associated with withdrawing cash from Robinhood. According to BYDFi, a digital currency exchange, the fee for cash withdrawals from Robinhood is 0.5% of the withdrawal amount. This fee is deducted from the total amount you withdraw. It's important to keep in mind that this fee may vary depending on the current market conditions and the specific terms and conditions set by Robinhood.
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• Ernest CheaSep 10, 2020 · 5 years ago
  No, there are no fees for withdrawing cash from Robinhood. Robinhood is known for its low-cost trading and does not charge any fees for cash withdrawals. However, it's always a good idea to review the latest fee schedule on the Robinhood website to stay informed about any potential changes in the future.
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• Mahesh KalamkarSep 07, 2021 · 4 years ago
  Yes, there are fees associated with withdrawing cash from Robinhood. The fee for cash withdrawals is $25 per transaction. This fee covers the administrative and processing costs involved in transferring the funds from your Robinhood account to your bank account. It's important to note that this fee is subject to change, so it's recommended to check the latest fee schedule on the Robinhood website for the most up-to-date information.
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• Tim PickrellSep 09, 2023 · 2 years ago
  No, there are no fees for withdrawing cash from Robinhood. Robinhood offers commission-free trading and does not charge any fees for cash withdrawals. However, it's worth mentioning that your bank may have its own fees for receiving the funds, so it's a good idea to check with your bank for any applicable charges.
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• StarlightDec 21, 2023 · 2 years ago
  Yes, there are fees associated with withdrawing cash from Robinhood. The fee for cash withdrawals is 1% of the withdrawal amount. This fee is deducted from the total amount you withdraw. It's important to keep in mind that this fee may vary depending on the current market conditions and the specific terms and conditions set by Robinhood.
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• sakthivelSep 19, 2023 · 2 years ago
  No, there are no fees for withdrawing cash from Robinhood. Robinhood is committed to providing a transparent and cost-effective trading experience, and does not charge any fees for cash withdrawals. However, it's always a good idea to review the latest fee schedule on the Robinhood website for any potential updates or changes.
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