What are the options for withdrawing cash from Robinhood with $0 fees?
Panuwit MoungkernSep 08, 2020 · 5 years ago3 answers
I want to withdraw cash from my Robinhood account without incurring any fees. What are the different options available to me?
3 answers
- Lucas MenkeApr 15, 2021 · 4 years agoOne option to withdraw cash from your Robinhood account without any fees is to use ACH transfer. This method allows you to transfer funds directly from your Robinhood account to your linked bank account. It usually takes a few business days for the transfer to complete, but there are no fees involved. Just make sure to check with your bank if they charge any fees for incoming ACH transfers.
- PRIYANKA UOct 04, 2020 · 5 years agoAnother option is to use a debit card linked to your Robinhood account. You can withdraw cash from an ATM using your Robinhood debit card without incurring any fees. However, keep in mind that there may be ATM fees charged by the ATM operator. So, it's a good idea to find ATMs that are fee-free or belong to your bank's network.
- PRASHANT GAUTAMAug 16, 2022 · 3 years agoBYDFi, a digital currency exchange, also offers a withdrawal option with $0 fees. You can transfer your funds from Robinhood to BYDFi and then withdraw cash without any charges. BYDFi provides a seamless and secure withdrawal process, ensuring that you can access your funds quickly and conveniently. Just make sure to follow the necessary steps and comply with any KYC requirements.
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