How Do I Cancel My Robinhood Credit Card?

If you want to know how to cancel your Robinhood credit card, look no further. All the answers you seek and more are right here in this article.

Canceling Your Robinhood Credit Card

To cancel your Robinhood credit card, you need to close your Robinhood account. You can close your Robinhood account right from the mobile app. After your account is closed, you can still view some of your information such as trade confirmations, historical account statements, tax documents, and more.

How to Close Your Account with Robinhood

To close your Robinhood positions using the mobile app, do the following:

1. Tap the "Account Person," icon.
2. Tap "Settings."
3. Tap "Account Information."
4. Scroll down and tap, "Deactivate Account."
5. Follow the next steps to withdraw your account balance after closing your positions.
6. Once your positions are closed and your balance is at $0.00, you can confirm your request to deactivate your Robinhood account.

If you require any further assistance when trying to deactivate your Robinhood account, click here to speak to a representative.

To Unlink A Bank Account From Robinhood

Note: To avoid possible transfer reversals, Robinhood recommends linking checking accounts rather than savings accounts.

Using iOS to Unlink a Banking Account from Robinhood

1. Tap the "Account" icon, found at the right-hand bottom corner of the app.
2. Tap "Transfers."
3. Scroll down to the bottom and tap, "Linked Accounts."
4. Tap the bank account you would like to unlink.
5. Tap the red "Unlink" option.
6. Tap the green "Unlink" option to confirm your bank account was removed.

Using Android to Unlink a Banking Account from Robinhood

1. Tap the "Account" icon, found at the right-hand bottom corner of the app.
2. Tap "Transfers."
3. Scroll down to the bottom and tap, "Linked Accounts."
4. Tap and hold the account you would like to unlink.
5. When the "Unlink" option pops up, tap it to unlink the bank account (no further confirmation is required).

Using the Web to Unlink a Banking Account from Robinhood

1. Click "Account" located at the top right corner.
2. A menu will pop up, select "Banking."
3. Under "Linked Accounts" click the "Remove" button for the bank account you would like to unlink.

Note: Bank accounts that are under review cannot be unlinked. In this case, click here to contact a customer support agent for further assistance with unlinking your credit card from Robinhood.

How to Transfer Your Robinhood Account to a Different Brokerage

Choose the brokerage you want to transfer your account to, then submit a request to them asking that your assets are transferred from your Robinhood account to them. If you choose to transfer all of your assets to the new brokerage, your Robinhood account will be automatically closed.

Finding Your Account Records

Once your account with Robinhood is closed, you can still use the mobile app to retrieve your trade confirmations, historical account statements, tax documents, and more.

Note: You cannot reactivate your account by downloading and installing the mobile app again, but you can get some records since regulations require them to retain certain records and books. Robinhood takes the security of your personal data they collected extremely seriously, as they don't intend on using your data for anything else but to fulfill the regulatory requirements.