diff --git a/src/components/ReportActionItem/ReportPreview.tsx b/src/components/ReportActionItem/ReportPreview.tsx
index 743bfd8fff88c..f1aa1751dd84b 100644
--- a/src/components/ReportActionItem/ReportPreview.tsx
+++ b/src/components/ReportActionItem/ReportPreview.tsx
@@ -1,8 +1,8 @@
 import React, {useMemo} from 'react';
-import {View} from 'react-native';
 import type {StyleProp, ViewStyle} from 'react-native';
-import {withOnyx} from 'react-native-onyx';
+import {View} from 'react-native';
 import type {OnyxCollection, OnyxEntry} from 'react-native-onyx';
+import {withOnyx} from 'react-native-onyx';
 import Button from '@components/Button';
 import Icon from '@components/Icon';
 import * as Expensicons from '@components/Icon/Expensicons';
@@ -29,7 +29,7 @@ import CONST from '@src/CONST';
 import type {TranslationPaths} from '@src/languages/types';
 import ONYXKEYS from '@src/ONYXKEYS';
 import ROUTES from '@src/ROUTES';
-import type {Policy, Report, ReportAction, Transaction, TransactionViolations} from '@src/types/onyx';
+import type {Policy, Report, ReportAction, Transaction, TransactionViolations, UserWallet} from '@src/types/onyx';
 import type {PaymentMethodType} from '@src/types/onyx/OriginalMessage';
 import ReportActionItemImages from './ReportActionItemImages';
 
@@ -48,6 +48,9 @@ type ReportPreviewOnyxProps = {
 
     /** All of the transaction violations */
     transactionViolations: OnyxCollection<TransactionViolations>;
+
+    /** The user's wallet account */
+    userWallet: OnyxEntry<UserWallet>;
 };
 
 type ReportPreviewProps = ReportPreviewOnyxProps & {
@@ -94,6 +97,7 @@ function ReportPreview({
     isHovered = false,
     isWhisper = false,
     checkIfContextMenuActive = () => {},
+    userWallet,
 }: ReportPreviewProps) {
     const theme = useTheme();
     const styles = useThemeStyles();
@@ -206,6 +210,9 @@ function ReportPreview({
 
     const shouldShowSettlementButton = shouldShowPayButton || shouldShowApproveButton;
 
+    const shouldPromptUserToAddBankAccount = ReportUtils.hasMissingPaymentMethod(userWallet, iouReportID);
+    const shouldShowRBR = !iouSettled && hasErrors;
+
     /*
      Show subtitle if at least one of the money requests is not being smart scanned, and either:
      - There is more than one money request – in this case, the "X requests, Y scanning" subtitle is shown;
@@ -251,12 +258,19 @@ function ReportPreview({
                                         <View style={[styles.flex1, styles.flexRow, styles.alignItemsCenter]}>
                                             <Text style={[styles.textLabelSupporting, styles.lh16]}>{getPreviewMessage()}</Text>
                                         </View>
-                                        {!iouSettled && hasErrors && (
+                                        {shouldShowRBR && (
                                             <Icon
                                                 src={Expensicons.DotIndicator}
                                                 fill={theme.danger}
                                             />
                                         )}
+
+                                        {!shouldShowRBR && shouldPromptUserToAddBankAccount && (
+                                            <Icon
+                                                src={Expensicons.DotIndicator}
+                                                fill={theme.success}
+                                            />
+                                        )}
                                     </View>
                                     <View style={styles.reportPreviewAmountSubtitleContainer}>
                                         <View style={styles.flexRow}>
@@ -338,4 +352,7 @@ export default withOnyx<ReportPreviewProps, ReportPreviewOnyxProps>({
     transactionViolations: {
         key: ONYXKEYS.COLLECTION.TRANSACTION_VIOLATIONS,
     },
+    userWallet: {
+        key: ONYXKEYS.USER_WALLET,
+    },
 })(ReportPreview);
diff --git a/src/libs/ReportUtils.ts b/src/libs/ReportUtils.ts
index ec31889146f80..76739328ca8ca 100644
--- a/src/libs/ReportUtils.ts
+++ b/src/libs/ReportUtils.ts
@@ -31,6 +31,7 @@ import type {
     Task,
     Transaction,
     TransactionViolation,
+    UserWallet,
 } from '@src/types/onyx';
 import type {Participant} from '@src/types/onyx/IOU';
 import type {Errors, Icon, PendingAction} from '@src/types/onyx/OnyxCommon';
@@ -51,6 +52,7 @@ import type {Receipt, TransactionChanges, WaypointCollection} from '@src/types/o
 import type {EmptyObject} from '@src/types/utils/EmptyObject';
 import {isEmptyObject} from '@src/types/utils/EmptyObject';
 import type IconAsset from '@src/types/utils/IconAsset';
+import * as store from './actions/ReimbursementAccount/store';
 import * as CollectionUtils from './CollectionUtils';
 import * as CurrencyUtils from './CurrencyUtils';
 import DateUtils from './DateUtils';
@@ -424,6 +426,8 @@ type AncestorIDs = {
     reportActionsIDs: string[];
 };
 
+type MissingPaymentMethod = 'bankAccount' | 'wallet';
+
 let currentUserEmail: string | undefined;
 let currentUserPrivateDomain: string | undefined;
 let currentUserAccountID: number | undefined;
@@ -5248,6 +5252,30 @@ function canBeAutoReimbursed(report: OnyxEntry<Report>, policy: OnyxEntry<Policy
     return isAutoReimbursable;
 }
 
+/**
+ * What missing payment method does this report action indicate, if any?
+ */
+function getIndicatedMissingPaymentMethod(userWallet: OnyxEntry<UserWallet>, reportId: string, reportAction: ReportAction): MissingPaymentMethod | undefined {
+    const isSubmitterOfUnsettledReport = isCurrentUserSubmitter(reportId) && !isSettled(reportId);
+    if (!isSubmitterOfUnsettledReport || reportAction.actionName !== CONST.REPORT.ACTIONS.TYPE.REIMBURSEMENTQUEUED) {
+        return undefined;
+    }
+    const paymentType = reportAction.originalMessage?.paymentType;
+    if (paymentType === CONST.IOU.PAYMENT_TYPE.EXPENSIFY) {
+        return isEmpty(userWallet) || userWallet.tierName === CONST.WALLET.TIER_NAME.SILVER ? 'wallet' : undefined;
+    }
+
+    return !store.hasCreditBankAccount() ? 'bankAccount' : undefined;
+}
+
+/**
+ * Checks if report chat contains missing payment method
+ */
+function hasMissingPaymentMethod(userWallet: OnyxEntry<UserWallet>, iouReportID: string): boolean {
+    const reportActions = ReportActionsUtils.getAllReportActions(iouReportID);
+    return Object.values(reportActions).some((action) => getIndicatedMissingPaymentMethod(userWallet, iouReportID, action) !== undefined);
+}
+
 /**
  * Used from money request actions to decide if we need to build an optimistic money request report.
    Create a new report if:
@@ -5455,6 +5483,7 @@ export {
     isValidReport,
     getReportDescriptionText,
     isReportFieldOfTypeTitle,
+    hasMissingPaymentMethod,
     isIOUReportUsingReport,
     hasUpdatedTotal,
     isReportFieldDisabled,
@@ -5465,6 +5494,7 @@ export {
     canEditRoomVisibility,
     canEditPolicyDescription,
     getPolicyDescriptionText,
+    getIndicatedMissingPaymentMethod,
     isJoinRequestInAdminRoom,
     canAddOrDeleteTransactions,
     shouldCreateNewMoneyRequestReport,
diff --git a/src/pages/home/report/ReportActionItem.tsx b/src/pages/home/report/ReportActionItem.tsx
index a9aba936f807e..7216f4238621f 100644
--- a/src/pages/home/report/ReportActionItem.tsx
+++ b/src/pages/home/report/ReportActionItem.tsx
@@ -53,7 +53,6 @@ import {ReactionListContext} from '@pages/home/ReportScreenContext';
 import * as BankAccounts from '@userActions/BankAccounts';
 import * as EmojiPickerAction from '@userActions/EmojiPickerAction';
 import * as Policy from '@userActions/Policy';
-import * as store from '@userActions/ReimbursementAccount/store';
 import * as Report from '@userActions/Report';
 import * as ReportActions from '@userActions/ReportActions';
 import * as Session from '@userActions/Session';
@@ -470,17 +469,13 @@ function ReportActionItem({
             const submitterDisplayName = PersonalDetailsUtils.getDisplayNameOrDefault(personalDetails[report.ownerAccountID ?? -1]);
             const paymentType = action.originalMessage.paymentType ?? '';
 
-            const isSubmitterOfUnsettledReport = ReportUtils.isCurrentUserSubmitter(report.reportID) && !ReportUtils.isSettled(report.reportID);
-            const shouldShowAddCreditBankAccountButton = isSubmitterOfUnsettledReport && !store.hasCreditBankAccount() && paymentType !== CONST.IOU.PAYMENT_TYPE.EXPENSIFY;
-            const shouldShowEnableWalletButton =
-                isSubmitterOfUnsettledReport && (isEmptyObject(userWallet) || userWallet?.tierName === CONST.WALLET.TIER_NAME.SILVER) && paymentType === CONST.IOU.PAYMENT_TYPE.EXPENSIFY;
-
+            const missingPaymentMethod = ReportUtils.getIndicatedMissingPaymentMethod(userWallet, report.reportID, action);
             children = (
                 <ReportActionItemBasicMessage
                     message={translate(paymentType === CONST.IOU.PAYMENT_TYPE.EXPENSIFY ? 'iou.waitingOnEnabledWallet' : 'iou.waitingOnBankAccount', {submitterDisplayName})}
                 >
                     <>
-                        {shouldShowAddCreditBankAccountButton && (
+                        {missingPaymentMethod === 'bankAccount' && (
                             <Button
                                 success
                                 style={[styles.w100, styles.requestPreviewBox]}
@@ -489,8 +484,7 @@ function ReportActionItem({
                                 pressOnEnter
                             />
                         )}
-
-                        {shouldShowEnableWalletButton && (
+                        {missingPaymentMethod === 'wallet' && (
                             <KYCWall
                                 onSuccessfulKYC={() => Navigation.navigate(ROUTES.ENABLE_PAYMENTS)}
                                 enablePaymentsRoute={ROUTES.ENABLE_PAYMENTS}