diff --git a/src/components/ReportActionItem/MoneyRequestPreview.js b/src/components/ReportActionItem/MoneyRequestPreview.js
index 07aba132be0e..ea0e2d3a489b 100644
--- a/src/components/ReportActionItem/MoneyRequestPreview.js
+++ b/src/components/ReportActionItem/MoneyRequestPreview.js
@@ -282,7 +282,7 @@ function MoneyRequestPreview(props) {
{getPreviewHeaderText() + (isSettled ? ` • ${getSettledMessage()}` : '')}
- {hasFieldErrors && (
+ {!isSettled && hasFieldErrors && (
{getPreviewMessage()}
- {hasErrors && (
+ {!iouSettled && hasErrors && (