diff --git a/src/components/TabSelector/TabIcon.js b/src/components/TabSelector/TabIcon.js
new file mode 100644
index 000000000000..dae8d6057d3f
--- /dev/null
+++ b/src/components/TabSelector/TabIcon.js
@@ -0,0 +1,47 @@
+import {StyleSheet, View, Animated} from 'react-native';
+import React from 'react';
+import PropTypes from 'prop-types';
+import Icon from '../Icon';
+import themeColors from '../../styles/themes/default';
+
+const propTypes = {
+    /** Icon to display on tab */
+    icon: PropTypes.func,
+
+    /** Animated opacity value while the label is inactive state */
+    inactiveOpacity: PropTypes.number,
+
+    /** Animated opacity value while the label is in active state */
+    activeOpacity: PropTypes.number,
+};
+
+const defaultProps = {
+    icon: '',
+    inactiveOpacity: 1,
+    activeOpacity: 0,
+};
+
+function TabIcon({icon, activeOpacity, inactiveOpacity}) {
+    return (
+        <View>
+            <Animated.View style={{opacity: inactiveOpacity}}>
+                <Icon
+                    src={icon}
+                    fill={themeColors.icon}
+                />
+            </Animated.View>
+            <Animated.View style={[StyleSheet.absoluteFill, {opacity: activeOpacity}]}>
+                <Icon
+                    src={icon}
+                    fill={themeColors.iconMenu}
+                />
+            </Animated.View>
+        </View>
+    );
+}
+
+TabIcon.propTypes = propTypes;
+TabIcon.defaultProps = defaultProps;
+TabIcon.displayName = 'TabIcon';
+
+export default TabIcon;
diff --git a/src/components/TabSelector/TabLabel.js b/src/components/TabSelector/TabLabel.js
new file mode 100644
index 000000000000..890286b2ee1d
--- /dev/null
+++ b/src/components/TabSelector/TabLabel.js
@@ -0,0 +1,40 @@
+import {StyleSheet, View, Text, Animated} from 'react-native';
+import React from 'react';
+import PropTypes from 'prop-types';
+import styles from '../../styles/styles';
+
+const propTypes = {
+    /** Title of the tab */
+    title: PropTypes.string,
+
+    /** Animated opacity value while the label is inactive state */
+    inactiveOpacity: PropTypes.number,
+
+    /** Animated opacity value while the label is in active state */
+    activeOpacity: PropTypes.number,
+};
+
+const defaultProps = {
+    title: '',
+    inactiveOpacity: 1,
+    activeOpacity: 0,
+};
+
+function TabLabel({title, activeOpacity, inactiveOpacity}) {
+    return (
+        <View>
+            <Animated.View style={[{opacity: activeOpacity}]}>
+                <Text style={styles.tabText(true)}>{title}</Text>
+            </Animated.View>
+            <Animated.View style={[StyleSheet.absoluteFill, {opacity: inactiveOpacity}]}>
+                <Text style={styles.tabText(false)}>{title}</Text>
+            </Animated.View>
+        </View>
+    );
+}
+
+TabLabel.propTypes = propTypes;
+TabLabel.defaultProps = defaultProps;
+TabLabel.displayName = 'TabLabel';
+
+export default TabLabel;
diff --git a/src/components/TabSelector/TabSelector.js b/src/components/TabSelector/TabSelector.js
index 5383253c417b..d50744682027 100644
--- a/src/components/TabSelector/TabSelector.js
+++ b/src/components/TabSelector/TabSelector.js
@@ -7,6 +7,7 @@ import TabSelectorItem from './TabSelectorItem';
 import CONST from '../../CONST';
 import useLocalize from '../../hooks/useLocalize';
 import styles from '../../styles/styles';
+import themeColors from '../../styles/themes/default';
 
 const propTypes = {
     /* Navigation state provided by React Navigation */
@@ -21,10 +22,18 @@ const propTypes = {
 
     /* Callback fired when tab is pressed */
     onTabPress: PropTypes.func,
+
+    /* AnimatedValue for the position of the screen while swiping */
+    position: PropTypes.shape({
+        interpolate: PropTypes.func.isRequired,
+    }),
 };
 
 const defaultProps = {
     onTabPress: () => {},
+    position: {
+        interpolate: () => {},
+    },
 };
 
 const getIcon = (route) => {
@@ -49,12 +58,44 @@ const getTitle = (route, translate) => {
     }
 };
 
-function TabSelector({state, navigation, onTabPress}) {
+const getOpacity = (position, routesLength, tabIndex, active) => {
+    const activeValue = active ? 1 : 0;
+    const inactiveValue = active ? 0 : 1;
+
+    if (routesLength > 1) {
+        const inputRange = Array.from({length: routesLength}, (v, i) => i);
+
+        return position.interpolate({
+            inputRange,
+            outputRange: _.map(inputRange, (i) => (i === tabIndex ? activeValue : inactiveValue)),
+        });
+    }
+    return activeValue;
+};
+
+const getBackgroundColor = (position, routesLength, tabIndex) => {
+    if (routesLength > 1) {
+        const inputRange = Array.from({length: routesLength}, (v, i) => i);
+
+        return position.interpolate({
+            inputRange,
+            outputRange: _.map(inputRange, (i) => (i === tabIndex ? themeColors.midtone : themeColors.appBG)),
+        });
+    }
+    return themeColors.midtone;
+};
+
+function TabSelector({state, navigation, onTabPress, position}) {
     const {translate} = useLocalize();
+
     return (
         <View style={styles.tabSelector}>
             {_.map(state.routes, (route, index) => {
-                const isFocused = state.index === index;
+                const activeOpacity = getOpacity(position, state.routes.length, index, true);
+                const inactiveOpacity = getOpacity(position, state.routes.length, index, false);
+                const backgroundColor = getBackgroundColor(position, state.routes.length, index);
+
+                const isFocused = index === state.index;
 
                 const onPress = () => {
                     const event = navigation.emit({
@@ -73,11 +114,13 @@ function TabSelector({state, navigation, onTabPress}) {
 
                 return (
                     <TabSelectorItem
-                        isSelected={isFocused}
                         key={route.name}
                         title={getTitle(route.name, translate)}
                         icon={getIcon(route.name)}
                         onPress={onPress}
+                        activeOpacity={activeOpacity}
+                        inactiveOpacity={inactiveOpacity}
+                        backgroundColor={backgroundColor}
                     />
                 );
             })}
diff --git a/src/components/TabSelector/TabSelectorItem.js b/src/components/TabSelector/TabSelectorItem.js
index cea59bc2ee65..6f96c5ef5d0a 100644
--- a/src/components/TabSelector/TabSelectorItem.js
+++ b/src/components/TabSelector/TabSelectorItem.js
@@ -1,10 +1,10 @@
-import {Text} from 'react-native';
+import {Animated} from 'react-native';
 import React from 'react';
 import PropTypes from 'prop-types';
-import Icon from '../Icon';
-import themeColors from '../../styles/themes/default';
 import styles from '../../styles/styles';
 import PressableWithFeedback from '../Pressable/PressableWithFeedback';
+import TabIcon from './TabIcon';
+import TabLabel from './TabLabel';
 
 const propTypes = {
     /** Function to call when onPress */
@@ -13,34 +13,50 @@ const propTypes = {
     /** Icon to display on tab */
     icon: PropTypes.func,
 
-    /** True if tab is the selected item */
-    isSelected: PropTypes.bool,
-
     /** Title of the tab */
     title: PropTypes.string,
+
+    /** Animated background color value for the tab button */
+    // eslint-disable-next-line
+    backgroundColor: PropTypes.any,
+
+    /** Animated opacity value while the label is inactive state */
+    inactiveOpacity: PropTypes.number,
+
+    /** Animated opacity value while the label is in active state */
+    activeOpacity: PropTypes.number,
 };
 
 const defaultProps = {
     onPress: () => {},
     icon: () => {},
-    isSelected: false,
     title: '',
+    backgroundColor: '',
+    inactiveOpacity: 1,
+    activeOpacity: 0,
 };
 
-function TabSelectorItem(props) {
+const AnimatedPressableWithFeedback = Animated.createAnimatedComponent(PressableWithFeedback);
+
+function TabSelectorItem({icon, title, onPress, backgroundColor, activeOpacity, inactiveOpacity}) {
     return (
-        <PressableWithFeedback
-            accessibilityLabel={props.title}
-            style={[styles.tabSelectorButton(props.isSelected)]}
+        <AnimatedPressableWithFeedback
+            accessibilityLabel={title}
+            style={[styles.tabSelectorButton, {backgroundColor}]}
             wrapperStyle={[styles.flex1]}
-            onPress={props.onPress}
+            onPress={onPress}
         >
-            <Icon
-                src={props.icon}
-                fill={props.isSelected ? themeColors.iconMenu : themeColors.icon}
+            <TabIcon
+                icon={icon}
+                activeOpacity={activeOpacity}
+                inactiveOpacity={inactiveOpacity}
+            />
+            <TabLabel
+                title={title}
+                activeOpacity={activeOpacity}
+                inactiveOpacity={inactiveOpacity}
             />
-            <Text style={styles.tabText(props.isSelected)}>{props.title}</Text>
-        </PressableWithFeedback>
+        </AnimatedPressableWithFeedback>
     );
 }
 
diff --git a/src/pages/iou/MoneyRequestSelectorPage.js b/src/pages/iou/MoneyRequestSelectorPage.js
index 922db11ee702..03ea45b204fa 100644
--- a/src/pages/iou/MoneyRequestSelectorPage.js
+++ b/src/pages/iou/MoneyRequestSelectorPage.js
@@ -75,11 +75,12 @@ function MoneyRequestSelectorPage(props) {
                             {(canUseScanReceipts || canUseDistanceRequests) && iouType === CONST.IOU.MONEY_REQUEST_TYPE.REQUEST ? (
                                 <OnyxTabNavigator
                                     id={CONST.TAB.RECEIPT_TAB_ID}
-                                    tabBar={({state, navigation}) => (
+                                    tabBar={({state, navigation, position}) => (
                                         <TabSelector
                                             state={state}
                                             navigation={navigation}
                                             onTabPress={resetMoneyRequestInfo}
+                                            position={position}
                                         />
                                     )}
                                 >
diff --git a/src/styles/styles.js b/src/styles/styles.js
index 6b8799e2065e..d4fc1073bc46 100644
--- a/src/styles/styles.js
+++ b/src/styles/styles.js
@@ -3673,15 +3673,14 @@ const styles = {
         height: 450,
     },
 
-    tabSelectorButton: (isSelected) => ({
+    tabSelectorButton: {
         height: 40,
         padding: 12,
         flexDirection: 'row',
         alignItems: 'center',
         justifyContent: 'center',
         borderRadius: variables.buttonBorderRadius,
-        backgroundColor: isSelected ? themeColors.midtone : themeColors.appBG,
-    }),
+    },
 
     tabSelector: {
         flexDirection: 'row',