diff --git a/src/components/MoneyReportHeader.tsx b/src/components/MoneyReportHeader.tsx
index c94938c3d103..3caf7a15d50e 100644
--- a/src/components/MoneyReportHeader.tsx
+++ b/src/components/MoneyReportHeader.tsx
@@ -134,7 +134,7 @@ function MoneyReportHeader({policy, report: moneyRequestReport, transactionThrea
 
     const shouldShowPayButton = canIOUBePaid || onlyShowPayElsewhere;
 
-    const shouldShowApproveButton = useMemo(() => IOU.canApproveIOU(moneyRequestReport, policy), [moneyRequestReport, policy]);
+    const shouldShowApproveButton = useMemo(() => IOU.canApproveIOU(moneyRequestReport, policy) && !hasOnlyPendingTransactions, [moneyRequestReport, policy, hasOnlyPendingTransactions]);
 
     const shouldDisableApproveButton = shouldShowApproveButton && !ReportUtils.isAllowedToApproveExpenseReport(moneyRequestReport);