diff --git a/src/languages/en.ts b/src/languages/en.ts
index 42794ce73646..62eced63ab2b 100755
--- a/src/languages/en.ts
+++ b/src/languages/en.ts
@@ -628,7 +628,7 @@ export default {
         splitAmount: ({amount}: SplitAmountParams) => `split ${amount}`,
         didSplitAmount: ({formattedAmount, comment}: DidSplitAmountMessageParams) => `split ${formattedAmount}${comment ? ` for ${comment}` : ''}`,
         amountEach: ({amount}: AmountEachParams) => `${amount} each`,
-        payerOwesAmount: ({payer, amount}: PayerOwesAmountParams) => `${payer} owes ${amount}`,
+        payerOwesAmount: ({payer, amount, comment}: PayerOwesAmountParams) => `${payer} owes ${amount}${comment ? ` for ${comment}` : ''}`,
         payerOwes: ({payer}: PayerOwesParams) => `${payer} owes: `,
         payerPaidAmount: ({payer, amount}: PayerPaidAmountParams): string => `${payer ? `${payer} ` : ''}paid ${amount}`,
         payerPaid: ({payer}: PayerPaidParams) => `${payer} paid: `,
diff --git a/src/languages/es.ts b/src/languages/es.ts
index 412d3b0b73ae..3f3a1caab0bc 100644
--- a/src/languages/es.ts
+++ b/src/languages/es.ts
@@ -621,7 +621,7 @@ export default {
         splitAmount: ({amount}: SplitAmountParams) => `dividir ${amount}`,
         didSplitAmount: ({formattedAmount, comment}: DidSplitAmountMessageParams) => `dividió ${formattedAmount}${comment ? ` para ${comment}` : ''}`,
         amountEach: ({amount}: AmountEachParams) => `${amount} cada uno`,
-        payerOwesAmount: ({payer, amount}: PayerOwesAmountParams) => `${payer} debe ${amount}`,
+        payerOwesAmount: ({payer, amount, comment}: PayerOwesAmountParams) => `${payer} debe ${amount}${comment ? ` para ${comment}` : ''}`,
         payerOwes: ({payer}: PayerOwesParams) => `${payer} debe: `,
         payerPaidAmount: ({payer, amount}: PayerPaidAmountParams) => `${payer ? `${payer} ` : ''}pagó ${amount}`,
         payerPaid: ({payer}: PayerPaidParams) => `${payer} pagó: `,
diff --git a/src/languages/types.ts b/src/languages/types.ts
index 2d04bdc156c9..ecc70327d9ae 100644
--- a/src/languages/types.ts
+++ b/src/languages/types.ts
@@ -117,7 +117,7 @@ type DidSplitAmountMessageParams = {formattedAmount: string; comment: string};
 
 type AmountEachParams = {amount: string};
 
-type PayerOwesAmountParams = {payer: string; amount: number | string};
+type PayerOwesAmountParams = {payer: string; amount: number | string; comment?: string};
 
 type PayerOwesParams = {payer: string};
 
diff --git a/src/libs/OptionsListUtils.ts b/src/libs/OptionsListUtils.ts
index ff55343fa762..1f38610e348f 100644
--- a/src/libs/OptionsListUtils.ts
+++ b/src/libs/OptionsListUtils.ts
@@ -569,6 +569,7 @@ function getLastMessageTextForReport(report: OnyxEntry<Report>, lastActorDetails
             ReportUtils.isChatReport(report),
             null,
             true,
+            lastReportAction,
         );
     } else if (ReportActionUtils.isReimbursementQueuedAction(lastReportAction)) {
         lastMessageTextFromReport = ReportUtils.getReimbursementQueuedActionMessage(lastReportAction, report);
diff --git a/src/libs/ReportUtils.ts b/src/libs/ReportUtils.ts
index e39180db7fd0..826d58ee6ecc 100644
--- a/src/libs/ReportUtils.ts
+++ b/src/libs/ReportUtils.ts
@@ -2414,17 +2414,21 @@ function getTransactionReportName(reportAction: OnyxEntry<ReportAction | Optimis
 /**
  * Get money request message for an IOU report
  *
- * @param [reportAction] This can be either a report preview action or the IOU action
+ * @param [iouReportAction] This is always an IOU action. When necessary, report preview actions will be unwrapped and the child iou report action is passed here (the original report preview
+ *     action will be passed as `originalReportAction` in this case).
+ * @param [originalReportAction] This can be either a report preview action or the IOU action. This will be the original report preview action in cases where `iouReportAction` was unwrapped
+ *     from a report preview action. Otherwise, it will be the same as `iouReportAction`.
  */
 function getReportPreviewMessage(
     report: OnyxEntry<Report> | EmptyObject,
-    reportAction: OnyxEntry<ReportAction> | EmptyObject = {},
+    iouReportAction: OnyxEntry<ReportAction> | EmptyObject = {},
     shouldConsiderScanningReceiptOrPendingRoute = false,
     isPreviewMessageForParentChatReport = false,
     policy: OnyxEntry<Policy> = null,
     isForListPreview = false,
+    originalReportAction: OnyxEntry<ReportAction> | EmptyObject = iouReportAction,
 ): string {
-    const reportActionMessage = reportAction?.message?.[0].html ?? '';
+    const reportActionMessage = iouReportAction?.message?.[0].html ?? '';
 
     if (isEmptyObject(report) || !report?.reportID) {
         // The iouReport is not found locally after SignIn because the OpenApp API won't return iouReports if they're settled
@@ -2432,9 +2436,9 @@ function getReportPreviewMessage(
         return reportActionMessage;
     }
 
-    if (!isEmptyObject(reportAction) && !isIOUReport(report) && reportAction && ReportActionsUtils.isSplitBillAction(reportAction)) {
+    if (!isEmptyObject(iouReportAction) && !isIOUReport(report) && iouReportAction && ReportActionsUtils.isSplitBillAction(iouReportAction)) {
         // This covers group chats where the last action is a split bill action
-        const linkedTransaction = getLinkedTransaction(reportAction);
+        const linkedTransaction = getLinkedTransaction(iouReportAction);
         if (isEmptyObject(linkedTransaction)) {
             return reportActionMessage;
         }
@@ -2469,8 +2473,8 @@ function getReportPreviewMessage(
     }
 
     let linkedTransaction;
-    if (!isEmptyObject(reportAction) && shouldConsiderScanningReceiptOrPendingRoute && reportAction && ReportActionsUtils.isMoneyRequestAction(reportAction)) {
-        linkedTransaction = getLinkedTransaction(reportAction);
+    if (!isEmptyObject(iouReportAction) && shouldConsiderScanningReceiptOrPendingRoute && iouReportAction && ReportActionsUtils.isMoneyRequestAction(iouReportAction)) {
+        linkedTransaction = getLinkedTransaction(iouReportAction);
     }
 
     if (!isEmptyObject(linkedTransaction) && TransactionUtils.hasReceipt(linkedTransaction) && TransactionUtils.isReceiptBeingScanned(linkedTransaction)) {
@@ -2481,7 +2485,7 @@ function getReportPreviewMessage(
         return Localize.translateLocal('iou.routePending');
     }
 
-    const originalMessage = reportAction?.originalMessage as IOUMessage | undefined;
+    const originalMessage = iouReportAction?.originalMessage as IOUMessage | undefined;
 
     // Show Paid preview message if it's settled or if the amount is paid & stuck at receivers end for only chat reports.
     if (isSettled(report.reportID) || (report.isWaitingOnBankAccount && isPreviewMessageForParentChatReport)) {
@@ -2509,7 +2513,7 @@ function getReportPreviewMessage(
         return Localize.translateLocal('iou.waitingOnBankAccount', {submitterDisplayName});
     }
 
-    const lastActorID = reportAction?.actorAccountID;
+    const lastActorID = iouReportAction?.actorAccountID;
     let amount = originalMessage?.amount;
     let currency = originalMessage?.currency ? originalMessage?.currency : report.currency;
 
@@ -2518,16 +2522,29 @@ function getReportPreviewMessage(
         currency = TransactionUtils.getCurrency(linkedTransaction);
     }
 
+    if (isEmptyObject(linkedTransaction) && !isEmptyObject(iouReportAction)) {
+        linkedTransaction = getLinkedTransaction(iouReportAction);
+    }
+
+    let comment = !isEmptyObject(linkedTransaction) ? TransactionUtils.getDescription(linkedTransaction) : undefined;
+    if (!isEmptyObject(originalReportAction) && ReportActionsUtils.isReportPreviewAction(originalReportAction) && ReportActionsUtils.getNumberOfMoneyRequests(originalReportAction) !== 1) {
+        comment = undefined;
+    }
+
     // if we have the amount in the originalMessage and lastActorID, we can use that to display the preview message for the latest request
     if (amount !== undefined && lastActorID && !isPreviewMessageForParentChatReport) {
         const amountToDisplay = CurrencyUtils.convertToDisplayString(Math.abs(amount), currency);
 
         // We only want to show the actor name in the preview if it's not the current user who took the action
         const requestorName = lastActorID && lastActorID !== currentUserAccountID ? getDisplayNameForParticipant(lastActorID, !isPreviewMessageForParentChatReport) : '';
-        return `${requestorName ? `${requestorName}: ` : ''}${Localize.translateLocal('iou.requestedAmount', {formattedAmount: amountToDisplay})}`;
+        return `${requestorName ? `${requestorName}: ` : ''}${Localize.translateLocal('iou.requestedAmount', {formattedAmount: amountToDisplay, comment})}`;
+    }
+
+    if (containsNonReimbursable) {
+        return Localize.translateLocal('iou.payerSpentAmount', {payer: payerName ?? '', amount: formattedAmount});
     }
 
-    return Localize.translateLocal(containsNonReimbursable ? 'iou.payerSpentAmount' : 'iou.payerOwesAmount', {payer: payerName ?? '', amount: formattedAmount});
+    return Localize.translateLocal('iou.payerOwesAmount', {payer: payerName ?? '', amount: formattedAmount, comment});
 }
 
 /**