diff --git a/doc/release-notes.md b/doc/release-notes.md
index 0de0f563b11..834c9b36dc0 100644
--- a/doc/release-notes.md
+++ b/doc/release-notes.md
@@ -61,6 +61,15 @@ platform.
 Notable changes
 ===============
 
+New RPCs
+--------
+
+- `getbalances` returns an object with all balances (`mine`,
+  `untrusted_pending` and `immature`). Please refer to the RPC help of
+  `getbalances` for details. The new RPC is intended to replace
+  `getunconfirmedbalance` and the balance fields in `getwalletinfo`, as well as
+  `getbalance`. The old calls may be removed in a future version.
+
 Updated RPCs
 ------------
 
diff --git a/src/wallet/rpcwallet.cpp b/src/wallet/rpcwallet.cpp
index 18da83dfe8c..76f59a7bb01 100644
--- a/src/wallet/rpcwallet.cpp
+++ b/src/wallet/rpcwallet.cpp
@@ -785,7 +785,7 @@ static UniValue getunconfirmedbalance(const JSONRPCRequest &request)
     if (request.fHelp || request.params.size() > 0)
         throw std::runtime_error(
             RPCHelpMan{"getunconfirmedbalance",
-                "Returns the server's total unconfirmed balance\n",
+                "DEPRECATED\nIdentical to getbalances().mine.untrusted_pending\n",
                 {},
                 RPCResults{},
                 RPCExamples{""},
@@ -2451,9 +2451,9 @@ static UniValue getwalletinfo(const JSONRPCRequest& request)
             "{\n"
             "  \"walletname\": xxxxx,               (string) the wallet name\n"
             "  \"walletversion\": xxxxx,            (numeric) the wallet version\n"
-            "  \"balance\": xxxxxxx,                (numeric) Identical to getbalances().mine.trusted\n"
-            "  \"unconfirmed_balance\": xxx,        (numeric) Identical to getbalances().mine.untrusted_pending\n"
-            "  \"immature_balance\": xxxxxx,        (numeric) Identical to getbalances().mine.immature\n"
+            "  \"balance\": xxxxxxx,                (numeric) DEPRECATED. Identical to getbalances().mine.trusted\n"
+            "  \"unconfirmed_balance\": xxx,        (numeric) DEPRECATED. Identical to getbalances().mine.untrusted_pending\n"
+            "  \"immature_balance\": xxxxxx,        (numeric) DEPRECATED. Identical to getbalances().mine.immature\n"
             "  \"txcount\": xxxxxxx,                (numeric) the total number of transactions in the wallet\n"
             "  \"keypoololdest\": xxxxxx,           (numeric) the timestamp (seconds since Unix epoch) of the oldest pre-generated key in the key pool\n"
             "  \"keypoolsize\": xxxx,               (numeric) how many new keys are pre-generated (only counts external keys)\n"