diff --git a/src/interfaces/chain.h b/src/interfaces/chain.h
index 1a49518d69..ebc5466173 100644
--- a/src/interfaces/chain.h
+++ b/src/interfaces/chain.h
@@ -159,6 +159,9 @@ public:
     //! Check if transaction is RBF opt in.
     virtual RBFTransactionState isRBFOptIn(const CTransaction& tx) = 0;
 
+    //! Check if transaction is in mempool.
+    virtual bool isInMempool(const uint256& txid) = 0;
+
     //! Check if transaction has descendants in mempool.
     virtual bool hasDescendantsInMempool(const uint256& txid) = 0;
 
diff --git a/src/node/interfaces.cpp b/src/node/interfaces.cpp
index ec976fe9bf..53f13aadf4 100644
--- a/src/node/interfaces.cpp
+++ b/src/node/interfaces.cpp
@@ -526,6 +526,12 @@ public:
         LOCK(m_node.mempool->cs);
         return IsRBFOptIn(tx, *m_node.mempool);
     }
+    bool isInMempool(const uint256& txid) override
+    {
+        if (!m_node.mempool) return false;
+        LOCK(m_node.mempool->cs);
+        return m_node.mempool->exists(txid);
+    }
     bool hasDescendantsInMempool(const uint256& txid) override
     {
         if (!m_node.mempool) return false;
diff --git a/src/wallet/wallet.cpp b/src/wallet/wallet.cpp
index 08e480225d..2e742f2927 100644
--- a/src/wallet/wallet.cpp
+++ b/src/wallet/wallet.cpp
@@ -791,6 +791,12 @@ bool CWallet::MarkReplaced(const uint256& originalHash, const uint256& newHash)
 
     wtx.mapValue["replaced_by_txid"] = newHash.ToString();
 
+    // Refresh mempool status without waiting for transactionRemovedFromMempool
+    // notification so the wallet is in an internally consistent state and
+    // immediately knows the old transaction should not be considered trusted
+    // and is eligible to be abandoned
+    wtx.fInMempool = chain().isInMempool(originalHash);
+
     WalletBatch batch(GetDatabase());
 
     bool success = true;