diff --git a/src/libs/actions/BankAccounts.js b/src/libs/actions/BankAccounts.js
index 6bc5e6d608d4..db2f416250fb 100644
--- a/src/libs/actions/BankAccounts.js
+++ b/src/libs/actions/BankAccounts.js
@@ -260,6 +260,8 @@ function validateBankAccount(bankAccountID, validateCode) {
 }
 
 function openReimbursementAccountPage(stepToOpen, subStep, localCurrentStep) {
+    // Show loader right away, as optimisticData might be set only later in case multiple calls are in the queue
+    Onyx.merge(ONYXKEYS.REIMBURSEMENT_ACCOUNT, {isLoading: true});
     const onyxData = {
         optimisticData: [
             {