diff --git a/bee-api/bee-rest-api/CHANGELOG.md b/bee-api/bee-rest-api/CHANGELOG.md
index 08c6b11b9a..499aaf768c 100644
--- a/bee-api/bee-rest-api/CHANGELOG.md
+++ b/bee-api/bee-rest-api/CHANGELOG.md
@@ -19,10 +19,16 @@ and this project adheres to [Semantic Versioning](https://semver.org/spec/v2.0.0
 
 ### Security -->
 
-## 0.2.1 - 2022-02-28
+## 0.2.1 - 2022-03-04
+
+### Changed
 
 - Update `bee-gossip` dependency to 0.5.0;
 
+### Fixed
+
+- Convert `None` to `0` for balance response;
+
 ## 0.2.0 - 2022-01-28
 
 ### Added
diff --git a/bee-api/bee-rest-api/src/endpoints/routes/api/v1/balance_ed25519.rs b/bee-api/bee-rest-api/src/endpoints/routes/api/v1/balance_ed25519.rs
index 7e10e75632..ef6f84a764 100644
--- a/bee-api/bee-rest-api/src/endpoints/routes/api/v1/balance_ed25519.rs
+++ b/bee-api/bee-rest-api/src/endpoints/routes/api/v1/balance_ed25519.rs
@@ -59,18 +59,21 @@ pub(crate) async fn balance_ed25519(
             "unable to fetch the balance of the address".to_string(),
         ))
     })? {
-        (Ok(response), ledger_index) => match response {
-            Some(balance) => Ok(warp::reply::json(&SuccessBody::new(BalanceAddressResponse {
+        (Ok(response), ledger_index) => {
+            let (balance, dust_allowed) = if let Some(balance) = response {
+                (balance.amount(), balance.dust_allowed())
+            } else {
+                (0, false)
+            };
+
+            Ok(warp::reply::json(&SuccessBody::new(BalanceAddressResponse {
                 address_type: Ed25519Address::KIND,
                 address: addr.to_string(),
-                balance: balance.amount(),
-                dust_allowed: balance.dust_allowed(),
+                balance,
+                dust_allowed,
                 ledger_index: *ledger_index,
-            }))),
-            None => Err(reject::custom(CustomRejection::NotFound(
-                "balance not found".to_string(),
-            ))),
-        },
+            })))
+        }
         (Err(e), _) => {
             error!("unable to fetch the balance of the address: {}", e);
             Err(reject::custom(CustomRejection::ServiceUnavailable(