diff --git a/packages/desktop-client/src/components/FinancesApp.tsx b/packages/desktop-client/src/components/FinancesApp.tsx
index 9fe9c0c09c..ca05a40041 100644
--- a/packages/desktop-client/src/components/FinancesApp.tsx
+++ b/packages/desktop-client/src/components/FinancesApp.tsx
@@ -92,7 +92,7 @@ export function FinancesApp() {
   const { t } = useTranslation();
 
   // TODO: Replace with `useAccounts` hook once it's updated to return the useQuery results.
-  const { data: accounts, isSuccess: isAccountsLoaded } = useQuery(
+  const { data: accounts, isFetching: isAccountsFetching } = useQuery(
     accountQueries.list(),
   );
 
@@ -245,16 +245,14 @@ export function FinancesApp() {
                 <Route
                   path="/"
                   element={
-                    isAccountsLoaded ? (
-                      accounts.length > 0 ? (
-                        <Navigate to="/budget" replace />
-                      ) : (
-                        // If there are no accounts, we want to redirect the user to
-                        // the All Accounts screen which will prompt them to add an account
-                        <Navigate to="/accounts" replace />
-                      )
-                    ) : (
+                    isAccountsFetching || !accounts ? (
                       <LoadingIndicator />
+                    ) : accounts.length > 0 ? (
+                      <Navigate to="/budget" replace />
+                    ) : (
+                      // If there are no accounts, we want to redirect the user to
+                      // the All Accounts screen which will prompt them to add an account
+                      <Navigate to="/accounts" replace />
                     )
                   }
                 />
diff --git a/upcoming-release-notes/7007.md b/upcoming-release-notes/7007.md
new file mode 100644
index 0000000000..5f8716dd68
--- /dev/null
+++ b/upcoming-release-notes/7007.md
@@ -0,0 +1,6 @@
+---
+category: Bugfixes
+authors: [joel-jeremy]
+---
+
+Fix redirect to accounts page when no accounts exist, improving user experience.