diff --git a/src/pages/workspace/expensifyCard/WorkspaceCardsListLabel.tsx b/src/pages/workspace/expensifyCard/WorkspaceCardsListLabel.tsx
index 0febd5f4ada0..9e501422764d 100644
--- a/src/pages/workspace/expensifyCard/WorkspaceCardsListLabel.tsx
+++ b/src/pages/workspace/expensifyCard/WorkspaceCardsListLabel.tsx
@@ -57,7 +57,13 @@ function WorkspaceCardsListLabel({type, value, style}: WorkspaceCardsListLabelPr
     const [cardSettings] = useOnyx(`${ONYXKEYS.COLLECTION.PRIVATE_EXPENSIFY_CARD_SETTINGS}${workspaceAccountID}`);
     const paymentBankAccountID = cardSettings?.paymentBankAccountID;
 
-    const isConnectedWithPlaid = useMemo(() => !!bankAccountList?.[paymentBankAccountID ?? 0]?.accountData?.additionalData?.plaidAccountID, [bankAccountList, paymentBankAccountID]);
+    const isConnectedWithPlaid = useMemo(() => {
+        const bankAccountData = bankAccountList?.[paymentBankAccountID ?? 0]?.accountData;
+
+        // TODO: remove the extra check when plaidAccountID storing is aligned in https://github.com/Expensify/App/issues/47944
+        // Right after adding a bank account plaidAccountID is stored inside the accountData and not in the additionalData
+        return !!bankAccountData?.plaidAccountID || !!bankAccountData?.additionalData?.plaidAccountID;
+    }, [bankAccountList, paymentBankAccountID]);
 
     useEffect(() => {
         if (!anchorRef.current || !isVisible) {
diff --git a/src/types/onyx/AccountData.ts b/src/types/onyx/AccountData.ts
index 010715f15f85..6bb69cd78dc4 100644
--- a/src/types/onyx/AccountData.ts
+++ b/src/types/onyx/AccountData.ts
@@ -36,6 +36,9 @@ type AccountData = {
     /** The bankAccountID in the bankAccounts db */
     bankAccountID?: number;
 
+    /** Unique identifier for this account in Plaid */
+    plaidAccountID?: string;
+
     /** All data related to the bank account */
     additionalData?: BankAccountAdditionalData;