diff --git a/CHANGELOG.md b/CHANGELOG.md
index 683086248b8..6740d7aa638 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -596,6 +596,7 @@ Released with 1.0.0-beta.37 code base.
 -  Update node version on actions to fix breaking mosaic test (#5354) 
 -  Start incrementing jsonrpc.id from random number (#5327)
 -  `web3-eth-contract`'s `call` and `send` methods no longer mutate `options` argument (#5394)
+-  Improvement using provided gas options in web3-eth-accounts for eip-1559 transactions (#5012)
 
 ### Added
 -  Add missing function type "receive" in `AbiType` (#5165)
diff --git a/packages/web3-eth-accounts/src/index.js b/packages/web3-eth-accounts/src/index.js
index a2393348497..39ecaa7f747 100644
--- a/packages/web3-eth-accounts/src/index.js
+++ b/packages/web3-eth-accounts/src/index.js
@@ -397,7 +397,12 @@ function _handleTxPricing(_this, tx) {
             ) {
                 // Legacy transaction, return provided gasPrice
                 resolve({ gasPrice: tx.gasPrice })
-            } else {
+            } 
+            else if (tx.type === '0x2' && tx.maxFeePerGas && tx.maxPriorityFeePerGas) {
+                // EIP-1559 transaction, return provided maxFeePerGas and maxPriorityFeePerGas
+                resolve({ maxFeePerGas: tx.maxFeePerGas, maxPriorityFeePerGas: tx.maxPriorityFeePerGas })
+            }
+            else {
                 Promise.all([
                     _this._ethereumCall.getBlockByNumber(),
                     _this._ethereumCall.getGasPrice()
diff --git a/test/eth.accounts.signTransaction.js b/test/eth.accounts.signTransaction.js
index 105f7d9a105..5d1361b66e0 100644
--- a/test/eth.accounts.signTransaction.js
+++ b/test/eth.accounts.signTransaction.js
@@ -745,7 +745,31 @@ var tests = [
         oldSignature: "0x02f86e0180843b9aca00843b9aca0e826a4094f0109fc8df283027b6285cc889f5aa624eac1f55843b9aca0080c080a0eb8ca6017e6926503ce11c404ba9b61f30d53ea934857e4f4489f43a6c189cf8a03655ba42b2fdcabdb3363cb39e7f672baa91455632e02bab27f92e1a275ca833",
         transactionHash: "0x488a813f2286f7c015947aa13133bdae49ec75ae1c8f5eba80034d71a038dca8",
         messageHash: "0xcd6d6dee80ecc38f1b22f2d128bf6043dc41079fc913183a8995b5b3e187df61"
-    }
+    },
+    {
+        // test #32
+        address: '0x2c7536E3605D9C16a7a3D7b1898e529396a65c23',
+        iban: 'XE0556YCRTEZ9JALZBSCXOK4UJ5F3HN03DV',
+        privateKey: '0x4c0883a69102937d6231471b5dbb6204fe5129617082792ae468d01a3f362318',
+        transaction: {
+            chainId: 1,
+            nonce: 0,
+            type: '0x2',
+            maxPriorityFeePerGas: '1000000000',
+            maxFeePerGas: '3000000000',
+            gasLimit: '0x6A40',
+            to: '0xF0109fC8DF283027b6285cc889F5aA624EaC1F55',
+            toIban: 'XE04S1IRT2PR8A8422TPBL9SR6U0HODDCUT', // will be switched to "to" in the test
+            value: "1000000000",
+            data: "",
+            common: commonLondon
+        },
+        // signature from eth_signTransaction
+        rawTransaction: "0x02f86e0180843b9aca0084b2d05e00826a4094f0109fc8df283027b6285cc889f5aa624eac1f55843b9aca0080c080a0d1290a118d51918c1ca17e3af0267c45efcd745cf42e78eabc444c424d6bcf37a003c81e1fda169575023a94200ee034128747f91020e704abaee30dbcfc785c36",
+        oldSignature: "0x02f86e0180843b9aca0084b2d05e00826a4094f0109fc8df283027b6285cc889f5aa624eac1f55843b9aca0080c080a0d1290a118d51918c1ca17e3af0267c45efcd745cf42e78eabc444c424d6bcf37a003c81e1fda169575023a94200ee034128747f91020e704abaee30dbcfc785c36",
+        transactionHash: "0x82c19b39a6b7eaa0492863a8b236fad5018f267b4977c270ddd5228c4cbda60e",
+        messageHash: "0xe3beea0918f445c21eb2f42e3cbc3c5d54321ec642f47d12c473b2765df97f2b"
+    },
 ];
 
 describe("eth", function () {