diff --git a/src/components/SettlementButton.js b/src/components/SettlementButton.js
index 13a25c94540e..e791383da816 100644
--- a/src/components/SettlementButton.js
+++ b/src/components/SettlementButton.js
@@ -104,8 +104,8 @@ class SettlementButton extends React.Component {
 
         // To achieve the one tap pay experience we need to choose the correct payment type as default,
         // if user already paid for some request or expense, let's use the last payment method or use default.
+        let paymentMethod = this.props.nvp_lastPaymentMethod[this.props.policyID] || '';
         if (!this.props.shouldShowPaymentOptions) {
-            let paymentMethod = this.props.nvp_lastPaymentMethod[this.props.policyID];
             if (!paymentMethod) {
                 // In case the user hasn't paid a request yet, let's default to VBBA payment type in case of expense reports
                 if (isExpenseReport) {
@@ -141,6 +141,11 @@ class SettlementButton extends React.Component {
             buttonOptions.push(paymentMethods[CONST.IOU.PAYMENT_TYPE.PAYPAL_ME]);
         }
         buttonOptions.push(paymentMethods[CONST.IOU.PAYMENT_TYPE.ELSEWHERE]);
+
+        // Put the preferred payment method to the front of the array so its shown as default
+        if (paymentMethod) {
+            return _.sortBy(buttonOptions, (method) => (method.value === paymentMethod ? 0 : 1));
+        }
         return buttonOptions;
     }