diff --git a/packages/desktop-client/src/components/modals/MergeUnusedPayees.js b/packages/desktop-client/src/components/modals/MergeUnusedPayees.js
index 62cd244ef5399d4f3ea485b99b182d2bd67273ae..32f61a6c4937dbbcfe67454da1ad0759572a0248 100644
--- a/packages/desktop-client/src/components/modals/MergeUnusedPayees.js
+++ b/packages/desktop-client/src/components/modals/MergeUnusedPayees.js
@@ -122,8 +122,14 @@ export default function MergeUnusedPayees({
 
             <Information>
               Merging will remove the payee and transfer any existing rules to
-              the new payee. If checked below, a rule will be created to do this
-              rename while importing transactions.
+              the new payee.
+              {!isEditingRule && (
+                <>
+                  {' '}
+                  If checked below, a rule will be created to do this rename
+                  while importing transactions.
+                </>
+              )}
             </Information>
 
             {!isEditingRule && (
diff --git a/upcoming-release-notes/1371.md b/upcoming-release-notes/1371.md
new file mode 100644
index 0000000000000000000000000000000000000000..690e494bcf3e00d731fcc9054a2879cecf70c071
--- /dev/null
+++ b/upcoming-release-notes/1371.md
@@ -0,0 +1,6 @@
+---
+category: Enhancements
+authors: [j-f1]
+---
+
+Improve clarity of informational message in “merge unused payees” modal