diff --git a/src/js/controllers/wallet-selector.controller.js b/src/js/controllers/wallet-selector.controller.js
index 694852f0f..036727333 100644
--- a/src/js/controllers/wallet-selector.controller.js
+++ b/src/js/controllers/wallet-selector.controller.js
@@ -145,7 +145,7 @@ angular
               var walletStatus = null;
               if (wallet.status && wallet.status.isValid) {
                 walletStatus = wallet.status;
-              } else if (wallet.cachedStatus) {
+              } else if (wallet.cachedStatus && wallet.status.isValid) {
                 walletStatus = wallet.cachedStatus;
               }