diff --git a/browser/ui/webui/brave_webui_source.cc b/browser/ui/webui/brave_webui_source.cc
index f2ff10b63a24..3f274f0489ca 100644
--- a/browser/ui/webui/brave_webui_source.cc
+++ b/browser/ui/webui/brave_webui_source.cc
@@ -357,6 +357,7 @@ void CustomizeWebUIHTMLSource(const std::string &name,
         { "amount", IDS_BRAVE_UI_AMOUNT },
         { "backup", IDS_BRAVE_UI_BACKUP },
         { "braveAdsDesc", IDS_BRAVE_UI_BRAVE_ADS_DESC },
+        { "braveAdsDescPoints", IDS_BRAVE_UI_BRAVE_ADS_DESC_POINTS },
         { "braveAdsLaunchMsg", IDS_BRAVE_UI_BRAVE_ADS_LAUNCH_MSG },
         { "braveAdsLaunchTitle", IDS_BRAVE_UI_BRAVE_ADS_LAUNCH_TITLE },
         { "braveAdsTitle", IDS_BRAVE_UI_BRAVE_ADS_TITLE },
diff --git a/components/brave_rewards/resources/page/components/app.tsx b/components/brave_rewards/resources/page/components/app.tsx
index 5e50d5e5319e..df9ab9036269 100644
--- a/components/brave_rewards/resources/page/components/app.tsx
+++ b/components/brave_rewards/resources/page/components/app.tsx
@@ -41,6 +41,7 @@ export class App extends React.Component<Props, State> {
         this.props.actions.onAdsSettingSave('adsEnabledMigrated', adsEnabled)
       }
     }
+    this.props.actions.onlyAnonWallet()
   }
 
   componentDidUpdate (prevProps: Props, prevState: State) {
@@ -75,7 +76,8 @@ export class App extends React.Component<Props, State> {
   }
 
   render () {
-    const { walletCreated, walletCreateFailed } = this.props.rewardsData
+    const { walletCreated, walletCreateFailed, ui } = this.props.rewardsData
+    const { onlyAnonWallet } = ui
 
     let props: {onReTry?: () => void} = {}
 
@@ -91,6 +93,7 @@ export class App extends React.Component<Props, State> {
           !walletCreated
           ? <WelcomePage
             onTOSClick={this.openTOS}
+            onlyAnonWallet={onlyAnonWallet}
             onPrivacyClick={this.openPrivacyPolicy}
             optInAction={this.onCreateWalletClicked}
             creating={this.state.creating}
diff --git a/components/brave_rewards/resources/page/components/settingsPage.tsx b/components/brave_rewards/resources/page/components/settingsPage.tsx
index 96ba79eeb030..17339d4248b4 100644
--- a/components/brave_rewards/resources/page/components/settingsPage.tsx
+++ b/components/brave_rewards/resources/page/components/settingsPage.tsx
@@ -66,7 +66,6 @@ class SettingsPage extends React.Component<Props, State> {
       this.actions.onSettingSave('firstLoad', false)
     }
 
-    this.actions.onlyAnonWallet()
     this.actions.getWalletProperties()
     this.actions.getBalance()
     this.balanceTimerId = setInterval(() => {
diff --git a/components/brave_rewards/resources/ui/components/welcomePage/index.tsx b/components/brave_rewards/resources/ui/components/welcomePage/index.tsx
index 2863811e4612..05bb3cba9622 100644
--- a/components/brave_rewards/resources/ui/components/welcomePage/index.tsx
+++ b/components/brave_rewards/resources/ui/components/welcomePage/index.tsx
@@ -56,6 +56,7 @@ export interface Props {
   id?: string
   optInAction: () => void
   creating?: boolean
+  onlyAnonWallet?: boolean
   onReTry?: () => void
   onTOSClick?: () => void
   onPrivacyClick?: () => void
@@ -212,7 +213,8 @@ class WelcomePage extends React.PureComponent<Props, {}> {
     )
   }
 
-  get infoCards (): CardProps[] {
+  infoCards = (): CardProps[] => {
+    const { onlyAnonWallet } = this.props
     return [
       {
         title: getLocale('turnOnRewardsTitle'),
@@ -221,7 +223,7 @@ class WelcomePage extends React.PureComponent<Props, {}> {
       },
       {
         title: getLocale('braveAdsTitle'),
-        description: getLocale('braveAdsDesc'),
+        description: onlyAnonWallet ? getLocale('braveAdsDescPoints') : getLocale('braveAdsDesc'),
         icon: <AdsMegaphoneIcon />
       },
       {
@@ -265,7 +267,7 @@ class WelcomePage extends React.PureComponent<Props, {}> {
             <StyledInfoContent>
               <InfoCard
                 id='rewards-info'
-                cards={this.infoCards}
+                cards={this.infoCards()}
               />
             </StyledInfoContent>
             <StyledTakeActionContent>
diff --git a/components/resources/brave_components_strings.grd b/components/resources/brave_components_strings.grd
index f8544a6f5aa7..f5adff8f4176 100644
--- a/components/resources/brave_components_strings.grd
+++ b/components/resources/brave_components_strings.grd
@@ -353,6 +353,7 @@
       <message name="IDS_BRAVE_UI_AMOUNT" desc="">Amount</message>
       <message name="IDS_BRAVE_UI_BACKUP" desc="">Backup</message>
       <message name="IDS_BRAVE_UI_BRAVE_ADS_DESC" desc="">Get paid to view relevant ads that respect your privacy.</message>
+      <message name="IDS_BRAVE_UI_BRAVE_ADS_DESC_POINTS" desc="">Collect points when you view relevant ads that respect your privacy.</message>
       <message name="IDS_BRAVE_UI_BRAVE_ADS_LAUNCH_MSG" desc="">Now you can earn by viewing ads.</message>
       <message name="IDS_BRAVE_UI_BRAVE_ADS_LAUNCH_TITLE" desc="">Brave Ads has arrived!</message>
       <message name="IDS_BRAVE_UI_BRAVE_ADS_TITLE" desc="">Ads</message>
diff --git a/components/test/brave_rewards/page/components/app_test.tsx b/components/test/brave_rewards/page/components/app_test.tsx
index 651043dcc484..470032fe5417 100644
--- a/components/test/brave_rewards/page/components/app_test.tsx
+++ b/components/test/brave_rewards/page/components/app_test.tsx
@@ -47,7 +47,8 @@ describe('rewardsPage component', () => {
       const wrapper = shallow(
         <App
           actions={{
-            checkWalletExistence: () => false
+            checkWalletExistence: () => false,
+            onlyAnonWallet: () => false
           }}
           rewardsData={rewardsInitialState.rewardsData as Rewards.State}
         />