diff --git a/src/pages/workspace/upgrade/GenericFeaturesView.tsx b/src/pages/workspace/upgrade/GenericFeaturesView.tsx
index 731946182ad4..7084d491e65e 100644
--- a/src/pages/workspace/upgrade/GenericFeaturesView.tsx
+++ b/src/pages/workspace/upgrade/GenericFeaturesView.tsx
@@ -6,10 +6,8 @@ import * as Illustrations from '@components/Icon/Illustrations';
 import Text from '@components/Text';
 import TextLink from '@components/TextLink';
 import useLocalize from '@hooks/useLocalize';
-import usePreferredCurrency from '@hooks/usePreferredCurrency';
 import useResponsiveLayout from '@hooks/useResponsiveLayout';
 import useThemeStyles from '@hooks/useThemeStyles';
-import {convertToShortDisplayString} from '@libs/CurrencyUtils';
 import Navigation from '@libs/Navigation/Navigation';
 import CONST from '@src/CONST';
 import ROUTES from '@src/ROUTES';
@@ -18,14 +16,14 @@ type GenericFeaturesViewProps = {
     buttonDisabled?: boolean;
     loading?: boolean;
     onUpgrade: () => void;
+    formattedPrice: string;
     policyID?: string;
 };
 
-function GenericFeaturesView({onUpgrade, buttonDisabled, loading, policyID}: GenericFeaturesViewProps) {
+function GenericFeaturesView({onUpgrade, buttonDisabled, loading, formattedPrice, policyID}: GenericFeaturesViewProps) {
     const styles = useThemeStyles();
     const {translate} = useLocalize();
     const {isExtraSmallScreenWidth} = useResponsiveLayout();
-    const preferredCurrency = usePreferredCurrency();
 
     const benefits = [
         translate('workspace.upgrade.commonFeatures.benefits.benefit1'),
@@ -34,12 +32,6 @@ function GenericFeaturesView({onUpgrade, buttonDisabled, loading, policyID}: Gen
         translate('workspace.upgrade.commonFeatures.benefits.benefit4'),
     ];
 
-    const formattedPrice = React.useMemo(() => {
-        const upgradeCurrency = Object.hasOwn(CONST.SUBSCRIPTION_PRICES, preferredCurrency) ? preferredCurrency : CONST.PAYMENT_CARD_CURRENCY.USD;
-        const upgradePrice = CONST.SUBSCRIPTION_PRICES[upgradeCurrency][CONST.POLICY.TYPE.CORPORATE][CONST.SUBSCRIPTION.TYPE.ANNUAL];
-        return `${convertToShortDisplayString(upgradePrice, upgradeCurrency)} `;
-    }, [preferredCurrency]);
-
     return (
         <View style={[styles.m5, styles.workspaceUpgradeIntroBox({isExtraSmallScreenWidth})]}>
             <View style={[styles.mb3]}>
diff --git a/src/pages/workspace/upgrade/UpgradeIntro.tsx b/src/pages/workspace/upgrade/UpgradeIntro.tsx
index e3d5b055c1a7..c64441d45899 100644
--- a/src/pages/workspace/upgrade/UpgradeIntro.tsx
+++ b/src/pages/workspace/upgrade/UpgradeIntro.tsx
@@ -40,10 +40,11 @@ function UpgradeIntro({feature, onUpgrade, buttonDisabled, loading, isCategorizi
     const preferredCurrency = usePreferredCurrency();
 
     const formattedPrice = React.useMemo(() => {
-        const upgradePlan = isCategorizing ? CONST.POLICY.TYPE.TEAM : CONST.POLICY.TYPE.CORPORATE;
         const upgradeCurrency = Object.hasOwn(CONST.SUBSCRIPTION_PRICES, preferredCurrency) ? preferredCurrency : CONST.PAYMENT_CARD_CURRENCY.USD;
-        const upgradePrice = CONST.SUBSCRIPTION_PRICES[upgradeCurrency][upgradePlan][CONST.SUBSCRIPTION.TYPE.ANNUAL];
-        return `${convertToShortDisplayString(upgradePrice, upgradeCurrency)} `;
+        return `${convertToShortDisplayString(
+            CONST.SUBSCRIPTION_PRICES[upgradeCurrency][isCategorizing ? CONST.POLICY.TYPE.TEAM : CONST.POLICY.TYPE.CORPORATE][CONST.SUBSCRIPTION.TYPE.ANNUAL],
+            upgradeCurrency,
+        )} `;
     }, [preferredCurrency, isCategorizing]);
 
     /**
@@ -58,6 +59,7 @@ function UpgradeIntro({feature, onUpgrade, buttonDisabled, loading, isCategorizi
             <GenericFeaturesView
                 onUpgrade={onUpgrade}
                 buttonDisabled={buttonDisabled}
+                formattedPrice={formattedPrice}
                 loading={loading}
                 policyID={policyID}
             />