diff --git a/src/status_im/ui/screens/wallet/main/views.cljs b/src/status_im/ui/screens/wallet/main/views.cljs
index ee111216ba..34086d0fa3 100644
--- a/src/status_im/ui/screens/wallet/main/views.cljs
+++ b/src/status_im/ui/screens/wallet/main/views.cljs
@@ -176,7 +176,7 @@
         [transactions.views/history-list true]]
        [react/scroll-view {:refresh-control
                            (reagent/as-element
-                            [react/refresh-control {:on-refresh #(re-frame/dispatch [:update-wallet])
+                            [react/refresh-control {:on-refresh #(re-frame/dispatch [:wallet.ui/pull-to-refresh])
                                                     :tint-color :white
                                                     :refreshing false}])}
         (if error-message
diff --git a/src/status_im/ui/screens/wallet/settings/events.cljs b/src/status_im/ui/screens/wallet/settings/events.cljs
index e8968f4bad..c548e1c7fd 100644
--- a/src/status_im/ui/screens/wallet/settings/events.cljs
+++ b/src/status_im/ui/screens/wallet/settings/events.cljs
@@ -12,3 +12,8 @@
  :configure-token-balance-and-visibility
  (fn [cofx [_ symbol balance]]
    (models/configure-token-balance-and-visibility symbol balance accounts.update/update-settings cofx)))
+
+(handlers/register-handler-fx
+ :wallet.ui/pull-to-refresh
+ (fn [cofx _]
+   (models/wallet-autoconfig-tokens cofx)))
diff --git a/src/status_im/ui/screens/wallet/settings/models.cljs b/src/status_im/ui/screens/wallet/settings/models.cljs
index 000676e6f3..194dc65ece 100644
--- a/src/status_im/ui/screens/wallet/settings/models.cljs
+++ b/src/status_im/ui/screens/wallet/settings/models.cljs
@@ -24,15 +24,17 @@
                            (wallet.events/update-token-balance-success symbol balance)))
 
 (defn wallet-autoconfig-tokens [{:keys [db]}]
-  (let [{:keys [account/account web3]} db
+  (let [{:keys [account/account web3 network-status]} db
         network   (get (:networks account) (:network account))
         chain     (ethereum/network->chain-keyword network)
         contracts (->> (tokens/tokens-for chain)
                        (remove :hidden?))]
-    (doseq [{:keys [address symbol]} contracts]
-      ;;TODO(goranjovic): move `get-token-balance` function to wallet models
-      (wallet.events/get-token-balance {:web3       web3
-                                        :contract   address
-                                        :account-id (:address account)
-                                        :on-success #(when (> % 0)
-                                                       (re-frame/dispatch [:configure-token-balance-and-visibility symbol %]))}))))
+    (when-not (= network-status :offline)
+      (doseq [{:keys [address symbol]} contracts]
+        ;;TODO(goranjovic): move `get-token-balance` function to wallet models
+        (wallet.events/get-token-balance {:web3       web3
+                                          :contract   address
+                                          :account-id (:address account)
+                                          :on-error   #(re-frame/dispatch [:update-token-balance-fail symbol %])
+                                          :on-success #(when (> % 0)
+                                                         (re-frame/dispatch [:configure-token-balance-and-visibility symbol %]))})))))