diff --git a/src/widget/weffectchainpresetbutton.cpp b/src/widget/weffectchainpresetbutton.cpp
index e4cb5d3128b..e33e46809ff 100644
--- a/src/widget/weffectchainpresetbutton.cpp
+++ b/src/widget/weffectchainpresetbutton.cpp
@@ -5,6 +5,7 @@
 
 #include "effects/presets/effectpresetmanager.h"
 #include "moc_weffectchainpresetbutton.cpp"
+#include "util/parented_ptr.h"
 #include "widget/effectwidgetutils.h"
 
 WEffectChainPresetButton::WEffectChainPresetButton(QWidget* parent, EffectsManager* pEffectsManager)
@@ -43,6 +44,7 @@ void WEffectChainPresetButton::setup(const QDomNode& node, const SkinContext& co
                 this,
                 &WEffectChainPresetButton::populateMenu);
     }
+    m_pMenu->setToolTipsVisible(true);
     populateMenu();
 }
 
@@ -50,6 +52,7 @@ void WEffectChainPresetButton::populateMenu() {
     m_pMenu->clear();
 
     // Chain preset items
+    const EffectsBackendManagerPointer bem = m_pEffectsManager->getBackendManager();
     bool presetIsReadOnly = true;
     for (const auto& pChainPreset : m_pChainPresetManager->getPresetsSorted()) {
         QString title = pChainPreset->name();
@@ -58,9 +61,27 @@ void WEffectChainPresetButton::populateMenu() {
                     QChar(' ') + title;
             presetIsReadOnly = pChainPreset->isReadOnly();
         }
-        m_pMenu->addAction(title, this, [this, pChainPreset]() {
-            m_pChain->loadChainPreset(pChainPreset);
-        });
+        QString tooltip =
+                QStringLiteral("<b>") + pChainPreset->name() + QStringLiteral("</b>");
+        QStringList effectNames;
+        for (const auto& pEffectPreset : pChainPreset->effectPresets()) {
+            if (!pEffectPreset->isEmpty()) {
+                effectNames.append(bem->getDisplayNameForEffectPreset(pEffectPreset));
+            }
+        }
+        if (effectNames.size() > 1) {
+            tooltip.append("<br/>");
+            tooltip.append(effectNames.join("<br/>"));
+        }
+        parented_ptr<QAction> pAction = make_parented<QAction>(title, this);
+        connect(pAction,
+                &QAction::triggered,
+                this,
+                [this, pChainPreset]() {
+                    m_pChain->loadChainPreset(pChainPreset);
+                });
+        pAction->setToolTip(tooltip);
+        m_pMenu->addAction(pAction);
     }
     m_pMenu->addSeparator();
     // This prevents showing the Update button for the empty '---' preset, in case
diff --git a/src/widget/weffectchainpresetselector.cpp b/src/widget/weffectchainpresetselector.cpp
index f8a0a924e54..d106b8e602e 100644
--- a/src/widget/weffectchainpresetselector.cpp
+++ b/src/widget/weffectchainpresetselector.cpp
@@ -74,13 +74,26 @@ void WEffectChainPresetSelector::populate() {
         presetList = m_pEffectsManager->getChainPresetManager()->getPresetsSorted();
     }
 
+    const EffectsBackendManagerPointer bem = m_pEffectsManager->getBackendManager();
     for (int i = 0; i < presetList.size(); i++) {
         auto pChainPreset = presetList.at(i);
         QString elidedDisplayName = metrics.elidedText(pChainPreset->name(),
                 Qt::ElideMiddle,
                 view()->width() - 2);
         addItem(elidedDisplayName, QVariant(pChainPreset->name()));
-        setItemData(i, pChainPreset->name(), Qt::ToolTipRole);
+        QString tooltip =
+                QStringLiteral("<b>") + pChainPreset->name() + QStringLiteral("</b>");
+        QStringList effectNames;
+        for (const auto& pEffectPreset : pChainPreset->effectPresets()) {
+            if (!pEffectPreset->isEmpty()) {
+                effectNames.append(bem->getDisplayNameForEffectPreset(pEffectPreset));
+            }
+        }
+        if (effectNames.size() > 1) {
+            tooltip.append("<br/>");
+            tooltip.append(effectNames.join("<br/>"));
+        }
+        setItemData(i, tooltip, Qt::ToolTipRole);
     }
 
     slotChainPresetChanged(m_pChain->presetName());