diff --git a/.changelog/1522.trivial.md b/.changelog/1522.trivial.md
new file mode 100644
index 000000000..87cf2368d
--- /dev/null
+++ b/.changelog/1522.trivial.md
@@ -0,0 +1 @@
+Update transaction fee label
diff --git a/src/app/components/Transactions/RuntimeTransactions.tsx b/src/app/components/Transactions/RuntimeTransactions.tsx
index 14123c685..362bb30b8 100644
--- a/src/app/components/Transactions/RuntimeTransactions.tsx
+++ b/src/app/components/Transactions/RuntimeTransactions.tsx
@@ -79,7 +79,7 @@ export const RuntimeTransactions: FC<TransactionsProps> = ({
           { key: 'from', content: t('common.from'), width: '150px' },
           { key: 'to', content: t('common.to'), width: '150px' },
           { key: 'value', align: TableCellAlign.Right, content: t('common.amount'), width: '250px' },
-          { key: 'txnFee', content: t('common.transactionFee'), align: TableCellAlign.Right, width: '250px' },
+          { key: 'txnFee', content: t('common.fee'), align: TableCellAlign.Right, width: '250px' },
         ]
       : []),
   ]
diff --git a/src/app/pages/ConsensusTransactionDetailPage/index.tsx b/src/app/pages/ConsensusTransactionDetailPage/index.tsx
index 0a64593c0..897a3d6f8 100644
--- a/src/app/pages/ConsensusTransactionDetailPage/index.tsx
+++ b/src/app/pages/ConsensusTransactionDetailPage/index.tsx
@@ -152,7 +152,7 @@ export const ConsensusTransactionDetailView: FC<{
               </dd>
             </>
           )}
-          <dt>{t('common.transactionFee')}</dt>
+          <dt>{t('common.fee')}</dt>
           <dd>
             <RoundedBalance value={transaction.fee} ticker={transaction.ticker} />
           </dd>
diff --git a/src/app/pages/RuntimeTransactionDetailPage/index.tsx b/src/app/pages/RuntimeTransactionDetailPage/index.tsx
index f7c1d04c6..12780a25c 100644
--- a/src/app/pages/RuntimeTransactionDetailPage/index.tsx
+++ b/src/app/pages/RuntimeTransactionDetailPage/index.tsx
@@ -306,7 +306,7 @@ export const RuntimeTransactionDetailView: FC<{
               </>
             )}
 
-          <dt>{t('common.transactionFee')}</dt>
+          <dt>{t('common.fee')}</dt>
           <dd>
             {t('common.valueInToken', {
               ...getPreciseNumberFormat(transaction.charged_fee),
diff --git a/src/locales/en/translation.json b/src/locales/en/translation.json
index 718142553..2d733f2c5 100644
--- a/src/locales/en/translation.json
+++ b/src/locales/en/translation.json
@@ -138,7 +138,7 @@
     "totalVotes": "Total votes",
     "transactions": "Transactions",
     "transactionAbbreviation": "Txs",
-    "transactionFee": "Transaction Fee",
+    "fee": "Fee",
     "transfers": "Transfers",
     "type": "Type",
     "quantity": "Quantity",