diff --git a/components/brave_ads/core/internal/account/utility/redeem_payment_tokens/redeem_payment_tokens.cc b/components/brave_ads/core/internal/account/utility/redeem_payment_tokens/redeem_payment_tokens.cc
index 65046ac5c554..90f419c3d657 100644
--- a/components/brave_ads/core/internal/account/utility/redeem_payment_tokens/redeem_payment_tokens.cc
+++ b/components/brave_ads/core/internal/account/utility/redeem_payment_tokens/redeem_payment_tokens.cc
@@ -46,6 +46,7 @@ void RedeemPaymentTokens::MaybeRedeemAfterDelay(const WalletInfo& wallet) {
   const base::Time redeem_at = timer_.Start(
       FROM_HERE, CalculateDelayBeforeRedeemingTokens(),
       base::BindOnce(&RedeemPaymentTokens::Redeem, base::Unretained(this)));
+  SetNextTokenRedemptionAt(redeem_at);
 
   BLOG(1, "Redeem payment tokens " << FriendlyDateAndTime(redeem_at));
 }