diff --git a/src/CONST.ts b/src/CONST.ts
index cf3facb0d1d8..03f58dce48c5 100755
--- a/src/CONST.ts
+++ b/src/CONST.ts
@@ -34,6 +34,8 @@ const CURRENT_YEAR = new Date().getFullYear();
 const PULL_REQUEST_NUMBER = Config?.PULL_REQUEST_NUMBER ?? '';
 const MAX_DATE = dateAdd(new Date(), {years: 1});
 const MIN_DATE = dateSubtract(new Date(), {years: 20});
+const EXPENSIFY_POLICY_DOMAIN = 'expensify-policy';
+const EXPENSIFY_POLICY_DOMAIN_EXTENSION = '.exfy';
 
 const keyModifierControl = KeyCommand?.constants?.keyModifierControl ?? 'keyModifierControl';
 const keyModifierCommand = KeyCommand?.constants?.keyModifierCommand ?? 'keyModifierCommand';
@@ -723,8 +725,8 @@ const CONST = {
         INBOX: 'inbox',
     },
 
-    EXPENSIFY_POLICY_DOMAIN: 'expensify-policy',
-    EXPENSIFY_POLICY_DOMAIN_EXTENSION: '.exfy',
+    EXPENSIFY_POLICY_DOMAIN,
+    EXPENSIFY_POLICY_DOMAIN_EXTENSION,
 
     SIGN_IN_FORM_WIDTH: 300,
 
@@ -2564,6 +2566,10 @@ const CONST = {
         SHORT_MENTION: new RegExp(`@[\\w\\-\\+\\'#@]+(?:\\.[\\w\\-\\'\\+]+)*(?![^\`]*\`)`, 'gim'),
 
         REPORT_ID_FROM_PATH: /\/r\/(\d+)/,
+
+        get EXPENSIFY_POLICY_DOMAIN_NAME() {
+            return new RegExp(`${EXPENSIFY_POLICY_DOMAIN}([a-zA-Z0-9]+)\\${EXPENSIFY_POLICY_DOMAIN_EXTENSION}`);
+        },
     },
 
     PRONOUNS: {
diff --git a/src/pages/settings/Wallet/PaymentMethodList.tsx b/src/pages/settings/Wallet/PaymentMethodList.tsx
index 0d127e3346ae..5f77ac33becf 100644
--- a/src/pages/settings/Wallet/PaymentMethodList.tsx
+++ b/src/pages/settings/Wallet/PaymentMethodList.tsx
@@ -24,6 +24,7 @@ import * as CardUtils from '@libs/CardUtils';
 import Log from '@libs/Log';
 import Navigation from '@libs/Navigation/Navigation';
 import * as PaymentUtils from '@libs/PaymentUtils';
+import * as PolicyUtils from '@libs/PolicyUtils';
 import variables from '@styles/variables';
 import * as PaymentMethods from '@userActions/PaymentMethods';
 import CONST from '@src/CONST';
@@ -199,6 +200,16 @@ function PaymentMethodList({
     const {isOffline} = useNetwork();
     const [isUserValidated] = useOnyx(ONYXKEYS.USER, {selector: (user) => !!user?.validated});
 
+    const getDescriptionForPolicyDomainCard = (domainName: string): string => {
+        // A domain name containing a policyID indicates that this is a workspace feed
+        const policyID = domainName.match(CONST.REGEX.EXPENSIFY_POLICY_DOMAIN_NAME)?.[1];
+        if (policyID) {
+            const policy = PolicyUtils.getPolicy(policyID.toUpperCase());
+            return policy?.name ?? domainName;
+        }
+        return domainName;
+    };
+
     const filteredPaymentMethods = useMemo(() => {
         if (shouldShowAssignedCards) {
             const assignedCards = Object.values(cardList ?? {})
@@ -214,7 +225,7 @@ function PaymentMethodList({
                     assignedCardsGrouped.push({
                         key: card.cardID.toString(),
                         title: card.bank,
-                        description: card.domainName,
+                        description: getDescriptionForPolicyDomainCard(card.domainName),
                         shouldShowRightIcon: false,
                         interactive: false,
                         canDismissError: false,
@@ -245,7 +256,7 @@ function PaymentMethodList({
                     key: card.cardID.toString(),
                     // eslint-disable-next-line @typescript-eslint/prefer-nullish-coalescing
                     title: card?.nameValuePairs?.cardTitle || card.bank,
-                    description: card.domainName,
+                    description: getDescriptionForPolicyDomainCard(card.domainName),
                     onPress: () => Navigation.navigate(ROUTES.SETTINGS_WALLET_DOMAINCARD.getRoute(String(card.cardID))),
                     isGroupedCardDomain: !isAdminIssuedVirtualCard,
                     shouldShowRightIcon: true,