diff --git a/components/collective-page/graphql/preload.js b/components/collective-page/graphql/preload.js
index 7237e762c54..1a199173c55 100644
--- a/components/collective-page/graphql/preload.js
+++ b/components/collective-page/graphql/preload.js
@@ -40,7 +40,7 @@ export const preloadCollectivePageGraphqlQueries = async (client, collective) =>
         queries.push(
           client.query({
             query: getBudgetSectionQuery(Boolean(collective.host), isIndividual),
-            variables: getBudgetSectionQueryVariables(slug, isIndividual, collective.host),
+            variables: getBudgetSectionQueryVariables(slug, isIndividual, collective.host, collective.isHost),
           }),
         );
       }
@@ -50,7 +50,7 @@ export const preloadCollectivePageGraphqlQueries = async (client, collective) =>
       queries.push(
         client.query({
           query: transactionsSectionQuery,
-          variables: getTransactionsSectionQueryVariables(slug),
+          variables: getTransactionsSectionQueryVariables(slug, collective.isHost),
         }),
       );
     }
diff --git a/components/collective-page/sections/Budget.js b/components/collective-page/sections/Budget.js
index 1349c3b4632..a18b08531a6 100644
--- a/components/collective-page/sections/Budget.js
+++ b/components/collective-page/sections/Budget.js
@@ -227,7 +227,7 @@ export const getBudgetSectionQuery = (hasHost, isIndividual) => {
   }
 };
 
-export const getBudgetSectionQueryVariables = (collectiveSlug, isIndividual, host) => {
+export const getBudgetSectionQueryVariables = (collectiveSlug, isIndividual, host, isHost) => {
   if (isIndividual) {
     return { slug: collectiveSlug, limit: 3, kind: getDefaultKinds().filter(kind => kind !== TransactionKind.EXPENSE) };
   } else {
@@ -235,7 +235,7 @@ export const getBudgetSectionQueryVariables = (collectiveSlug, isIndividual, hos
       slug: collectiveSlug,
       host: host ? { slug: host.slug } : null,
       limit: 3,
-      kind: getDefaultKinds(),
+      kind: getDefaultKinds({ isHost: Boolean(isHost) }),
       heavyAccount: isHeavyAccount(collectiveSlug),
     };
   }
@@ -333,7 +333,7 @@ const SectionBudget = ({ collective, LoggedInUser }) => {
   const [filter, setFilter] = React.useState('all');
   const isIndividual = isIndividualAccount(collective) && !collective.isHost;
   const budgetQueryResult = useQuery(getBudgetSectionQuery(Boolean(collective.host), isIndividual), {
-    variables: getBudgetSectionQueryVariables(collective.slug, isIndividual, collective.host),
+    variables: getBudgetSectionQueryVariables(collective.slug, isIndividual, collective.host, collective.isHost),
   });
   const { data, refetch } = budgetQueryResult;
 
diff --git a/components/collective-page/sections/Transactions.js b/components/collective-page/sections/Transactions.js
index 932b41be9f9..59850c8b909 100644
--- a/components/collective-page/sections/Transactions.js
+++ b/components/collective-page/sections/Transactions.js
@@ -63,13 +63,18 @@ export const transactionsSectionQuery = gql`
   ${transactionsQueryCollectionFragment}
 `;
 
-export const getTransactionsSectionQueryVariables = slug => {
-  return { slug, limit: NB_DISPLAYED, kind: getDefaultKinds(), includeGiftCardTransactions: !isHeavyAccount(slug) };
+export const getTransactionsSectionQueryVariables = (slug, isHost) => {
+  return {
+    slug,
+    limit: NB_DISPLAYED,
+    kind: getDefaultKinds({ isHost: Boolean(isHost) }),
+    includeGiftCardTransactions: !isHeavyAccount(slug),
+  };
 };
 
 const SectionTransactions = props => {
   const transactionsQueryResult = useQuery(transactionsSectionQuery, {
-    variables: getTransactionsSectionQueryVariables(props.collective.slug),
+    variables: getTransactionsSectionQueryVariables(props.collective.slug, props.collective.isHost),
 
     // We keep notifyOnNetworkStatusChange to remove the flash of collectiveHasNoTransactions bug
     // See https://github.com/apollographql/apollo-client/blob/9c80adf65ccbbb88ea5b9313c002f85976c225e3/src/core/ObservableQuery.ts#L274-L304
diff --git a/components/dashboard/sections/collectives/AddFundsModal.tsx b/components/dashboard/sections/collectives/AddFundsModal.tsx
index 1a15fe22be7..bffae679b08 100644
--- a/components/dashboard/sections/collectives/AddFundsModal.tsx
+++ b/components/dashboard/sections/collectives/AddFundsModal.tsx
@@ -515,7 +515,7 @@ const AddFundsModalContentWithCollective = ({
       refetchQueries: [
         {
           query: getBudgetSectionQuery(true, false),
-          variables: getBudgetSectionQueryVariables(collective.slug, false, host),
+          variables: getBudgetSectionQueryVariables(collective.slug, false, host, account?.isHost),
         },
         {
           query: collectivePageQuery,
diff --git a/components/transactions/filters/TransactionsKindFilter.js b/components/transactions/filters/TransactionsKindFilter.js
index f9ab7700cf4..8e7d02fbba0 100644
--- a/components/transactions/filters/TransactionsKindFilter.js
+++ b/components/transactions/filters/TransactionsKindFilter.js
@@ -1,13 +1,19 @@
 import { TransactionKind } from '../../../lib/constants/transactions';
 
-// (!) Remember that any changes made here should be applied to the cache in API > `getCacheKeyForBudgetOrTransactionsSections`
-export const getDefaultKinds = () => {
-  return [
+export const getDefaultKinds = ({ isHost = false } = {}) => {
+  const kinds = [
     TransactionKind.ADDED_FUNDS,
     TransactionKind.BALANCE_TRANSFER,
     TransactionKind.CONTRIBUTION,
     TransactionKind.EXPENSE,
-    TransactionKind.PLATFORM_TIP,
-    TransactionKind.APPLICATION_FEE,
   ];
+
+  // On a Fiscal Host profile, PLATFORM_TIP transactions are the tips collected on the internal
+  // "Platform Tips" child account (money owed to the platform, not host activity). For other
+  // accounts they are tips the account gave, which are part of its own financial activity.
+  if (!isHost) {
+    kinds.push(TransactionKind.PLATFORM_TIP);
+  }
+
+  return kinds;
 };