diff --git a/app/scripts/controllers/transactions/index.js b/app/scripts/controllers/transactions/index.js
index f9b9f4d27..0a0d720d5 100644
--- a/app/scripts/controllers/transactions/index.js
+++ b/app/scripts/controllers/transactions/index.js
@@ -445,7 +445,7 @@ export default class TransactionController extends EventEmitter {
    * @param {string} editableParams.gasPrice
    * @returns {TransactionMeta} the txMeta of the updated transaction
    */
-  updateEditableParams(txId, { data, from, to, value, gas, gasPrice }) {
+  async updateEditableParams(txId, { data, from, to, value, gas, gasPrice }) {
     this._throwErrorIfNotUnapprovedTx(txId, 'updateEditableParams');
 
     const editableParams = {
@@ -461,7 +461,20 @@ export default class TransactionController extends EventEmitter {
 
     // only update what is defined
     editableParams.txParams = pickBy(editableParams.txParams);
+
+    // update transaction type in case it has changes
+    const transactionBeforeEdit = this._getTransaction(txId);
+    const { type } = await determineTransactionType(
+      {
+        ...transactionBeforeEdit.txParams,
+        ...editableParams.txParams,
+      },
+      this.query,
+    );
+    editableParams.type = type;
+
     const note = `Update Editable Params for ${txId}`;
+
     this._updateTransaction(txId, editableParams, note);
     return this._getTransaction(txId);
   }
diff --git a/app/scripts/controllers/transactions/index.test.js b/app/scripts/controllers/transactions/index.test.js
index a324c56fe..422aaadd7 100644
--- a/app/scripts/controllers/transactions/index.test.js
+++ b/app/scripts/controllers/transactions/index.test.js
@@ -2245,4 +2245,125 @@ describe('Transaction Controller', function () {
       assert.equal(result.destinationTokenAddress, VALID_ADDRESS_TWO); // not updated even though it's passed in to update
     });
   });
+
+  describe('updateEditableParams', function () {
+    let txStateManager;
+
+    beforeEach(function () {
+      txStateManager = txController.txStateManager;
+      txStateManager.addTransaction({
+        id: '1',
+        status: TRANSACTION_STATUSES.UNAPPROVED,
+        metamaskNetworkId: currentNetworkId,
+        txParams: {
+          gas: '0x001',
+          gasPrice: '0x002',
+          // max fees can not be mixed with gasPrice
+          // maxPriorityFeePerGas: '0x003',
+          // maxFeePerGas: '0x004',
+          to: VALID_ADDRESS,
+          from: VALID_ADDRESS,
+        },
+        estimateUsed: '0x005',
+        estimatedBaseFee: '0x006',
+        decEstimatedBaseFee: '6',
+        type: 'simpleSend',
+        userEditedGasLimit: '0x008',
+        userFeeLevel: 'medium',
+      });
+    });
+
+    it('updates editible params when type changes from simple send to token transfer', async function () {
+      // test update gasFees
+      await txController.updateEditableParams('1', {
+        data:
+          '0xa9059cbb000000000000000000000000e18035bf8712672935fdb4e5e431b1a0183d2dfc0000000000000000000000000000000000000000000000000de0b6b3a7640000',
+      });
+      const result = txStateManager.getTransaction('1');
+      assert.equal(
+        result.txParams.data,
+        '0xa9059cbb000000000000000000000000e18035bf8712672935fdb4e5e431b1a0183d2dfc0000000000000000000000000000000000000000000000000de0b6b3a7640000',
+      );
+      assert.equal(result.type, TRANSACTION_TYPES.TOKEN_METHOD_TRANSFER);
+    });
+
+    it('updates editible params when type changes from token transfer to simple send', async function () {
+      // test update gasFees
+      txStateManager.addTransaction({
+        id: '2',
+        status: TRANSACTION_STATUSES.UNAPPROVED,
+        metamaskNetworkId: currentNetworkId,
+        txParams: {
+          gas: '0x001',
+          gasPrice: '0x002',
+          // max fees can not be mixed with gasPrice
+          // maxPriorityFeePerGas: '0x003',
+          // maxFeePerGas: '0x004',
+          to: VALID_ADDRESS,
+          from: VALID_ADDRESS,
+          data:
+            '0xa9059cbb000000000000000000000000e18035bf8712672935fdb4e5e431b1a0183d2dfc0000000000000000000000000000000000000000000000000de0b6b3a7640000',
+        },
+        estimateUsed: '0x005',
+        estimatedBaseFee: '0x006',
+        decEstimatedBaseFee: '6',
+        type: TRANSACTION_TYPES.TOKEN_METHOD_TRANSFER,
+        userEditedGasLimit: '0x008',
+        userFeeLevel: 'medium',
+      });
+      await txController.updateEditableParams('2', {
+        data: '0x',
+      });
+      const result = txStateManager.getTransaction('2');
+      assert.equal(result.txParams.data, '0x');
+      assert.equal(result.type, TRANSACTION_TYPES.SIMPLE_SEND);
+    });
+
+    it('updates editible params when type changes from simpleSend to contract interaction', async function () {
+      // test update gasFees
+      txStateManager.addTransaction({
+        id: '3',
+        status: TRANSACTION_STATUSES.UNAPPROVED,
+        metamaskNetworkId: currentNetworkId,
+        txParams: {
+          gas: '0x001',
+          gasPrice: '0x002',
+          // max fees can not be mixed with gasPrice
+          // maxPriorityFeePerGas: '0x003',
+          // maxFeePerGas: '0x004',
+          to: VALID_ADDRESS,
+          from: VALID_ADDRESS,
+        },
+        estimateUsed: '0x005',
+        estimatedBaseFee: '0x006',
+        decEstimatedBaseFee: '6',
+        type: TRANSACTION_TYPES.TOKEN_METHOD_TRANSFER,
+        userEditedGasLimit: '0x008',
+        userFeeLevel: 'medium',
+      });
+      providerResultStub.eth_getCode = '0x5';
+      await txController.updateEditableParams('3', {
+        data: '0x123',
+      });
+      const result = txStateManager.getTransaction('3');
+      assert.equal(result.txParams.data, '0x123');
+      assert.equal(result.type, TRANSACTION_TYPES.CONTRACT_INTERACTION);
+    });
+
+    it('updates editible params when type does not change', async function () {
+      // test update gasFees
+      await txController.updateEditableParams('1', {
+        data: '0x123',
+        gas: '0xabc',
+        from: VALID_ADDRESS_TWO,
+      });
+      const result = txStateManager.getTransaction('1');
+      assert.equal(result.txParams.data, '0x123');
+      assert.equal(result.txParams.gas, '0xabc');
+      assert.equal(result.txParams.from, VALID_ADDRESS_TWO);
+      assert.equal(result.txParams.to, VALID_ADDRESS);
+      assert.equal(result.txParams.gasPrice, '0x002');
+      assert.equal(result.type, TRANSACTION_TYPES.SIMPLE_SEND);
+    });
+  });
 });
diff --git a/ui/ducks/send/send.js b/ui/ducks/send/send.js
index af588fcac..3e81bc09d 100644
--- a/ui/ducks/send/send.js
+++ b/ui/ducks/send/send.js
@@ -2006,6 +2006,7 @@ export function signTransaction() {
           eip1559support ? eip1559OnlyTxParamsToUpdate : txParams,
         ),
       };
+
       await dispatch(
         addHistoryEntry(
           `sendFlow - user clicked next and transaction should be updated in controller`,