diff --git a/ui/components/component-library/form-text-field/form-text-field.js b/ui/components/component-library/form-text-field/form-text-field.js
index 5dfc6427d..e3c72eb8d 100644
--- a/ui/components/component-library/form-text-field/form-text-field.js
+++ b/ui/components/component-library/form-text-field/form-text-field.js
@@ -5,6 +5,7 @@ import classnames from 'classnames';
 import {
   DISPLAY,
   FLEX_DIRECTION,
+  SEVERITIES,
   Size,
 } from '../../../helpers/constants/design-system';
 
@@ -103,6 +104,7 @@ export const FormTextField = ({
     {helpText && (
       <HelpText
         error={error}
+        severity={error && SEVERITIES.DANGER}
         marginTop={1}
         {...helpTextProps}
         className={classnames(
diff --git a/ui/components/component-library/help-text/README.mdx b/ui/components/component-library/help-text/README.mdx
index 27dd0d1ec..9652fb21a 100644
--- a/ui/components/component-library/help-text/README.mdx
+++ b/ui/components/component-library/help-text/README.mdx
@@ -6,7 +6,7 @@ import { HelpText } from './help-text';
 
 # HelpText
 
-The `HelpText` is intended to be used as the help or error text under a form element
+The `HelpText` is used as feedback text under a form field including error, success, warning or info messages
 
 <Canvas>
   <Story id="components-componentlibrary-helptext--default-story" />
@@ -24,40 +24,49 @@ The `HelpText` accepts all props below as well as all [Box](/docs/components-ui-
 
 ### Children
 
-The `children` of the `HelpText` can be plain text or react nodes
-
-<Canvas>
-  <Story id="components-componentlibrary-helptext--children" />
-</Canvas>
+`HelpText` renders as a `<p>` tag if the child is a `string` or a `<div>` if the child is an `object`.
 
 ```jsx
 import { Size, IconColor } from '../../../helpers/constants/design-system';
 import { HelpText, Icon, ICON_NAMES } from '../../component-library';
 
-<HelpText>Plain text</HelpText>
+<HelpText>Plain text</HelpText> // renders as <p>Plain text</p>
 <HelpText>
-  Text and icon
-      <Icon
-        marginLeft={1}
-        color={IconColor.inherit}
-        name={ICON_NAMES.WARNING}
-        size={Size.inherit}
-      />
-</HelpText>
+  <span>Text and icon</span>
+  <Icon
+    marginLeft={1}
+    color={IconColor.iconAlternative}
+    name={ICON_NAMES.WARNING}
+    size={Size.inherit}
+  />
+</HelpText> // renders as <div><span>Text and icon</span> <div style={{background: icon/warning.svg}} /></div>
 ```
 
-### Error
+### Severity
 
-Use the `error` prop to show the `HelpText` in error state
+Use the `severity` prop and `SEVERITIES` object to change the severity of the `HelpText`
 
 <Canvas>
-  <Story id="components-componentlibrary-helptext--error-story" />
+  <Story id="components-componentlibrary-helptext--severity-story" />
 </Canvas>
 
 ```jsx
+import { SEVERITIES } from '../../../helpers/constants/design-system';
 import { HelpText } from '../../component-library';
 
-<HelpText error>This HelpText in error state</HelpText>;
+<HelpText>HelpText without severity prop</HelpText>
+<HelpText severity={SEVERITIES.DANGER}>
+  HelpText with severity: SEVERITY.DANGER
+</HelpText>
+<HelpText severity={SEVERITIES.SUCCESS}>
+  HelpText with severity: SEVERITY.SUCCESS
+</HelpText>
+<HelpText severity={SEVERITIES.WARNING}>
+  HelpText with severity: SEVERITY.WARNING
+</HelpText>
+<HelpText severity={SEVERITIES.INFO}>
+  HelpText with severity: SEVERITY.INFO
+</HelpText>
 ```
 
 ### Color
@@ -72,18 +81,13 @@ It may be useful to change the color of the `HelpText`. Use the `color` prop and
 import { Color } from '../../../helpers/constants/design-system';
 import { HelpText } from '../../component-library';
 
-<Box display={DISPLAY.FLEX} flexDirection={FLEX_DIRECTION.COLUMN} gap={2}>
-  <HelpText color={Color.textDefault} {...args}>
-    This HelpText default color is Color.textDefault
-  </HelpText>
-  <HelpText color={Color.infoDefault} {...args}>
-    This HelpText color is Color.infoDefault
-  </HelpText>
-  <HelpText color={Color.warningDefault} {...args}>
-    This HelpText color is Color.warningDefault
-  </HelpText>
-  <HelpText color={Color.successDefault} {...args}>
-    This HelpText color is Color.successDefault
-  </HelpText>
-</Box>;
+<HelpText color={TextColor.textDefault}>
+  This HelpText default color is TextColor.textDefault
+</HelpText>
+<HelpText color={TextColor.textAlternative}>
+  This HelpText color is TextColor.textAlternative
+</HelpText>
+<HelpText color={TextColor.textMuted}>
+  This HelpText color is TextColor.textMuted
+</HelpText>
 ```
diff --git a/ui/components/component-library/help-text/__snapshots__/help-text.test.js.snap b/ui/components/component-library/help-text/__snapshots__/help-text.test.js.snap
index d577153b0..ed326ae49 100644
--- a/ui/components/component-library/help-text/__snapshots__/help-text.test.js.snap
+++ b/ui/components/component-library/help-text/__snapshots__/help-text.test.js.snap
@@ -1,11 +1,11 @@
 // Jest Snapshot v1, https://goo.gl/fbAQLP
 
-exports[`HelpText should render with text inside the HelpText 1`] = `
+exports[`HelpText should match snapshot 1`] = `
 <div>
-  <span
+  <p
     class="box mm-text mm-help-text mm-text--body-xs mm-text--color-text-default box--flex-direction-row"
   >
     help text
-  </span>
+  </p>
 </div>
 `;
diff --git a/ui/components/component-library/help-text/help-text.js b/ui/components/component-library/help-text/help-text.js
index c60f04fe3..a375e3228 100644
--- a/ui/components/component-library/help-text/help-text.js
+++ b/ui/components/component-library/help-text/help-text.js
@@ -6,34 +6,46 @@ import {
   Color,
   TextVariant,
   TextColor,
+  SEVERITIES,
 } from '../../../helpers/constants/design-system';
 
 import { Text } from '../text';
 
 export const HelpText = ({
-  error,
+  severity,
   color = Color.textDefault,
   className,
   children,
   ...props
-}) => (
-  <Text
-    className={classnames('mm-help-text', className)}
-    as="span"
-    variant={TextVariant.bodyXs}
-    color={error ? Color.errorDefault : color}
-    {...props}
-  >
-    {children}
-  </Text>
-);
-
+}) => {
+  const severityColor = () => {
+    switch (severity) {
+      case SEVERITIES.DANGER:
+        return TextColor.errorDefault;
+      case SEVERITIES.WARNING:
+        return TextColor.warningDefault;
+      case SEVERITIES.SUCCESS:
+        return TextColor.successDefault;
+      case SEVERITIES.INFO:
+        return TextColor.infoDefault;
+      // Defaults to SEVERITIES.INFO
+      default:
+        return TextColor.textDefault;
+    }
+  };
+  return (
+    <Text
+      className={classnames('mm-help-text', className)}
+      as={children && typeof children === 'object' ? 'div' : 'p'}
+      variant={TextVariant.bodyXs}
+      color={severity ? severityColor() : color}
+      {...props}
+    >
+      {children}
+    </Text>
+  );
+};
 HelpText.propTypes = {
-  /**
-   * If the HelperText should display in error state
-   * Will override the color prop if true
-   */
-  error: PropTypes.bool,
   /**
    * The color of the HelpText will be overridden if error is true
    * Defaults to Color.textDefault
diff --git a/ui/components/component-library/help-text/help-text.stories.js b/ui/components/component-library/help-text/help-text.stories.js
index 9284fe526..5f7a0d47f 100644
--- a/ui/components/component-library/help-text/help-text.stories.js
+++ b/ui/components/component-library/help-text/help-text.stories.js
@@ -2,9 +2,10 @@ import React from 'react';
 import {
   DISPLAY,
   FLEX_DIRECTION,
-  Color,
+  IconColor,
   TextColor,
   Size,
+  SEVERITIES,
 } from '../../../helpers/constants/design-system';
 
 import Box from '../../ui/box';
@@ -31,8 +32,9 @@ export default {
     className: {
       control: 'text',
     },
-    error: {
-      control: 'boolean',
+    severity: {
+      control: 'select',
+      options: Object.values(SEVERITIES),
     },
     color: {
       control: 'select',
@@ -52,38 +54,49 @@ DefaultStory.storyName = 'Default';
 export const Children = (args) => (
   <Box display={DISPLAY.FLEX} flexDirection={FLEX_DIRECTION.COLUMN} gap={2}>
     <HelpText {...args}>Plain text</HelpText>
-    <HelpText {...args}>
-      Text and icon
+    <HelpText>
+      <span>Text and icon</span>
       <Icon
         marginLeft={1}
-        color={Color.inherit}
+        color={IconColor.iconAlternative}
         name={ICON_NAMES.WARNING}
         size={Size.inherit}
+        as="span"
       />
     </HelpText>
   </Box>
 );
 
-export const ErrorStory = (args) => (
-  <HelpText error {...args}>
-    This HelpText in error state
-  </HelpText>
+export const SeverityStory = (args) => (
+  <>
+    <HelpText {...args}>HelpText without severity prop</HelpText>
+    <HelpText {...args} severity={SEVERITIES.DANGER}>
+      HelpText with severity: SEVERITY.DANGER
+    </HelpText>
+    <HelpText {...args} severity={SEVERITIES.SUCCESS}>
+      HelpText with severity: SEVERITY.SUCCESS
+    </HelpText>
+    <HelpText {...args} severity={SEVERITIES.WARNING}>
+      HelpText with severity: SEVERITY.WARNING
+    </HelpText>
+    <HelpText {...args} severity={SEVERITIES.INFO}>
+      HelpText with severity: SEVERITY.INFO
+    </HelpText>
+  </>
 );
-ErrorStory.storyName = 'Error';
+
+SeverityStory.storyName = 'Severity';
 
 export const ColorStory = (args) => (
   <Box display={DISPLAY.FLEX} flexDirection={FLEX_DIRECTION.COLUMN} gap={2}>
-    <HelpText color={Color.textDefault} {...args}>
-      This HelpText default color is Color.textDefault
+    <HelpText color={TextColor.textDefault} {...args}>
+      This HelpText default color is TextColor.textDefault
     </HelpText>
-    <HelpText color={Color.infoDefault} {...args}>
-      This HelpText color is Color.infoDefault
+    <HelpText color={TextColor.textAlternative} {...args}>
+      This HelpText color is TextColor.textAlternative
     </HelpText>
-    <HelpText color={Color.warningDefault} {...args}>
-      This HelpText color is Color.warningDefault
-    </HelpText>
-    <HelpText color={Color.successDefault} {...args}>
-      This HelpText color is Color.successDefault
+    <HelpText color={TextColor.textMuted} {...args}>
+      This HelpText color is TextColor.textMuted
     </HelpText>
   </Box>
 );
diff --git a/ui/components/component-library/help-text/help-text.test.js b/ui/components/component-library/help-text/help-text.test.js
index d17c699b7..a57702c08 100644
--- a/ui/components/component-library/help-text/help-text.test.js
+++ b/ui/components/component-library/help-text/help-text.test.js
@@ -1,16 +1,19 @@
 /* eslint-disable jest/require-top-level-describe */
 import { render } from '@testing-library/react';
 import React from 'react';
-import { Color } from '../../../helpers/constants/design-system';
+import { Color, SEVERITIES } from '../../../helpers/constants/design-system';
 import { Icon, ICON_NAMES } from '../icon';
 
 import { HelpText } from './help-text';
 
 describe('HelpText', () => {
   it('should render with text inside the HelpText', () => {
-    const { getByText, container } = render(<HelpText>help text</HelpText>);
+    const { getByText } = render(<HelpText>help text</HelpText>);
     expect(getByText('help text')).toBeDefined();
     expect(getByText('help text')).toHaveClass('mm-help-text');
+  });
+  it('should match snapshot', () => {
+    const { container } = render(<HelpText>help text</HelpText>);
     expect(container).toMatchSnapshot();
   });
   it('should render with and additional className', () => {
@@ -29,22 +32,50 @@ describe('HelpText', () => {
     expect(getByText('help text')).toBeDefined();
     expect(getByTestId('icon')).toBeDefined();
   });
-  it('should render with error state', () => {
-    const { getByText } = render(<HelpText error>error</HelpText>);
+  it('should render with severities', () => {
+    const { getByText } = render(
+      <>
+        <HelpText severity={SEVERITIES.DANGER}>error</HelpText>
+        <HelpText severity={SEVERITIES.SUCCESS}>success</HelpText>
+        <HelpText severity={SEVERITIES.WARNING}>warning</HelpText>
+        <HelpText severity={SEVERITIES.INFO}>info</HelpText>
+      </>,
+    );
     expect(getByText('error')).toHaveClass('mm-text--color-error-default');
+    expect(getByText('success')).toHaveClass('mm-text--color-success-default');
+    expect(getByText('warning')).toHaveClass('mm-text--color-warning-default');
+    expect(getByText('info')).toHaveClass('mm-text--color-info-default');
   });
   it('should render with different colors', () => {
     const { getByText } = render(
       <>
         <HelpText>default</HelpText>
-        <HelpText color={Color.warningDefault}>warning</HelpText>
-        <HelpText color={Color.successDefault}>success</HelpText>
-        <HelpText color={Color.infoDefault}>info</HelpText>
+        <HelpText color={Color.textDefault}>text default</HelpText>
+        <HelpText color={Color.textAlternative}>text alternative</HelpText>
+        <HelpText color={Color.textMuted}>text muted</HelpText>
       </>,
     );
     expect(getByText('default')).toHaveClass('mm-text--color-text-default');
-    expect(getByText('warning')).toHaveClass('mm-text--color-warning-default');
-    expect(getByText('success')).toHaveClass('mm-text--color-success-default');
-    expect(getByText('info')).toHaveClass('mm-text--color-info-default');
+    expect(getByText('text default')).toHaveClass(
+      'mm-text--color-text-default',
+    );
+    expect(getByText('text alternative')).toHaveClass(
+      'mm-text--color-text-alternative',
+    );
+    expect(getByText('text muted')).toHaveClass('mm-text--color-text-muted');
+  });
+  it('should render with a different html element if children is an object', () => {
+    const { getByText, getByTestId } = render(
+      <>
+        <HelpText>help text as p</HelpText>
+        <HelpText data-testid="help-text-div">
+          <span>help text as div</span> <Icon name={ICON_NAMES.WARNING} />
+        </HelpText>
+      </>,
+    );
+    expect(getByText('help text as p')).toBeDefined();
+    expect(getByText('help text as p').tagName).toBe('P');
+    expect(getByText('help text as div')).toBeDefined();
+    expect(getByTestId('help-text-div').tagName).toBe('DIV');
   });
 });
diff --git a/ui/pages/keychains/reveal-seed.js b/ui/pages/keychains/reveal-seed.js
index 93fa17bb8..82d4b90a5 100644
--- a/ui/pages/keychains/reveal-seed.js
+++ b/ui/pages/keychains/reveal-seed.js
@@ -138,7 +138,7 @@ const RevealSeedPage = () => {
           error={error}
           width={BLOCK_SIZES.FULL}
         />
-        {error && <HelpText error>{error}</HelpText>}
+        {error && <HelpText severity={SEVERITIES.DANGER}>{error}</HelpText>}
       </form>
     );
   };