diff --git a/electrum/gui/qt/util.py b/electrum/gui/qt/util.py
index 8d1e54c13..fce6f4474 100644
--- a/electrum/gui/qt/util.py
+++ b/electrum/gui/qt/util.py
@@ -813,6 +813,8 @@ class MyTreeView(QTreeView):
                 return row
 
     def refresh_all(self):
+        if self.maybe_defer_update():
+            return
         for row in range(0, self.std_model.rowCount()):
             item = self.std_model.item(row, 0)
             key = item.data(self.key_role)