diff --git a/electrum/gui/qml/qewallet.py b/electrum/gui/qml/qewallet.py
index 9f5cbd9fb..5e20bf87c 100644
--- a/electrum/gui/qml/qewallet.py
+++ b/electrum/gui/qml/qewallet.py
@@ -366,7 +366,7 @@ class QEWallet(AuthMixin, QObject, QtEventListener):
 
     @pyqtProperty(str, notify=dataChanged)
     def seedType(self):
-        return self.wallet.db.get('seed_type')
+        return self.wallet.get_seed_type()
 
     @pyqtProperty(bool, notify=dataChanged)
     def isWatchOnly(self):
diff --git a/electrum/gui/qt/wallet_info_dialog.py b/electrum/gui/qt/wallet_info_dialog.py
index ce3901625..61cf4b7cc 100644
--- a/electrum/gui/qt/wallet_info_dialog.py
+++ b/electrum/gui/qt/wallet_info_dialog.py
@@ -36,9 +36,7 @@ class WalletInfoDialog(WindowModalDialog):
         seed_available = _('False')
         if wallet.has_seed():
             seed_available = _('True')
-            ks = wallet.keystore
-            assert isinstance(ks, keystore.Deterministic_KeyStore)
-            seed_available += f" ({ks.get_seed_type()})"
+            seed_available += f" ({wallet.get_seed_type()})"
         keystore_types = [k.get_type_text() for k in wallet.get_keystores()]
         grid = QGridLayout()
         basename = os.path.basename(wallet.storage.path)
@@ -74,7 +72,7 @@ class WalletInfoDialog(WindowModalDialog):
                 label = IconLabel(text='Enabled, non-recoverable channels')
                 label.setIcon(read_QIcon('cloud_no'))
                 grid.addWidget(label, cur_row, 1)
-                if wallet.db.get('seed_type') == 'segwit':
+                if wallet.get_seed_type() == 'segwit':
                     msg = _("Your channels cannot be recovered from seed, because they were created with an old version of Electrum. "
                             "This means that you must save a backup of your wallet everytime you create a new channel.\n\n"
                             "If you want this wallet to have recoverable channels, you must close your existing channels and restore this wallet from seed")
diff --git a/electrum/wallet.py b/electrum/wallet.py
index e04dfab2a..ba7d4fae5 100644
--- a/electrum/wallet.py
+++ b/electrum/wallet.py
@@ -2984,6 +2984,9 @@ class Abstract_Wallet(ABC, Logger, EventListener):
     def has_seed(self) -> bool:
         pass
 
+    def get_seed_type(self) -> Optional[str]:
+        return None
+
     @abstractmethod
     def get_all_known_addresses_beyond_gap_limit(self) -> Set[str]:
         pass
@@ -3512,6 +3515,12 @@ class Deterministic_Wallet(Abstract_Wallet):
     def get_seed(self, password):
         return self.keystore.get_seed(password)
 
+    def get_seed_type(self) -> Optional[str]:
+        if not self.has_seed():
+            return None
+        assert isinstance(self.keystore, keystore.Deterministic_KeyStore), type(self.keystore)
+        return self.keystore.get_seed_type()
+
     def change_gap_limit(self, value):
         '''This method is not called in the code, it is kept for console use'''
         value = int(value)
diff --git a/electrum/wallet_db.py b/electrum/wallet_db.py
index 5e796717a..3fc6b74e9 100644
--- a/electrum/wallet_db.py
+++ b/electrum/wallet_db.py
@@ -67,7 +67,7 @@ class WalletUnfinished(WalletFileException):
 # seed_version is now used for the version of the wallet file
 OLD_SEED_VERSION = 4        # electrum versions < 2.0
 NEW_SEED_VERSION = 11       # electrum versions >= 2.0
-FINAL_SEED_VERSION = 56     # electrum >= 2.7 will set this to prevent
+FINAL_SEED_VERSION = 57     # electrum >= 2.7 will set this to prevent
                             # old versions from overwriting new format
 
 
@@ -227,6 +227,7 @@ class WalletDBUpgrader(Logger):
         self._convert_version_54()
         self._convert_version_55()
         self._convert_version_56()
+        self._convert_version_57()
         self.put('seed_version', FINAL_SEED_VERSION)  # just to be sure
 
     def _convert_wallet_type(self):
@@ -1096,6 +1097,14 @@ class WalletDBUpgrader(Logger):
             item['local_config'].pop('was_announced')
         self.data['seed_version'] = 56
 
+    def _convert_version_57(self):
+        if not self._is_upgrade_method_needed(56, 56):
+            return
+        # The 'seed_type' field could be present both at the top-level and inside keystores.
+        # We delete the one that is top-level.
+        self.data.pop('seed_type', None)
+        self.data['seed_version'] = 57
+
     def _convert_imported(self):
         if not self._is_upgrade_method_needed(0, 13):
             return
diff --git a/electrum/wizard.py b/electrum/wizard.py
index 9c7833542..5307f2455 100644
--- a/electrum/wizard.py
+++ b/electrum/wizard.py
@@ -592,8 +592,6 @@ class NewWalletWizard(AbstractWizard):
         db.set_keystore_encryption(bool(data['password']) and data['encrypt'])
 
         db.put('wallet_type', data['wallet_type'])
-        if 'seed_type' in data:
-            db.put('seed_type', data['seed_type'])
 
         if data['wallet_type'] == 'standard':
             db.put('keystore', k.dump())