diff --git a/components/brave_rewards/browser/publisher_info_database.cc b/components/brave_rewards/browser/publisher_info_database.cc
index 41c0bb6b79ee..4a7145a8252c 100644
--- a/components/brave_rewards/browser/publisher_info_database.cc
+++ b/components/brave_rewards/browser/publisher_info_database.cc
@@ -24,7 +24,7 @@ namespace brave_rewards {
 
 namespace {
 
-const int kCurrentVersionNumber = 4;
+const int kCurrentVersionNumber = 5;
 const int kCompatibleVersionNumber = 1;
 
 }  // namespace
@@ -1079,6 +1079,33 @@ bool PublisherInfoDatabase::MigrateV3toV4() {
   return false;
 }
 
+bool PublisherInfoDatabase::MigrateV4toV5() {
+  sql::Transaction transaction(&GetDB());
+  if (!transaction.Begin()) {
+    return false;
+  }
+
+  sql::Statement info_sql(db_.GetUniqueStatement(
+      "SELECT publisher_id, month, year, reconcile_stamp "
+      "FROM activity_info "
+      "WHERE visits = 0"));
+
+  while (info_sql.Step()) {
+    sql::Statement statement(GetDB().GetCachedStatement(SQL_FROM_HERE,
+      "UPDATE activity_info SET visits = 1 "
+      "WHERE publisher_id = ? AND month = ? AND "
+      "year = ? AND reconcile_stamp = ?"));
+
+    statement.BindString(0, info_sql.ColumnString(0));
+    statement.BindInt(1, info_sql.ColumnInt(1));
+    statement.BindInt(2, info_sql.ColumnInt(2));
+    statement.BindInt64(3, info_sql.ColumnInt64(3));
+    statement.Run();
+  }
+
+  return transaction.Commit();
+}
+
 sql::InitStatus PublisherInfoDatabase::EnsureCurrentVersion() {
   DCHECK_CALLED_ON_VALID_SEQUENCE(sequence_checker_);
 
@@ -1112,6 +1139,13 @@ sql::InitStatus PublisherInfoDatabase::EnsureCurrentVersion() {
     }
   }
 
+  // to version 5
+  if (old_version < 5 && cur_version < 6) {
+    if (!MigrateV4toV5()) {
+      LOG(ERROR) << "DB: Error with MigrateV4toV5";
+    }
+  }
+
   meta_table_.SetVersionNumber(cur_version);
   return sql::INIT_OK;
 }
diff --git a/components/brave_rewards/browser/publisher_info_database.h b/components/brave_rewards/browser/publisher_info_database.h
index c539c3d2d57e..6632498957e9 100644
--- a/components/brave_rewards/browser/publisher_info_database.h
+++ b/components/brave_rewards/browser/publisher_info_database.h
@@ -121,6 +121,8 @@ class PublisherInfoDatabase {
 
   bool MigrateV3toV4();
 
+  bool MigrateV4toV5();
+
   sql::InitStatus EnsureCurrentVersion();
 
   sql::Database db_;
diff --git a/components/brave_rewards/browser/publisher_info_database_unittest.cc b/components/brave_rewards/browser/publisher_info_database_unittest.cc
index 5e567a32faa6..5fec80bc1653 100644
--- a/components/brave_rewards/browser/publisher_info_database_unittest.cc
+++ b/components/brave_rewards/browser/publisher_info_database_unittest.cc
@@ -10,8 +10,10 @@
 #include "base/files/file_path.h"
 #include "base/files/file_util.h"
 #include "base/files/scoped_temp_dir.h"
+#include "base/path_service.h"
 #include "base/strings/string_util.h"
 #include "base/strings/utf_string_conversions.h"
+#include "brave/common/brave_paths.h"
 #include "sql/database.h"
 #include "sql/statement.h"
 #include "third_party/sqlite/sqlite3.h"
@@ -45,6 +47,33 @@ class PublisherInfoDatabaseTest : public ::testing::Test {
     ASSERT_NE(publisher_info_database_, nullptr);
   }
 
+  void CreateMigrationDatabase(base::ScopedTempDir* temp_dir,
+                               base::FilePath* db_file,
+                               const std::string& version) {
+    const std::string file_name = "publisher_info_db_v" + version;
+    ASSERT_TRUE(temp_dir->CreateUniqueTempDir());
+    *db_file = temp_dir->GetPath().AppendASCII(file_name);
+
+    // Get test data migration file
+    base::FilePath path;
+    ASSERT_TRUE(base::PathService::Get(brave::DIR_TEST_DATA, &path));
+    path = path.AppendASCII("rewards-data");
+    ASSERT_TRUE(base::PathExists(path));
+    path = path.AppendASCII("migration");
+    ASSERT_TRUE(base::PathExists(path));
+    path = path.AppendASCII(file_name);
+    ASSERT_TRUE(base::PathExists(path));
+
+    // Move it to temp dir
+    bool result = base::CopyFile(path, *db_file);
+    ASSERT_TRUE(result);
+    ASSERT_TRUE(base::PathExists(*db_file));
+
+    publisher_info_database_ =
+    std::make_unique<PublisherInfoDatabase>(*db_file);
+    ASSERT_NE(publisher_info_database_, nullptr);
+  }
+
   int CountTableRows(const std::string& table) {
     std::string sql = "SELECT COUNT(*) FROM " + table;
     sql::Statement s(GetDB().GetUniqueStatement(sql.c_str()));
@@ -748,4 +777,23 @@ TEST_F(PublisherInfoDatabaseTest, GetActivityList) {
   EXPECT_EQ(list_4.at(1).id, "publisher_6");
 }
 
+TEST_F(PublisherInfoDatabaseTest, Migrationv4tov5) {
+  base::ScopedTempDir temp_dir;
+  base::FilePath db_file;
+  CreateMigrationDatabase(&temp_dir, &db_file, "4");
+
+  ledger::PublisherInfoList list;
+  ledger::ActivityInfoFilter filter;
+  filter.excluded = ledger::EXCLUDE_FILTER::FILTER_ALL;
+  EXPECT_TRUE(publisher_info_database_->GetActivityList(0, 0, filter, &list));
+  EXPECT_EQ(static_cast<int>(list.size()), 3);
+
+  EXPECT_EQ(list.at(0).id, "brave.com");
+  EXPECT_EQ(list.at(0).visits, 1u);
+  EXPECT_EQ(list.at(1).id, "slo-tech.com");
+  EXPECT_EQ(list.at(1).visits, 1u);
+  EXPECT_EQ(list.at(2).id, "basicattentiontoken.org");
+  EXPECT_EQ(list.at(2).visits, 3u);
+}
+
 }  // namespace brave_rewards
diff --git a/test/data/rewards-data/migration/publisher_info_db_v4 b/test/data/rewards-data/migration/publisher_info_db_v4
new file mode 100644
index 000000000000..244d4dbac054
Binary files /dev/null and b/test/data/rewards-data/migration/publisher_info_db_v4 differ