diff --git a/src/init.cpp b/src/init.cpp
index cd06e0c20..6e6e4beed 100644
--- a/src/init.cpp
+++ b/src/init.cpp
@@ -575,7 +575,7 @@ bool AppInit2(boost::thread_group& threadGroup)
     {
         if (!ParseMoney(mapArgs["-paytxfee"], nTransactionFee))
             return InitError(strprintf(_("Invalid amount for -paytxfee=<amount>: '%s'"), mapArgs["-paytxfee"]));
-        if (nTransactionFee > 0.25 * COIN)
+        if (nTransactionFee > nHighTransactionFeeWarning)
             InitWarning(_("Warning: -paytxfee is set very high! This is the transaction fee you will pay if you send a transaction."));
     }
     bSpendZeroConfChange = GetArg("-spendzeroconfchange", true);
diff --git a/src/wallet.h b/src/wallet.h
index 487c258a2..ef02c90ed 100644
--- a/src/wallet.h
+++ b/src/wallet.h
@@ -27,6 +27,9 @@
 extern int64_t nTransactionFee;
 extern bool bSpendZeroConfChange;
 
+// -paytxfee will warn if called with a higher fee than this amount (in satoshis) per KB
+static const int nHighTransactionFeeWarning = 0.01 * COIN;
+
 class CAccountingEntry;
 class CCoinControl;
 class COutput;