diff --git a/cypress/e2e/34-template-credentials-setup.cy.ts b/cypress/e2e/34-template-credentials-setup.cy.ts
index e8fadc141..984a4f5c5 100644
--- a/cypress/e2e/34-template-credentials-setup.cy.ts
+++ b/cypress/e2e/34-template-credentials-setup.cy.ts
@@ -202,6 +202,8 @@ describe('Template credentials setup', () => {
 				});
 			});
 
+			getSetupWorkflowCredentialsButton().should('not.exist');
+
 			// We need to save the workflow or otherwise a browser native popup
 			// will block cypress from continuing
 			workflowPage.actions.saveWorkflowOnButtonClick();
diff --git a/packages/cli/src/workflows/workflow.service.ts b/packages/cli/src/workflows/workflow.service.ts
index a216470d9..5a6a321d7 100644
--- a/packages/cli/src/workflows/workflow.service.ts
+++ b/packages/cli/src/workflows/workflow.service.ts
@@ -206,6 +206,7 @@ export class WorkflowService {
 				'active',
 				'nodes',
 				'connections',
+				'meta',
 				'settings',
 				'staticData',
 				'pinData',
diff --git a/packages/cli/test/integration/workflows.controller.test.ts b/packages/cli/test/integration/workflows.controller.test.ts
index 79846b0d4..a85dfee77 100644
--- a/packages/cli/test/integration/workflows.controller.test.ts
+++ b/packages/cli/test/integration/workflows.controller.test.ts
@@ -609,6 +609,25 @@ describe('PATCH /workflows/:id', () => {
 		expect(versionId).toBe(workflow.versionId);
 		expect(active).toBe(false);
 	});
+
+	test('should update workflow meta', async () => {
+		const workflow = await createWorkflow({}, owner);
+		const payload = {
+			...workflow,
+			meta: {
+				templateCredsSetupCompleted: true,
+			},
+		};
+
+		const response = await authOwnerAgent.patch(`/workflows/${workflow.id}`).send(payload);
+
+		const { data: updatedWorkflow } = response.body;
+
+		expect(response.statusCode).toBe(200);
+
+		expect(updatedWorkflow.id).toBe(workflow.id);
+		expect(updatedWorkflow.meta).toEqual(payload.meta);
+	});
 });
 
 describe('POST /workflows/run', () => {
diff --git a/packages/editor-ui/src/Interface.ts b/packages/editor-ui/src/Interface.ts
index 4efc1fa19..560b28dbf 100644
--- a/packages/editor-ui/src/Interface.ts
+++ b/packages/editor-ui/src/Interface.ts
@@ -274,6 +274,7 @@ export interface WorkflowMetadata {
 	onboardingId?: string;
 	templateId?: string;
 	instanceId?: string;
+	templateCredsSetupCompleted?: boolean;
 }
 
 // Almost identical to cli.Interfaces.ts
diff --git a/packages/editor-ui/src/components/SetupWorkflowCredentialsButton/SetupWorkflowCredentialsButton.vue b/packages/editor-ui/src/components/SetupWorkflowCredentialsButton/SetupWorkflowCredentialsButton.vue
index 8d7bc0e53..82302346e 100644
--- a/packages/editor-ui/src/components/SetupWorkflowCredentialsButton/SetupWorkflowCredentialsButton.vue
+++ b/packages/editor-ui/src/components/SetupWorkflowCredentialsButton/SetupWorkflowCredentialsButton.vue
@@ -1,12 +1,12 @@
 <script lang="ts" setup>
+import { computed, onBeforeUnmount, watch } from 'vue';
 import { useI18n } from '@/composables/useI18n';
 import { SETUP_CREDENTIALS_MODAL_KEY, TEMPLATE_CREDENTIAL_SETUP_EXPERIMENT } from '@/constants';
 import { useNodeTypesStore } from '@/stores/nodeTypes.store';
 import { usePostHog } from '@/stores/posthog.store';
 import { useUIStore } from '@/stores/ui.store';
 import { useWorkflowsStore } from '@/stores/workflows.store';
-import { doesNodeHaveCredentialsToFill } from '@/utils/nodes/nodeTransforms';
-import { computed, onBeforeUnmount } from 'vue';
+import { doesNodeHaveAllCredentialsFilled } from '@/utils/nodes/nodeTransforms';
 
 const workflowsStore = useWorkflowsStore();
 const nodeTypesStore = useNodeTypesStore();
@@ -14,15 +14,41 @@ const uiStore = useUIStore();
 const posthogStore = usePostHog();
 const i18n = useI18n();
 
-const showButton = computed(() => {
-	const isFeatureEnabled = posthogStore.isFeatureEnabled(TEMPLATE_CREDENTIAL_SETUP_EXPERIMENT);
-	const isCreatedFromTemplate = !!workflowsStore.workflow?.meta?.templateId;
-	if (!isFeatureEnabled || !isCreatedFromTemplate) {
+const isTemplateSetupCompleted = computed(() => {
+	return !!workflowsStore.workflow?.meta?.templateCredsSetupCompleted;
+});
+
+const allCredentialsFilled = computed(() => {
+	if (isTemplateSetupCompleted.value) {
+		return true;
+	}
+
+	const nodes = workflowsStore.getNodes();
+	if (!nodes.length) {
 		return false;
 	}
 
-	const nodes = workflowsStore.workflow?.nodes ?? [];
-	return nodes.some((node) => doesNodeHaveCredentialsToFill(nodeTypesStore, node));
+	return nodes.every((node) => doesNodeHaveAllCredentialsFilled(nodeTypesStore, node));
+});
+
+const showButton = computed(() => {
+	const isFeatureEnabled = posthogStore.isFeatureEnabled(TEMPLATE_CREDENTIAL_SETUP_EXPERIMENT);
+	const isCreatedFromTemplate = !!workflowsStore.workflow?.meta?.templateId;
+	if (!isFeatureEnabled || !isCreatedFromTemplate || isTemplateSetupCompleted.value) {
+		return false;
+	}
+
+	return !allCredentialsFilled.value;
+});
+
+const unsubscribe = watch(allCredentialsFilled, (newValue) => {
+	if (newValue) {
+		workflowsStore.addToWorkflowMetadata({
+			templateCredsSetupCompleted: true,
+		});
+
+		unsubscribe();
+	}
 });
 
 const handleClick = () => {
diff --git a/packages/editor-ui/src/utils/nodes/nodeTransforms.ts b/packages/editor-ui/src/utils/nodes/nodeTransforms.ts
index 0cdad985a..664895ba8 100644
--- a/packages/editor-ui/src/utils/nodes/nodeTransforms.ts
+++ b/packages/editor-ui/src/utils/nodes/nodeTransforms.ts
@@ -32,6 +32,9 @@ export function getNodeTypeDisplayableCredentials(
 	return displayableCredentials;
 }
 
+/**
+ * Checks if the given node has credentials that can be filled.
+ */
 export function doesNodeHaveCredentialsToFill(
 	nodeTypeProvider: NodeTypeProvider,
 	node: Pick<INodeUi, 'parameters' | 'type' | 'typeVersion'>,
@@ -40,3 +43,31 @@ export function doesNodeHaveCredentialsToFill(
 
 	return requiredCredentials.length > 0;
 }
+
+/**
+ * Does node has the given credential filled
+ *
+ * @param credentialName E.g. "telegramApi"
+ */
+export function hasNodeCredentialFilled(
+	node: Pick<INodeUi, 'credentials'>,
+	credentialName: string,
+): boolean {
+	if (!node.credentials) {
+		return false;
+	}
+
+	return !!node.credentials[credentialName];
+}
+
+/**
+ * Checks if the given node has all credentials filled.
+ */
+export function doesNodeHaveAllCredentialsFilled(
+	nodeTypeProvider: NodeTypeProvider,
+	node: Pick<INodeUi, 'parameters' | 'type' | 'typeVersion' | 'credentials'>,
+): boolean {
+	const requiredCredentials = getNodeTypeDisplayableCredentials(nodeTypeProvider, node);
+
+	return requiredCredentials.every((cred) => hasNodeCredentialFilled(node, cred.name));
+}