diff --git a/src/simplewallet/simplewallet.cpp b/src/simplewallet/simplewallet.cpp
index bb9049015..d3b61c631 100644
--- a/src/simplewallet/simplewallet.cpp
+++ b/src/simplewallet/simplewallet.cpp
@@ -573,7 +573,7 @@ bool simple_wallet::open_wallet(const string &wallet_file, const std::string& pa
         "a deprecated version of the wallet. Please proceed to upgrade your wallet.\n";
       std::string mnemonic_language = get_mnemonic_language();
       m_wallet->set_seed_language(mnemonic_language);
-      m_wallet->generate(m_wallet_file, password, m_recovery_key, false, true);
+      m_wallet->rewrite(m_wallet_file, password);
     }
   }
   catch (const std::exception& e)
diff --git a/src/wallet/wallet2.cpp b/src/wallet/wallet2.cpp
index 013dcbcb1..b4d8068fa 100644
--- a/src/wallet/wallet2.cpp
+++ b/src/wallet/wallet2.cpp
@@ -552,7 +552,8 @@ void wallet2::load_keys(const std::string& keys_file_name, const std::string& pa
  * @param  two_random     Whether it is a non-deterministic wallet
  * @return                The secret key of the generated wallet
  */
-crypto::secret_key wallet2::generate(const std::string& wallet_, const std::string& password, const crypto::secret_key& recovery_param, bool recover, bool two_random)
+crypto::secret_key wallet2::generate(const std::string& wallet_, const std::string& password,
+  const crypto::secret_key& recovery_param, bool recover, bool two_random)
 {
   clear();
   prepare_file_names(wallet_);
@@ -578,6 +579,17 @@ crypto::secret_key wallet2::generate(const std::string& wallet_, const std::stri
   store();
   return retval;
 }
+
+void wallet2::rewrite(const std::string& wallet_name, const std::string& password)
+{
+  prepare_file_names(wallet_name);
+  boost::system::error_code ignored_ec;
+  THROW_WALLET_EXCEPTION_IF(!boost::filesystem::exists(m_wallet_file, ignored_ec), error::file_not_found, m_wallet_file);
+  THROW_WALLET_EXCEPTION_IF(!boost::filesystem::exists(m_keys_file, ignored_ec), error::file_not_found, m_keys_file);
+  bool r = store_keys(m_keys_file, password);
+  THROW_WALLET_EXCEPTION_IF(!r, error::file_save_error, m_keys_file);
+  store();
+}
 //----------------------------------------------------------------------------------------------------
 void wallet2::wallet_exists(const std::string& file_path, bool& keys_file_exists, bool& wallet_file_exists)
 {
diff --git a/src/wallet/wallet2.h b/src/wallet/wallet2.h
index c3dfa4df6..90b0ec331 100644
--- a/src/wallet/wallet2.h
+++ b/src/wallet/wallet2.h
@@ -133,7 +133,10 @@ namespace tools
       END_SERIALIZE()
     };
 
-    crypto::secret_key generate(const std::string& wallet, const std::string& password, const crypto::secret_key& recovery_param = crypto::secret_key(), bool recover = false, bool two_random = false);
+    crypto::secret_key generate(const std::string& wallet, const std::string& password,
+      const crypto::secret_key& recovery_param = crypto::secret_key(), bool recover = false,
+      bool two_random = false);
+    void rewrite(const std::string& wallet_name, const std::string& password);
     void load(const std::string& wallet, const std::string& password);
     void store();
     cryptonote::account_base& get_account(){return m_account;}