diff --git a/src/pretix/base/models/orders.py b/src/pretix/base/models/orders.py
index c2f8a78a41..5f901f9686 100644
--- a/src/pretix/base/models/orders.py
+++ b/src/pretix/base/models/orders.py
@@ -830,7 +830,7 @@ class Order(LockModel, LoggedModel):
     @property
     def is_expired_by_time(self):
         return (
-            self.status == Order.STATUS_PENDING and self.expires < now()
+            self.status == Order.STATUS_PENDING and not self.require_approval and self.expires < now()
             and not self.event.settings.get('payment_term_expire_automatically')
         )