diff --git a/src/pretix/presale/templates/pretixpresale/event/index.html b/src/pretix/presale/templates/pretixpresale/event/index.html
index 83cf723695..cdc10f3f51 100644
--- a/src/pretix/presale/templates/pretixpresale/event/index.html
+++ b/src/pretix/presale/templates/pretixpresale/event/index.html
@@ -442,7 +442,7 @@
             </form>
         {% endif %}
     {% endif %}
-    {% if vouchers_exist %}
+    {% if show_vouchers %}
         <section class="front-page">
             <h3>{% trans "Redeem a voucher" %}</h3>
             <form method="get" action="{% eventurl event "presale:event.redeem" cart_namespace=cart_namespace %}">
diff --git a/src/pretix/presale/views/event.py b/src/pretix/presale/views/event.py
index 1766127c0a..aeccdb67d5 100644
--- a/src/pretix/presale/views/event.py
+++ b/src/pretix/presale/views/event.py
@@ -227,15 +227,20 @@ class EventIndex(EventViewMixin, CartMixin, TemplateView):
             context['items_by_category'] = item_group_by_category(items)
             context['display_add_to_cart'] = display_add_to_cart
 
+            # Show voucher option if an event is selected and vouchers exist
+            vouchers_exist = self.request.event.cache.get('vouchers_exist')
+            if vouchers_exist is None:
+                vouchers_exist = self.request.event.vouchers.exists()
+                self.request.event.cache.set('vouchers_exist', vouchers_exist)
+            context['show_vouchers'] = vouchers_exist
+        else:
+            context['show_vouchers'] = False
+
+        context['ev'] = self.subevent or self.request.event
         context['subevent'] = self.subevent
         context['cart'] = self.get_cart()
         context['has_addon_choices'] = get_cart(self.request).filter(item__addons__isnull=False).exists()
-        vouchers_exist = self.request.event.cache.get('vouchers_exist')
-        if vouchers_exist is None:
-            vouchers_exist = self.request.event.vouchers.exists()
-            self.request.event.cache.set('vouchers_exist', vouchers_exist)
-        context['vouchers_exist'] = vouchers_exist
-        context['ev'] = self.subevent or self.request.event
+
         if self.subevent:
             context['frontpage_text'] = str(self.subevent.frontpage_text)
         else: