diff --git a/app/controllers/simplefin_items_controller.rb b/app/controllers/simplefin_items_controller.rb
index e3873ca1a..8ee030f63 100644
--- a/app/controllers/simplefin_items_controller.rb
+++ b/app/controllers/simplefin_items_controller.rb
@@ -58,7 +58,8 @@ class SimplefinItemsController < ApplicationController
       [ "Credit Card", "CreditCard" ],
       [ "Investment Account", "Investment" ],
       [ "Loan or Mortgage", "Loan" ],
-      [ "Other Asset", "OtherAsset" ]
+      [ "Other Asset", "OtherAsset" ],
+      [ "Skip - don't add", "Skip" ]
     ]
 
     # Subtype options for each account type
diff --git a/app/javascript/controllers/account_type_selector_controller.js b/app/javascript/controllers/account_type_selector_controller.js
index a0f492075..1f794ef0e 100644
--- a/app/javascript/controllers/account_type_selector_controller.js
+++ b/app/javascript/controllers/account_type_selector_controller.js
@@ -26,6 +26,11 @@ export default class extends Controller {
       }
     })
     
+   // Don't show any subtype select for Skip option
+   if (selectedType === 'Skip') {
+    return
+  }
+
     // Show the relevant subtype select
     const relevantSubtype = container.querySelector(`[data-type="${selectedType}"]`)
     if (relevantSubtype) {
diff --git a/app/views/simplefin_items/setup_accounts.html.erb b/app/views/simplefin_items/setup_accounts.html.erb
index 04e388be8..7b357e2d3 100644
--- a/app/views/simplefin_items/setup_accounts.html.erb
+++ b/app/views/simplefin_items/setup_accounts.html.erb
@@ -29,6 +29,7 @@
                 <li><strong>Investment</strong> - Brokerage, 401(k), IRA accounts</li>
                 <li><strong>Loan or Mortgage</strong> - Debt accounts</li>
                 <li><strong>Other Asset</strong> - Everything else</li>
+                <li><strong>Skip - don't add</strong> - Don't import this account</li>
               </ul>
             </div>
           </div>