diff --git a/src/rpc/rawtransaction.cpp b/src/rpc/rawtransaction.cpp
--- a/src/rpc/rawtransaction.cpp
+++ b/src/rpc/rawtransaction.cpp
@@ -17,6 +17,7 @@
 #include <node/context.h>
 #include <node/psbt.h>
 #include <node/transaction.h>
+#include <policy/policy.h>
 #include <primitives/transaction.h>
 #include <psbt.h>
 #include <random.h>
@@ -42,11 +43,11 @@
 #include <univalue.h>
 
 /**
- * High fee for sendrawtransaction and testmempoolaccept.
- * By default, transaction with a fee higher than this will be rejected by the
- * RPCs. This can be overridden with the maxfeerate argument.
+ * High fee rate for sendrawtransaction and testmempoolaccept.
+ * By default, transaction with a fee rate higher than this will be rejected by
+ * the RPCs. This can be overridden with the maxfeerate argument.
  */
-constexpr static Amount DEFAULT_MAX_RAW_TX_FEE{COIN / 10};
+static const CFeeRate DEFAULT_MAX_RAW_TX_FEE_RATE{COIN / 10};
 
 static void TxToJSON(const CTransaction &tx, const BlockHash &hashBlock,
                      UniValue &entry) {
@@ -897,7 +898,8 @@
             {"hexstring", RPCArg::Type::STR_HEX, RPCArg::Optional::NO,
              "The hex string of the raw transaction"},
             {"maxfeerate", RPCArg::Type::AMOUNT,
-             /* default */ FormatMoney(DEFAULT_MAX_RAW_TX_FEE),
+             /* default */
+             FormatMoney(DEFAULT_MAX_RAW_TX_FEE_RATE.GetFeePerK()),
              "Reject transactions whose fee rate is higher than the specified "
              "value, expressed in " +
                  CURRENCY_UNIT + "/kB\n"},
@@ -932,18 +934,20 @@
 
     CTransactionRef tx(MakeTransactionRef(std::move(mtx)));
 
-    Amount max_raw_tx_fee = DEFAULT_MAX_RAW_TX_FEE;
-    // TODO: temporary migration code for old clients. Remove in v0.22
+    CFeeRate max_raw_tx_fee_rate = DEFAULT_MAX_RAW_TX_FEE_RATE;
+    // TODO: temporary migration code for old clients. Remove in v0.20
     if (request.params[1].isBool()) {
         throw JSONRPCError(RPC_INVALID_PARAMETER,
                            "Second argument must be numeric (maxfeerate) and "
                            "no longer supports a boolean. To allow a "
                            "transaction with high fees, set maxfeerate to 0.");
     } else if (!request.params[1].isNull()) {
-        size_t sz = tx->GetTotalSize();
-        CFeeRate fr(AmountFromValue(request.params[1]));
-        max_raw_tx_fee = fr.GetFee(sz);
+        max_raw_tx_fee_rate = CFeeRate(AmountFromValue(request.params[1]));
     }
+
+    int64_t virtual_size = GetVirtualTransactionSize(*tx);
+    Amount max_raw_tx_fee = max_raw_tx_fee_rate.GetFee(virtual_size);
+
     std::string err_string;
     AssertLockNotHeld(cs_main);
     NodeContext &node = EnsureNodeContext(request.context);
@@ -979,7 +983,8 @@
                 },
             },
             {"maxfeerate", RPCArg::Type::AMOUNT,
-             /* default */ FormatMoney(DEFAULT_MAX_RAW_TX_FEE),
+             /* default */
+             FormatMoney(DEFAULT_MAX_RAW_TX_FEE_RATE.GetFeePerK()),
              "Reject transactions whose fee rate is higher than the specified "
              "value, expressed in " +
                  CURRENCY_UNIT + "/kB\n"},
@@ -1030,7 +1035,7 @@
     CTransactionRef tx(MakeTransactionRef(std::move(mtx)));
     const TxId &txid = tx->GetId();
 
-    Amount max_raw_tx_fee = DEFAULT_MAX_RAW_TX_FEE;
+    CFeeRate max_raw_tx_fee_rate = DEFAULT_MAX_RAW_TX_FEE_RATE;
     // TODO: temporary migration code for old clients. Remove in v0.20
     if (request.params[1].isBool()) {
         throw JSONRPCError(RPC_INVALID_PARAMETER,
@@ -1038,11 +1043,12 @@
                            "no longer supports a boolean. To allow a "
                            "transaction with high fees, set maxfeerate to 0.");
     } else if (!request.params[1].isNull()) {
-        size_t sz = tx->GetTotalSize();
-        CFeeRate fr(AmountFromValue(request.params[1]));
-        max_raw_tx_fee = fr.GetFee(sz);
+        max_raw_tx_fee_rate = CFeeRate(AmountFromValue(request.params[1]));
     }
 
+    int64_t virtual_size = GetVirtualTransactionSize(*tx);
+    Amount max_raw_tx_fee = max_raw_tx_fee_rate.GetFee(virtual_size);
+
     CTxMemPool &mempool = EnsureMemPool(request.context);
 
     UniValue result(UniValue::VARR);
diff --git a/test/functional/mempool_accept.py b/test/functional/mempool_accept.py
--- a/test/functional/mempool_accept.py
+++ b/test/functional/mempool_accept.py
@@ -195,6 +195,7 @@
         self.check_mempool_result(
             result_expected=[{'txid': tx.rehash(), 'allowed': True}],
             rawtxs=[ToHex(tx)],
+            maxfeerate=0,
         )
 
         self.log.info('A transaction with no outputs')
diff --git a/test/functional/wallet_basic.py b/test/functional/wallet_basic.py
--- a/test/functional/wallet_basic.py
+++ b/test/functional/wallet_basic.py
@@ -514,7 +514,7 @@
         raw_tx = self.nodes[0].createrawtransaction([{"txid": singletxid, "vout": 0}], {
             chain_addrs[0]: node0_balance / 2 - Decimal('0.01'), chain_addrs[1]: node0_balance / 2 - Decimal('0.01')})
         signedtx = self.nodes[0].signrawtransactionwithwallet(raw_tx)
-        singletxid = self.nodes[0].sendrawtransaction(signedtx["hex"])
+        singletxid = self.nodes[0].sendrawtransaction(signedtx["hex"], 0)
         self.nodes[0].generate(1)
 
         # Make a long chain of unconfirmed payments without hitting mempool limit