diff --git c/git-pull.sh w/git-pull.sh
index a09a44e..c1617d5 100755
--- c/git-pull.sh
+++ w/git-pull.sh
@@ -214,7 +214,10 @@ test true = "$rebase" && {
 	do
 		if test "$reflog" = "$(git merge-base $reflog $curr_branch)"
 		then
-			oldremoteref="$reflog"
+			if test "$reflog" != $(git merge-base $reflog $remoteref)
+			then
+				oldremoteref="$reflog"
+			fi
 			break
 		fi
 	done
@@ -273,6 +276,14 @@ then
 	exit
 fi
 
+if test true = "$rebase"
+then
+	if test "$oldremoteref" = $(git merge-base $oldremoteref $merge_head)
+	then
+		unset oldremoteref
+	fi
+fi
+
 merge_name=$(git fmt-merge-msg $log_arg <"$GIT_DIR/FETCH_HEAD") || exit
 case "$rebase" in
 true)