diff --git a/CHANGELOG.md b/CHANGELOG.md
index 1db3fa7..7b9bb40 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -561,6 +561,10 @@ called out explicitly under **Changed** or **Removed**.
   a stale warning that step ids rotate on every update is gone.
 - **The variable-condition docs no longer call `client_tag_field_id` a
   constant.** It varies by business. The docs say where to get it.
+- **`kizen init` no longer prints the stored API key when it re-prompts for an
+  existing profile.** The prompt showed the key as its default, so it landed in
+  scrollback, screen shares and recordings. It now reads `API_KEY (Enter keeps
+  the stored key):`, and pressing Enter still keeps it.
 
 - **`activate`, `deactivate`, `move`, `steps` and `roundtrip --execute` no
   longer fail with HTTP 400 on automations with an Email Received trigger or
diff --git a/src/kizen_builder/cli/init.py b/src/kizen_builder/cli/init.py
index 30650ff..e775343 100644
--- a/src/kizen_builder/cli/init.py
+++ b/src/kizen_builder/cli/init.py
@@ -174,8 +174,14 @@ def _ask(
     "no default" sentinel is Ellipsis, not `None` or `""`, so the `default`
     kwarg is omitted rather than passed through — passing `None` would make
     Rich hand back `None` on a bare Enter, bypassing `choices` entirely.
+
+    A `password` default is never shown: Rich prints the default in the
+    prompt even when it hides the typed input, which would put a stored
+    secret in scrollback. Bare Enter still returns it.
     """
     prompt_cls = _EnvironmentPrompt if choices else Prompt
+    if password and default:
+        label = f"{label} [prompt.default](Enter keeps the stored key)[/]"
     try:
         if default is None:
             return prompt_cls.ask(
@@ -187,6 +193,7 @@ def _ask(
             password=password,
             choices=choices,
             case_sensitive=False,
+            show_default=not password,
         )
     except EOFError:
         if default:
diff --git a/tests/test_cli.py b/tests/test_cli.py
index 10642be..1bdd38a 100644
--- a/tests/test_cli.py
+++ b/tests/test_cli.py
@@ -2678,6 +2678,51 @@ def test_init_banner_shows_tagline_only_on_tiny_terminal(monkeypatch, tmp_path):
     assert profiles.get_profile("banner-tiny") is not None
 
 
+@pytest.mark.parametrize("stdin", ["\n\n\n\n", ""], ids=["bare-enter", "eof"])
+def test_init_reprompt_hides_stored_api_key(monkeypatch, tmp_path, stdin):
+    """Rich prints a prompt's default even with `password=True`, so re-running
+    `init` used to show the stored key in the terminal."""
+    from kizen_builder import config, profiles
+
+    config.set_profile_override(None)
+    profiles.write_profile(
+        profiles.ProfileCreds(
+            name="delta",
+            api_key="FAKEKEY123",
+            business_id="DDDD",
+            user_id="user1",
+            base_url="https://app.go.kizen.com",
+        )
+    )
+    monkeypatch.chdir(tmp_path)
+    result = runner.invoke(
+        cli.app, ["init", "--profile", "delta", "--skip-validation"], input=stdin
+    )
+    assert result.exit_code == 0, result.output
+    assert "FAKEKEY123" not in result.output
+    assert "Y123" not in result.output
+    assert "API_KEY (Enter keeps the stored key):" in result.output
+    assert "BUSINESS_ID (DDDD):" in result.output
+
+    stored = profiles.get_profile("delta")
+    assert stored is not None and stored.api_key == "FAKEKEY123"
+
+
+def test_init_api_key_prompt_has_no_empty_default(monkeypatch, tmp_path):
+    from kizen_builder import config
+
+    config.set_profile_override(None)
+    monkeypatch.chdir(tmp_path)
+    result = runner.invoke(
+        cli.app,
+        ["init", "--profile", "epsilon", "--skip-validation"],
+        input="apikey\nEEEE\nuser1\ngo\n",
+    )
+    assert result.exit_code == 0, result.output
+    assert "API_KEY: " in result.output
+    assert "API_KEY ()" not in result.output
+
+
 def test_init_environment_picker_resolves_named_host(monkeypatch, tmp_path):
     from kizen_builder import config, profiles