diff --git a/packages/js/experimental/changelog/fix-37654-invalid-return-callback-ref b/packages/js/experimental/changelog/fix-37654-invalid-return-callback-ref
new file mode 100644
index 00000000000..d14e18f1448
--- /dev/null
+++ b/packages/js/experimental/changelog/fix-37654-invalid-return-callback-ref
@@ -0,0 +1,4 @@
+Significance: patch
+Type: fix
+
+Fix invalid return callback ref warning
diff --git a/packages/js/experimental/src/inbox-note/test/inbox-note.tsx b/packages/js/experimental/src/inbox-note/test/inbox-note.tsx
index f1078577e04..bbe03171804 100644
--- a/packages/js/experimental/src/inbox-note/test/inbox-note.tsx
+++ b/packages/js/experimental/src/inbox-note/test/inbox-note.tsx
@@ -23,6 +23,8 @@ jest.mock( 'react-visibility-sensor', () =>
 	} )
 );
 
+window.open = jest.fn();
+
 describe( 'InboxNoteCard', () => {
 	const note = {
 		id: 1,
diff --git a/packages/js/experimental/src/inbox-note/test/use-callback-on-link-click.tsx b/packages/js/experimental/src/inbox-note/test/use-callback-on-link-click.tsx
index a7c4d334565..2efcb221b98 100644
--- a/packages/js/experimental/src/inbox-note/test/use-callback-on-link-click.tsx
+++ b/packages/js/experimental/src/inbox-note/test/use-callback-on-link-click.tsx
@@ -42,4 +42,17 @@ describe( 'useCallbackOnLinkClick hook', () => {
 		userEvent.click( getByText( 'Button' ) );
 		expect( callback ).not.toHaveBeenCalled();
 	} );
+
+	it( 'should remove listener on unmount', () => {
+		const listener = jest.fn();
+		const { getByText, unmount } = render(
+			<TestComp callback={ jest.fn() } />
+		);
+		const span = getByText( 'Some Text' );
+		jest.spyOn( span, 'removeEventListener' ).mockImplementation(
+			listener
+		);
+		unmount();
+		expect( listener ).toHaveBeenCalledTimes( 1 );
+	} );
 } );
diff --git a/packages/js/experimental/src/inbox-note/use-callback-on-link-click.ts b/packages/js/experimental/src/inbox-note/use-callback-on-link-click.ts
index e7243aff958..537c08e0467 100644
--- a/packages/js/experimental/src/inbox-note/use-callback-on-link-click.ts
+++ b/packages/js/experimental/src/inbox-note/use-callback-on-link-click.ts
@@ -1,7 +1,7 @@
 /**
  * External dependencies
  */
-import { useCallback } from '@wordpress/element';
+import { useCallback, useEffect, useRef } from '@wordpress/element';
 
 export function useCallbackOnLinkClick( onClick: ( link: string ) => void ) {
 	const onNodeClick = useCallback(
@@ -20,17 +20,21 @@ export function useCallbackOnLinkClick( onClick: ( link: string ) => void ) {
 		[ onClick ]
 	);
 
-	return useCallback(
-		( node: HTMLElement ) => {
+	const nodeRef = useRef< HTMLElement | null >( null );
+
+	useEffect( () => {
+		const node = nodeRef.current;
+		if ( node ) {
+			node.addEventListener( 'click', onNodeClick );
+		}
+		return () => {
 			if ( node ) {
-				node.addEventListener( 'click', onNodeClick );
+				node.removeEventListener( 'click', onNodeClick );
 			}
-			return () => {
-				if ( node ) {
-					node.removeEventListener( 'click', onNodeClick );
-				}
-			};
-		},
-		[ onNodeClick ]
-	);
+		};
+	}, [ onNodeClick ] );
+
+	return useCallback( ( node: HTMLElement ) => {
+		nodeRef.current = node;
+	}, [] );
 }