I found the following:
There are multiple scenarios, please carefully select the one that fits your situation.
✅ No wallet is associated with your phone number hash - You CAN import a wallet
✅ An automatically created wallet was associated with your phone number, but the account WAS NOT BACKED UP (either iCloud / Google Drive, or manual backup) - you CAN import another wallet
❌ An automatically created wallet was associated with your phone number, AND the account WAS BACKED UP (iCloud or Google Drive) - you CAN NOT import another wallet
❌ You imported a wallet you created before into a first-time install - you CAN NOT import another wallet. Imported wallets into first-time installs are automatically marked as “backed up” because you have proven already that you can restore it from a back-up.
Wallets that are not backed up are not considered safe to be used, and therefore are not permanently associated with a phone number’s hash.
This means the user’s contacts can’t see the user as a Maiar, and can’t (using the contact list) send money to them. This is a protection measure to avoid sending funds to a wallet that is not backed up, therefore avoiding possible loss of funds.
Once a phone number hash is associated with an address, that is permanent and can’t be changed. The user is also seen as a Maiar by their contacts. This can be toggled off from the Privacy Settings.
The only solution I came up with is to transfer everything across to the new wallet you have created. ( The issue arises for me is that I have staked money in the other wallet so if I move it I loose my position in the queue -_-)
I guess I'm stuck using 2 wallets if I want to use the app - unless you change phone numbers.