diff --git a/internal/oauth/persistent_token_store.go b/internal/oauth/persistent_token_store.go
index f5874f49..714d39e8 100644
--- a/internal/oauth/persistent_token_store.go
+++ b/internal/oauth/persistent_token_store.go
@@ -87,6 +87,17 @@ func (p *PersistentTokenStore) GetToken(ctx context.Context) (*client.Token, err
 		return nil, transport.ErrNoToken
 	}
 
+	// DCR (Dynamic Client Registration) creates a minimal record with only
+	// client credentials but no access token. Treat these as "no token" to
+	// prevent scanForNewTokens() from triggering reconnect loops (issue #305).
+	if record.AccessToken == "" {
+		p.logger.Debug("⏳ OAuth record exists but has no access token (DCR-only), treating as no token",
+			zap.String("server_name", p.serverName),
+			zap.String("server_key", p.serverKey),
+			zap.Bool("has_client_id", record.ClientID != ""))
+		return nil, transport.ErrNoToken
+	}
+
 	now := time.Now()
 	timeUntilExpiry := record.ExpiresAt.Sub(now)
 	isExpired := now.After(record.ExpiresAt)
diff --git a/internal/oauth/persistent_token_store_test.go b/internal/oauth/persistent_token_store_test.go
index 2af1f8da..569018ea 100644
--- a/internal/oauth/persistent_token_store_test.go
+++ b/internal/oauth/persistent_token_store_test.go
@@ -480,3 +480,35 @@ func TestPersistentTokenStoreSameNameDifferentURL(t *testing.T) {
 		t.Errorf("Server2 token should still exist: got %s, want token-for-server2-url", retrievedToken2Again.AccessToken)
 	}
 }
+
+// TestGetToken_DCROnlyRecord_ReturnsError reproduces GitHub issue #305:
+// After DCR saves client credentials (but no access token), GetToken() should
+// return ErrNoToken — not a non-nil token with empty AccessToken. Returning a
+// non-nil token causes scanForNewTokens() to trigger reconnect loops.
+func TestGetToken_DCROnlyRecord_ReturnsError(t *testing.T) {
+	tmpDir := t.TempDir()
+	logger := zap.NewNop().Sugar()
+	db, err := storage.NewBoltDB(tmpDir, logger)
+	if err != nil {
+		t.Fatalf("Failed to create BoltDB: %v", err)
+	}
+	defer db.Close()
+
+	serverName := "oauth-server"
+	serverURL := "https://oauth.example.com/mcp"
+	serverKey := GenerateServerKey(serverName, serverURL)
+
+	// Simulate DCR saving only client credentials (no access token yet)
+	err = db.UpdateOAuthClientCredentials(serverKey, "dcr-client-id", "dcr-secret", 12345)
+	if err != nil {
+		t.Fatalf("Failed to save DCR credentials: %v", err)
+	}
+
+	// GetToken should return an error for DCR-only records (no access token)
+	tokenStore := NewPersistentTokenStore(serverName, serverURL, db)
+	tok, err := tokenStore.GetToken(context.Background())
+	if err == nil {
+		t.Errorf("GetToken() should return error for DCR-only record (no access token), got token with AccessToken=%q ExpiresAt=%v",
+			tok.AccessToken, tok.ExpiresAt)
+	}
+}