This paper assesses the impact of adopting carbon- or glass-fiber-reinforced polymer (CFRP or GFRP) instead of steel rebars on the redistribution of moments in prestressed concrete beams (PCBs) with external CFRP tendons. A numerical program is introduced, and numerical simulations are performed on two-span continuous beams with steel, CFRP or GFRP rebars of various areas, i.e., Ar2 = 360–3560 mm2, and Ar1/Ar2 = 1.5, where Ar1 and Ar2 are areas of tensile rebars over the positive and negative moment zones, respectively. The results show the moment redistribution is contributed by concrete cracking only for the beams with fiber-reinforced polymer (FRP) rebars, and by concrete cracking and steel yielding for the beams with steel rebars. As a result, the use of FRP rebars leads to a substantially lower moment redistribution than in steel rebars. It is also demonstrated that Eurocode 2, CSA A23.3-04 and ACI 318-19 fail to reflect the rebar influence on moment redistribution in PCBs with external tendons. A simplified equation for the quantification of moment redistribution in externally PCBs with steel and FRP rebars is recommended, which yields accurate and conservative predictions.