diff --git a/.copier/package.yml b/.copier/package.yml
index 7c85071..81e6174 100644
--- a/.copier/package.yml
+++ b/.copier/package.yml
@@ -3,7 +3,7 @@ _commit: v2024.18
 _src_path: gh:westerveltco/django-twc-package
 author_email: josh@joshthomas.dev
 author_name: Josh Thomas
-current_version: 0.4.3
+current_version: 0.5.0
 django_versions:
 - '3.2'
 - '4.2'
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 0ccad25..32e5fc3 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -18,6 +18,8 @@ and this project attempts to adhere to [Semantic Versioning](https://semver.org/
 
 ## [Unreleased]
 
+## [0.5.0]
+
 ### Added
 
 - Added support for Django 5.1 and 5.2.
@@ -139,7 +141,7 @@ Initial release!
 
 Big thank you to the original authors of [`django-mailer`](https://github.com/pinax/django-mailer) for the inspiration and for doing the hard work of figuring out a good way of queueing emails in a database in the first place.
 
-[unreleased]: https://github.com/westerveltco/django-email-relay/compare/v0.4.3...HEAD
+[unreleased]: https://github.com/westerveltco/django-email-relay/compare/v0.5.0...HEAD
 [0.1.0]: https://github.com/westerveltco/django-email-relay/releases/tag/v0.1.0
 [0.1.1]: https://github.com/westerveltco/django-email-relay/releases/tag/v0.1.1
 [0.2.0]: https://github.com/westerveltco/django-email-relay/releases/tag/v0.2.0
@@ -149,3 +151,4 @@ Big thank you to the original authors of [`django-mailer`](https://github.com/pi
 [0.4.1]: https://github.com/westerveltco/django-email-relay/releases/tag/v0.4.1
 [0.4.2]: https://github.com/westerveltco/django-email-relay/releases/tag/v0.4.2
 [0.4.3]: https://github.com/westerveltco/django-email-relay/releases/tag/v0.4.3
+[0.5.0]: https://github.com/westerveltco/django-email-relay/releases/tag/v0.5.0
diff --git a/pyproject.toml b/pyproject.toml
index 31671db..795d6fb 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -77,7 +77,7 @@ Source = "https://github.com/westerveltco/django-email-relay"
 [tool.bumpver]
 commit = true
 commit_message = ":bookmark: bump version {old_version} -> {new_version}"
-current_version = "0.4.3"
+current_version = "0.5.0"
 push = false  # set to false for CI
 tag = false
 version_pattern = "MAJOR.MINOR.PATCH[PYTAGNUM]"
diff --git a/src/email_relay/__init__.py b/src/email_relay/__init__.py
index 6252aa7..6f694b7 100644
--- a/src/email_relay/__init__.py
+++ b/src/email_relay/__init__.py
@@ -1,3 +1,3 @@
 from __future__ import annotations
 
-__version__ = "0.4.3"
+__version__ = "0.5.0"
diff --git a/tests/test_version.py b/tests/test_version.py
index 423f198..41cd660 100644
--- a/tests/test_version.py
+++ b/tests/test_version.py
@@ -4,4 +4,4 @@
 
 
 def test_version():
-    assert __version__ == "0.4.3"
+    assert __version__ == "0.5.0"