diff --git a/CHANGELOG.md b/CHANGELOG.md
index 60b10e12a..a0504f975 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,8 @@
 # Changelog
 
+## 4.7.0 - 2019-01-23
+* [#735](https://github.com/stripe/stripe-ruby/pull/735) Rename `CheckoutSession` to `Session` and move it under the `Checkout` namespace. This is a breaking change, but we've reached out to affected merchants and all new merchants would use the new approach.
+
 ## 4.6.0 - 2019-01-21
 * [#736](https://github.com/stripe/stripe-ruby/pull/736) Properly serialize `individual` on `Account` objects
 
diff --git a/VERSION b/VERSION
index 6016e8add..f6cdf4098 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-4.6.0
+4.7.0
diff --git a/lib/stripe/version.rb b/lib/stripe/version.rb
index 421a6e79d..876296dde 100644
--- a/lib/stripe/version.rb
+++ b/lib/stripe/version.rb
@@ -1,5 +1,5 @@
 # frozen_string_literal: true
 
 module Stripe
-  VERSION = "4.6.0".freeze
+  VERSION = "4.7.0".freeze
 end