diff --git a/History.txt b/History.txt
index 18f799b2..96280e06 100644
--- a/History.txt
+++ b/History.txt
@@ -1,3 +1,8 @@
+=== 1.12.0 2014-05-21
+
+* 1 major enhancement:
+  * Support for cards for recipients.
+
 === 1.11.0 2014-04-09
 
 * 2 minor enhancements:
diff --git a/VERSION b/VERSION
index 1cac385c..0eed1a29 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.11.0
+1.12.0
diff --git a/lib/stripe/version.rb b/lib/stripe/version.rb
index 1acb4a74..fa00ced2 100644
--- a/lib/stripe/version.rb
+++ b/lib/stripe/version.rb
@@ -1,3 +1,3 @@
 module Stripe
-  VERSION = '1.11.0'
+  VERSION = '1.12.0'
 end