diff --git a/CHANGELOG.md b/CHANGELOG.md
index 44eac2f5..3b9220d1 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,4 +1,12 @@
 # Changelog
+## 13.3.1 - 2025-01-13
+* [#1512](https://github.com/stripe/stripe-ruby/pull/1512) Import global configuration for options not available on StripeClient options
+  * Fixes bug where `StripeClient` was not falling back to global options for options that are not available to be set per-client
+* [#1516](https://github.com/stripe/stripe-ruby/pull/1516) ThinEvent reason and livemode
+  - Add `livemode` and optional `reason` fields to ThinEvent
+* [#1518](https://github.com/stripe/stripe-ruby/pull/1518) Pin ubuntu version in Test action
+* [#1508](https://github.com/stripe/stripe-ruby/pull/1508) Added pull request template
+
 ## 13.3.0 - 2024-12-18
 * [#1500](https://github.com/stripe/stripe-ruby/pull/1500) This release changes the pinned API version to `2024-12-18.acacia`.
 
diff --git a/VERSION b/VERSION
index ac565bc1..c3d10c59 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-13.3.0
+13.3.1
diff --git a/lib/stripe/version.rb b/lib/stripe/version.rb
index 61a3cc63..fb371210 100644
--- a/lib/stripe/version.rb
+++ b/lib/stripe/version.rb
@@ -1,5 +1,5 @@
 # frozen_string_literal: true
 
 module Stripe
-  VERSION = "13.3.0"
+  VERSION = "13.3.1"
 end