diff --git a/History.txt b/History.txt
index d9f7bd60..37462fa3 100644
--- a/History.txt
+++ b/History.txt
@@ -1,3 +1,7 @@
+=== 1.50.0 2016-08-15
+
+* Allow sources to be created
+
 === 1.49.0 2016-07-28
 
 * Add top-level `Source` model
diff --git a/VERSION b/VERSION
index 7f3a46a8..5a5c7211 100644
--- a/VERSION
+++ b/VERSION
@@ -1 +1 @@
-1.49.0
+1.50.0
diff --git a/lib/stripe/version.rb b/lib/stripe/version.rb
index 15334f74..fef3061e 100644
--- a/lib/stripe/version.rb
+++ b/lib/stripe/version.rb
@@ -1,3 +1,3 @@
 module Stripe
-  VERSION = '1.49.0'
+  VERSION = '1.50.0'
 end