diff --git a/rq/version.py b/rq/version.py
index 28d738f..30d837a 100644
--- a/rq/version.py
+++ b/rq/version.py
@@ -1,4 +1,4 @@
 # -*- coding: utf-8 -*-
 from __future__ import (absolute_import, division, print_function,
                         unicode_literals)
-VERSION = '0.4.6'
+VERSION = '0.5.0'