diff --git a/CHANGELOG.md b/CHANGELOG.md
index b65f3f00f..4e0e7b7f8 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,8 @@
 # Unreleased
 
+# 5.0.6
+
+- Wait for an extra `config.read_timeout` in blocking commands rather than an arbitrary 100ms. See #1175.
 - Treat ReadOnlyError as ConnectionError. See #1168.
 
 # 5.0.5
diff --git a/lib/redis/version.rb b/lib/redis/version.rb
index b4d2e42ac..3b0a7df29 100644
--- a/lib/redis/version.rb
+++ b/lib/redis/version.rb
@@ -1,5 +1,5 @@
 # frozen_string_literal: true
 
 class Redis
-  VERSION = '5.0.5'
+  VERSION = '5.0.6'
 end