diff --git a/CHANGELOG.md b/CHANGELOG.md
index b96fab508..93dc1b0b6 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -2,6 +2,9 @@
 
 ## Current Develop Branch
 
+## 7.0.1 Thu Aug 08 2019
+- [#6975](https://github.com/MetaMask/metamask-extension/pull/6975): Ensure seed phrase backup notification only shows up for new users
+
 ## 7.0.0 Fri Aug 02 2019
 - [#6828](https://github.com/MetaMask/metamask-extension/pull/6828): Capitalized speed up label to match rest of UI
 - [#6874](https://github.com/MetaMask/metamask-extension/pull/6928): Allows skipping of seed phrase challenge during onboarding, and completing it at a later time
diff --git a/app/manifest.json b/app/manifest.json
index 1ca2215eb..f8c150281 100644
--- a/app/manifest.json
+++ b/app/manifest.json
@@ -1,7 +1,7 @@
 {
   "name": "__MSG_appName__",
   "short_name": "__MSG_appName__",
-  "version": "7.0.0",
+  "version": "7.0.1",
   "manifest_version": 2,
   "author": "https://metamask.io",
   "description": "__MSG_appDescription__",