diff --git a/CHANGES b/CHANGES
index 503e5d1d..0ffc9c46 100644
--- a/CHANGES
+++ b/CHANGES
@@ -42,6 +42,12 @@ _Notes on upcoming releases will be added here_
 - Refactor syrupy snapshot tests to avoid `name=` parameter which may cause
   matching issues in certain build environments, e.g., Arch Linux packaging (#503).
 
+## vcspull v1.50.1 (unreleased)
+
+### Breaking changes
+
+- Bump minimum libvcs from v0.38.2 -> v0.38.3 (#505)
+
 ## vcspull v1.50.0 (2026-01-24)
 
 ### Breaking changes
diff --git a/pyproject.toml b/pyproject.toml
index 462b4291..9164d073 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -53,7 +53,7 @@ keywords = [
 ]
 homepage = "https://vcspull.git-pull.com"
 dependencies = [
-  "libvcs~=0.38.2",
+  "libvcs~=0.38.3",
   "colorama>=0.3.9",
   "PyYAML>=6.0"
 ]
diff --git a/uv.lock b/uv.lock
index 8ac79cc0..3069c3b6 100644
--- a/uv.lock
+++ b/uv.lock
@@ -1519,7 +1519,7 @@ typings = [
 [package.metadata]
 requires-dist = [
     { name = "colorama", specifier = ">=0.3.9" },
-    { name = "libvcs", specifier = "~=0.38.2" },
+    { name = "libvcs", specifier = "~=0.38.3" },
     { name = "pyyaml", specifier = ">=6.0" },
 ]