diff --git a/.release-please-manifest.json b/.release-please-manifest.json
index a2a6d2690..e9cee8d37 100644
--- a/.release-please-manifest.json
+++ b/.release-please-manifest.json
@@ -1,3 +1,3 @@
 {
-  ".": "0.194.0"
+  ".": "0.195.0"
 }
\ No newline at end of file
diff --git a/.stats.yml b/.stats.yml
index d9c437e9c..965dafe41 100644
--- a/.stats.yml
+++ b/.stats.yml
@@ -1,2 +1,2 @@
 configured_endpoints: 201
-openapi_spec_url: https://storage.googleapis.com/stainless-sdk-openapi-specs/increase%2Fincrease-15ead2ecf5c1d979cfa951c578d25ba20f9f5c1b987d109b6eaa4e8eeda973e1.yml
+openapi_spec_url: https://storage.googleapis.com/stainless-sdk-openapi-specs/increase%2Fincrease-5c3b5c54f9deac8411f40a4a8e14715ed60acd2ae56c5e36e83664586ef5aafd.yml
diff --git a/CHANGELOG.md b/CHANGELOG.md
index 18d124fb9..90c250671 100644
--- a/CHANGELOG.md
+++ b/CHANGELOG.md
@@ -1,5 +1,13 @@
 # Changelog
 
+## 0.195.0 (2025-02-24)
+
+Full Changelog: [v0.194.0...v0.195.0](https://github.com/Increase/increase-python/compare/v0.194.0...v0.195.0)
+
+### Features
+
+* **api:** api update ([#980](https://github.com/Increase/increase-python/issues/980)) ([327dd31](https://github.com/Increase/increase-python/commit/327dd314e50476aa9a7852375d73deed9da790be))
+
 ## 0.194.0 (2025-02-22)
 
 Full Changelog: [v0.193.0...v0.194.0](https://github.com/Increase/increase-python/compare/v0.193.0...v0.194.0)
diff --git a/pyproject.toml b/pyproject.toml
index 01188ee0d..6a4c34d02 100644
--- a/pyproject.toml
+++ b/pyproject.toml
@@ -1,6 +1,6 @@
 [project]
 name = "increase"
-version = "0.194.0"
+version = "0.195.0"
 description = "The official Python library for the increase API"
 dynamic = ["readme"]
 license = "Apache-2.0"
diff --git a/src/increase/_version.py b/src/increase/_version.py
index 777ad0bd2..2169af86d 100644
--- a/src/increase/_version.py
+++ b/src/increase/_version.py
@@ -1,4 +1,4 @@
 # File generated from our OpenAPI spec by Stainless. See CONTRIBUTING.md for details.
 
 __title__ = "increase"
-__version__ = "0.194.0"  # x-release-please-version
+__version__ = "0.195.0"  # x-release-please-version
diff --git a/src/increase/resources/simulations/card_authorizations.py b/src/increase/resources/simulations/card_authorizations.py
index a7e8f0413..2ff7b86d7 100644
--- a/src/increase/resources/simulations/card_authorizations.py
+++ b/src/increase/resources/simulations/card_authorizations.py
@@ -53,6 +53,7 @@ def create(
         authenticated_card_payment_id: str | NotGiven = NOT_GIVEN,
         card_id: str | NotGiven = NOT_GIVEN,
         decline_reason: Literal[
+            "account_closed",
             "card_not_active",
             "physical_card_not_active",
             "entity_not_active",
@@ -111,6 +112,7 @@ def create(
           decline_reason: Forces a card decline with a specific reason. No real time decision will be
               sent.
 
+              - `account_closed` - The account has been closed.
               - `card_not_active` - The Card was not active.
               - `physical_card_not_active` - The Physical Card was not active.
               - `entity_not_active` - The account's entity was not active.
@@ -241,6 +243,7 @@ async def create(
         authenticated_card_payment_id: str | NotGiven = NOT_GIVEN,
         card_id: str | NotGiven = NOT_GIVEN,
         decline_reason: Literal[
+            "account_closed",
             "card_not_active",
             "physical_card_not_active",
             "entity_not_active",
@@ -299,6 +302,7 @@ async def create(
           decline_reason: Forces a card decline with a specific reason. No real time decision will be
               sent.
 
+              - `account_closed` - The account has been closed.
               - `card_not_active` - The Card was not active.
               - `physical_card_not_active` - The Physical Card was not active.
               - `entity_not_active` - The account's entity was not active.
diff --git a/src/increase/types/card_payment.py b/src/increase/types/card_payment.py
index 7d6898681..236e444fd 100644
--- a/src/increase/types/card_payment.py
+++ b/src/increase/types/card_payment.py
@@ -1037,6 +1037,7 @@ class ElementCardDecline(BaseModel):
     """
 
     reason: Literal[
+        "account_closed",
         "card_not_active",
         "physical_card_not_active",
         "entity_not_active",
@@ -1055,6 +1056,7 @@ class ElementCardDecline(BaseModel):
     ]
     """Why the transaction was declined.
 
+    - `account_closed` - The account has been closed.
     - `card_not_active` - The Card was not active.
     - `physical_card_not_active` - The Physical Card was not active.
     - `entity_not_active` - The account's entity was not active.
diff --git a/src/increase/types/declined_transaction.py b/src/increase/types/declined_transaction.py
index 1a8aee9d0..8faa51eb3 100644
--- a/src/increase/types/declined_transaction.py
+++ b/src/increase/types/declined_transaction.py
@@ -498,6 +498,7 @@ class SourceCardDecline(BaseModel):
     """
 
     reason: Literal[
+        "account_closed",
         "card_not_active",
         "physical_card_not_active",
         "entity_not_active",
@@ -516,6 +517,7 @@ class SourceCardDecline(BaseModel):
     ]
     """Why the transaction was declined.
 
+    - `account_closed` - The account has been closed.
     - `card_not_active` - The Card was not active.
     - `physical_card_not_active` - The Physical Card was not active.
     - `entity_not_active` - The account's entity was not active.
diff --git a/src/increase/types/simulations/card_authorization_create_params.py b/src/increase/types/simulations/card_authorization_create_params.py
index 9232f0e10..323a950b4 100644
--- a/src/increase/types/simulations/card_authorization_create_params.py
+++ b/src/increase/types/simulations/card_authorization_create_params.py
@@ -21,6 +21,7 @@ class CardAuthorizationCreateParams(TypedDict, total=False):
     """The identifier of the Card to be authorized."""
 
     decline_reason: Literal[
+        "account_closed",
         "card_not_active",
         "physical_card_not_active",
         "entity_not_active",
@@ -41,6 +42,7 @@ class CardAuthorizationCreateParams(TypedDict, total=False):
 
     No real time decision will be sent.
 
+    - `account_closed` - The account has been closed.
     - `card_not_active` - The Card was not active.
     - `physical_card_not_active` - The Physical Card was not active.
     - `entity_not_active` - The account's entity was not active.
diff --git a/tests/api_resources/simulations/test_card_authorizations.py b/tests/api_resources/simulations/test_card_authorizations.py
index eddb63f32..5c8e03185 100644
--- a/tests/api_resources/simulations/test_card_authorizations.py
+++ b/tests/api_resources/simulations/test_card_authorizations.py
@@ -30,7 +30,7 @@ def test_method_create_with_all_params(self, client: Increase) -> None:
             amount=1000,
             authenticated_card_payment_id="authenticated_card_payment_id",
             card_id="card_oubs0hwk5rn6knuecxg2",
-            decline_reason="card_not_active",
+            decline_reason="account_closed",
             digital_wallet_token_id="digital_wallet_token_id",
             direction="settlement",
             event_subscription_id="event_subscription_001dzz0r20rcdxgb013zqb8m04g",
@@ -87,7 +87,7 @@ async def test_method_create_with_all_params(self, async_client: AsyncIncrease)
             amount=1000,
             authenticated_card_payment_id="authenticated_card_payment_id",
             card_id="card_oubs0hwk5rn6knuecxg2",
-            decline_reason="card_not_active",
+            decline_reason="account_closed",
             digital_wallet_token_id="digital_wallet_token_id",
             direction="settlement",
             event_subscription_id="event_subscription_001dzz0r20rcdxgb013zqb8m04g",