diff --git a/.flowconfig b/.flowconfig
index 32624ea479b..c64ae46a366 100644
--- a/.flowconfig
+++ b/.flowconfig
@@ -74,4 +74,4 @@ suppress_comment=\\(.\\|\n\\)*\\$FlowFixedInNextDeploy
 suppress_comment=\\(.\\|\n\\)*\\$FlowExpectedError
 
 [version]
-^0.74.0
+^0.75.0
diff --git a/local-cli/templates/HelloWorld/_flowconfig b/local-cli/templates/HelloWorld/_flowconfig
index f99d3024b46..3c0adb56630 100644
--- a/local-cli/templates/HelloWorld/_flowconfig
+++ b/local-cli/templates/HelloWorld/_flowconfig
@@ -64,4 +64,4 @@ suppress_comment=\\(.\\|\n\\)*\\$FlowFixedInNextDeploy
 suppress_comment=\\(.\\|\n\\)*\\$FlowExpectedError
 
 [version]
-^0.74.0
+^0.75.0