diff --git a/config/config.exs b/config/config.exs
index 621eb6933..7d44e9df6 100644
--- a/config/config.exs
+++ b/config/config.exs
@@ -38,9 +38,6 @@ config :livebook,
   allowed_uri_schemes: [],
   aws_credentials: false
 
-# TODO: Remove this in aws_credentials 0.2.0
-config :aws_credentials, fail_if_unavailable: false
-
 # Import environment specific config. This must remain at the bottom
 # of this file so it overrides the configuration defined above.
 import_config "#{Mix.env()}.exs"
diff --git a/mix.exs b/mix.exs
index eda3f0296..31d24b612 100644
--- a/mix.exs
+++ b/mix.exs
@@ -110,7 +110,7 @@ defmodule Livebook.MixProject do
       {:earmark_parser, "~> 1.4"},
       {:ecto, "~> 3.10"},
       {:phoenix_ecto, "~> 4.4"},
-      {:aws_credentials, "~> 0.1.11", runtime: false},
+      {:aws_credentials, "~> 0.2.0", runtime: false},
       {:aws_signature, "~> 0.3.0"},
       {:mint_web_socket, "~> 1.0.0"},
       {:protobuf, "~> 0.8.0"},
diff --git a/mix.lock b/mix.lock
index 0d75249f3..d8d99f0fc 100644
--- a/mix.lock
+++ b/mix.lock
@@ -1,5 +1,5 @@
 %{
-  "aws_credentials": {:hex, :aws_credentials, "0.1.11", "4d7850f56e6224ef51626e527b3a95643a9a7a6224e4dae466576f4246c8c8d3", [:rebar3], [{:eini, "~> 2.2.3", [hex: :eini_beam, repo: "hexpm", optional: false]}, {:iso8601, "~> 1.3.1", [hex: :iso8601, repo: "hexpm", optional: false]}, {:jsx, "~> 3.0.0", [hex: :jsx, repo: "hexpm", optional: false]}], "hexpm", "e050f8a4b67a280b630597cbf1156607131eebff4afda8d5e0bfbb4b3e9724ef"},
+  "aws_credentials": {:hex, :aws_credentials, "0.2.0", "bbe64e3a4efe2220aec685b123e6719635d1fe58910fdfa374b84a16a7d9d809", [:rebar3], [{:eini, "~> 2.2.3", [hex: :eini_beam, repo: "hexpm", optional: false]}, {:iso8601, "~> 1.3.1", [hex: :iso8601, repo: "hexpm", optional: false]}, {:jsx, "~> 3.0.0", [hex: :jsx, repo: "hexpm", optional: false]}], "hexpm", "88058e68e67d47b39b2dc92b4bdde7cb4dc778b7ef6f430a98623d05c8ee2570"},
   "aws_signature": {:hex, :aws_signature, "0.3.1", "67f369094cbd55ffa2bbd8cc713ede14b195fcfb45c86665cd7c5ad010276148", [:rebar3], [], "hexpm", "50fc4dc1d1f7c2d0a8c63f455b3c66ecd74c1cf4c915c768a636f9227704a674"},
   "bandit": {:hex, :bandit, "1.1.0", "1414e65916229d4ee0914f6d4e7f8ec16c6f2d90e01ad5174d89e90baa577625", [:mix], [{:hpax, "~> 0.1.1", [hex: :hpax, repo: "hexpm", optional: false]}, {:plug, "~> 1.14", [hex: :plug, repo: "hexpm", optional: false]}, {:telemetry, "~> 0.4 or ~> 1.0", [hex: :telemetry, repo: "hexpm", optional: false]}, {:thousand_island, "~> 1.0", [hex: :thousand_island, repo: "hexpm", optional: false]}, {:websock, "~> 0.5", [hex: :websock, repo: "hexpm", optional: false]}], "hexpm", "4891fb2f48a83445da70a4e949f649a9b4032310f1f640f4a8a372bc91cece18"},
   "bypass": {:hex, :bypass, "2.1.0", "909782781bf8e20ee86a9cabde36b259d44af8b9f38756173e8f5e2e1fabb9b1", [:mix], [{:plug, "~> 1.7", [hex: :plug, repo: "hexpm", optional: false]}, {:plug_cowboy, "~> 2.0", [hex: :plug_cowboy, repo: "hexpm", optional: false]}, {:ranch, "~> 1.3", [hex: :ranch, repo: "hexpm", optional: false]}], "hexpm", "d9b5df8fa5b7a6efa08384e9bbecfe4ce61c77d28a4282f79e02f1ef78d96b80"},