diff --git a/api/bolt/migrator/migrate_dbversion15.go b/api/bolt/migrator/migrate_dbversion15.go
new file mode 100644
index 000000000..4d4a62e39
--- /dev/null
+++ b/api/bolt/migrator/migrate_dbversion15.go
@@ -0,0 +1,14 @@
+package migrator
+
+func (m *Migrator) updateSettingsToDBVersion16() error {
+	legacySettings, err := m.settingsService.Settings()
+	if err != nil {
+		return err
+	}
+
+	if legacySettings.SnapshotInterval == "" {
+		legacySettings.SnapshotInterval = "5m"
+	}
+
+	return m.settingsService.UpdateSettings(legacySettings)
+}
diff --git a/api/bolt/migrator/migrator.go b/api/bolt/migrator/migrator.go
index 1f7d25b21..6ec80dcc9 100644
--- a/api/bolt/migrator/migrator.go
+++ b/api/bolt/migrator/migrator.go
@@ -203,5 +203,12 @@ func (m *Migrator) Migrate() error {
 		}
 	}
 
+	if m.currentDBVersion < 16 {
+		err := m.updateSettingsToDBVersion16()
+		if err != nil {
+			return err
+		}
+	}
+
 	return m.versionService.StoreDBVersion(portainer.DBVersion)
 }
diff --git a/api/portainer.go b/api/portainer.go
index bf4fbcc89..c8062ed7a 100644
--- a/api/portainer.go
+++ b/api/portainer.go
@@ -780,7 +780,7 @@ const (
 	// APIVersion is the version number of the Portainer API
 	APIVersion = "1.20.0"
 	// DBVersion is the version number of the Portainer database
-	DBVersion = 15
+	DBVersion = 16
 	// AssetsServerURL represents the URL of the Portainer asset server
 	AssetsServerURL = "https://portainer-io-assets.sfo2.digitaloceanspaces.com"
 	// MessageOfTheDayURL represents the URL where Portainer MOTD message can be retrieved