diff --git a/charts/argo-cd/Chart.yaml b/charts/argo-cd/Chart.yaml
index a68ababd..5ca4d16b 100644
--- a/charts/argo-cd/Chart.yaml
+++ b/charts/argo-cd/Chart.yaml
@@ -2,7 +2,7 @@ apiVersion: v2
 appVersion: 2.1.2
 description: A Helm chart for ArgoCD, a declarative, GitOps continuous delivery tool for Kubernetes.
 name: argo-cd
-version: 3.22.1
+version: 3.23.0
 home: https://github.com/argoproj/argo-helm
 icon: https://argoproj.github.io/argo-cd/assets/logo.png
 keywords:
@@ -21,4 +21,6 @@ dependencies:
     condition: redis-ha.enabled
 annotations:
   artifacthub.io/changes: |
-    - "[Fixed]: repoServer.extraContainers unused"
+    - "[Added]: Ability to provide annotations on redis service"
+    - "[Added]: Ability to provide additional labels on redis service"
+    - "[Fixed]: Use correct value for redis service targetPort"
diff --git a/charts/argo-cd/README.md b/charts/argo-cd/README.md
index 95a938dc..81b8058a 100644
--- a/charts/argo-cd/README.md
+++ b/charts/argo-cd/README.md
@@ -475,6 +475,8 @@ through `xxx.extraArgs`
 | redis.resources | Resource limits and requests for redis | `{}` |
 | redis.securityContext | Redis Pod Security Context | See [values.yaml](values.yaml) |
 | redis.servicePort | Redis service port | `6379` |
+| redis.service.annotations | Redis service annotations | `{}` |
+| redis.service.labels | Additional redis service labels | `{}` |
 | redis.tolerations | [Tolerations for use with node taints](https://kubernetes.io/docs/concepts/configuration/taint-and-toleration/) | `[]` |
 | redis.metrics.enabled | Deploy metrics service and redis-exporter sidecar | `false` |
 | redis.metrics.image.repository | redis-exporter image repository | `quay.io/bitnami/redis-exporter` |
diff --git a/charts/argo-cd/templates/redis/service.yaml b/charts/argo-cd/templates/redis/service.yaml
index cf1f98bf..e02e33f2 100644
--- a/charts/argo-cd/templates/redis/service.yaml
+++ b/charts/argo-cd/templates/redis/service.yaml
@@ -6,10 +6,17 @@ metadata:
   name: {{ template "argo-cd.redis.fullname" . }}
   labels:
     {{- include "argo-cd.labels" (dict "context" . "component" .Values.redis.name "name" .Values.redis.name) | nindent 4 }}
+    {{- with .Values.redis.service.labels }}
+      {{- toYaml . | nindent 4 }}
+    {{- end }}
+  {{- with .Values.redis.service.annotations }}
+  annotations:
+    {{- toYaml . | nindent 4 }}
+  {{- end }}
 spec:
   ports:
   - port: {{ .Values.redis.servicePort }}
-    targetPort: {{ .Values.redis.servicePort }}
+    targetPort: {{ .Values.redis.containerPort }}
   selector:
     {{- include "argo-cd.selectorLabels" (dict "context" . "name" .Values.redis.name) | nindent 4 }}
 {{- end }}
\ No newline at end of file
diff --git a/charts/argo-cd/values.yaml b/charts/argo-cd/values.yaml
index d914eacf..46ba167a 100755
--- a/charts/argo-cd/values.yaml
+++ b/charts/argo-cd/values.yaml
@@ -451,6 +451,10 @@ redis:
   ## Additional containers to be added to the redis pod.
   extraContainers: []
 
+  service:
+    annotations: {}
+    labels: {}
+
   metrics:
     enabled: false
     image: