diff --git a/readme.md b/readme.md
index c011e6c..1750946 100644
--- a/readme.md
+++ b/readme.md
@@ -125,6 +125,8 @@ Minimum: `1`
 
 The max number of runs in the given interval of time.
 
+Can be changed after the queue is created via `queue.intervalCap`.
+
 ##### interval
 
 Type: `number`\
@@ -439,6 +441,8 @@ queue.timeout = 10000;
 
 #### [.concurrency](#concurrency)
 
+#### [.intervalCap](#intervalcap)
+
 #### .isPaused
 
 Whether the queue is currently paused.
diff --git a/source/index.ts b/source/index.ts
index bf7978c..9bfcac3 100644
--- a/source/index.ts
+++ b/source/index.ts
@@ -16,11 +16,12 @@ Promise queue with concurrency control.
 export default class PQueue<QueueType extends Queue<RunFunction, EnqueueOptionsType> = PriorityQueue, EnqueueOptionsType extends QueueAddOptions = QueueAddOptions> extends EventEmitter<EventName> { // eslint-disable-line @typescript-eslint/naming-convention
 	readonly #carryoverIntervalCount: boolean;
 
-	readonly #isIntervalIgnored: boolean;
+	// The `!` is needed because it's assigned via `#updateIsIntervalIgnored()` in the constructor.
+	#isIntervalIgnored!: boolean;
 
 	#intervalCount = 0;
 
-	readonly #intervalCap: number;
+	#intervalCap: number;
 
 	#rateLimitedInInterval = false;
 	#rateLimitFlushScheduled = false;
@@ -119,10 +120,10 @@ export default class PQueue<QueueType extends Queue<RunFunction, EnqueueOptionsT
 		// TODO: Remove this fallback in the next major version
 		// eslint-disable-next-line @typescript-eslint/no-deprecated
 		this.#carryoverIntervalCount = options.carryoverIntervalCount ?? options.carryoverConcurrencyCount ?? false;
-		this.#isIntervalIgnored = options.intervalCap === Number.POSITIVE_INFINITY || options.interval === 0;
 		this.#intervalCap = options.intervalCap;
 		this.#interval = options.interval;
 		this.#strict = options.strict!;
+		this.#updateIsIntervalIgnored();
 		this.#queue = new options.queueClass!();
 		this.#queueClass = options.queueClass!;
 		this.concurrency = options.concurrency!;
@@ -390,6 +391,29 @@ export default class PQueue<QueueType extends Queue<RunFunction, EnqueueOptionsT
 		this.#processQueue();
 	}
 
+	#updateIsIntervalIgnored(): void {
+		this.#isIntervalIgnored = this.#intervalCap === Number.POSITIVE_INFINITY || this.#interval === 0;
+	}
+
+	get intervalCap(): number {
+		return this.#intervalCap;
+	}
+
+	set intervalCap(newIntervalCap: number) {
+		if (!(typeof newIntervalCap === 'number' && newIntervalCap >= 1)) {
+			throw new TypeError(`Expected \`intervalCap\` to be a number from 1 and up, got \`${newIntervalCap}\` (${typeof newIntervalCap})`);
+		}
+
+		if (this.#strict && newIntervalCap === Number.POSITIVE_INFINITY) {
+			throw new TypeError('The `strict` option requires a finite `intervalCap`');
+		}
+
+		this.#intervalCap = newIntervalCap;
+		this.#updateIsIntervalIgnored();
+
+		this.#processQueue();
+	}
+
 	/**
 	Updates the priority of a promise function by its id, affecting its execution order. Requires a defined concurrency limit to take effect.
 
diff --git a/test/basic.ts b/test/basic.ts
index 1e90246..02af4c8 100644
--- a/test/basic.ts
+++ b/test/basic.ts
@@ -899,6 +899,65 @@ test('enforce number in options.intervalCap', () => {
 	});
 });
 
+test('enforce number in queue.intervalCap', () => {
+	assert.throws(
+		() => {
+			(new PQueue()).intervalCap = 0;
+		},
+		{constructor: TypeError},
+	);
+
+	assert.throws(
+		() => {
+			// @ts-expect-error Testing
+			(new PQueue()).intervalCap = undefined;
+		},
+		{constructor: TypeError},
+	);
+
+	assert.doesNotThrow(() => {
+		(new PQueue()).intervalCap = 1;
+	});
+
+	assert.doesNotThrow(() => {
+		(new PQueue()).intervalCap = 10;
+	});
+
+	assert.doesNotThrow(() => {
+		(new PQueue()).intervalCap = Number.POSITIVE_INFINITY;
+	});
+});
+
+test('queue.intervalCap requires a finite value when strict', () => {
+	const queue = new PQueue({intervalCap: 1, interval: 100, strict: true});
+
+	assert.throws(
+		() => {
+			queue.intervalCap = Number.POSITIVE_INFINITY;
+		},
+		{constructor: TypeError},
+	);
+});
+
+test('queue.intervalCap can be changed at runtime', async () => {
+	const queue = new PQueue({intervalCap: 1, interval: 100});
+
+	for (let index = 0; index < 4; index++) {
+		queue.add(async () => delay(1000));
+	}
+
+	// Only `intervalCap` (1) tasks are dequeued up front.
+	assert.equal(queue.pending, 1);
+	assert.equal(queue.size, 3);
+
+	// Raising the cap should immediately let more tasks start, without
+	// waiting for another interval tick.
+	queue.intervalCap = 3;
+
+	assert.equal(queue.pending, 3);
+	assert.equal(queue.size, 1);
+});
+
 test('enforce finite in options.interval', () => {
 	assert.throws(
 		() => {