diff --git a/packages/core/src/client.ts b/packages/core/src/client.ts
index 90eea1e2d..d724a5464 100644
--- a/packages/core/src/client.ts
+++ b/packages/core/src/client.ts
@@ -1,6 +1,6 @@
 import { clearTimeout, setTimeout } from 'node:timers';
 import type { REST } from '@discordjs/rest';
-import { calculateShardId } from '@discordjs/util';
+import { calculateShardId, GatewayRateLimitError } from '@discordjs/util';
 import { WebSocketShardEvents } from '@discordjs/ws';
 import { DiscordSnowflake } from '@sapphire/snowflake';
 import { AsyncEventEmitter } from '@vladfrangu/async_event_emitter';
@@ -57,6 +57,7 @@ import {
 	type GatewayMessageUpdateDispatchData,
 	type GatewayPresenceUpdateData,
 	type GatewayPresenceUpdateDispatchData,
+	type GatewayRateLimitedDispatchData,
 	type GatewayReadyDispatchData,
 	type GatewayRequestGuildMembersData,
 	type GatewayStageInstanceCreateDispatchData,
@@ -150,6 +151,7 @@ export interface MappedEvents {
 	[GatewayDispatchEvents.MessageReactionRemoveEmoji]: [ToEventProps<GatewayMessageReactionRemoveEmojiDispatchData>];
 	[GatewayDispatchEvents.MessageUpdate]: [ToEventProps<GatewayMessageUpdateDispatchData>];
 	[GatewayDispatchEvents.PresenceUpdate]: [ToEventProps<GatewayPresenceUpdateDispatchData>];
+	[GatewayDispatchEvents.RateLimited]: [ToEventProps<GatewayRateLimitedDispatchData>];
 	[GatewayDispatchEvents.Ready]: [ToEventProps<GatewayReadyDispatchData>];
 	[GatewayDispatchEvents.Resumed]: [ToEventProps<never>];
 	[GatewayDispatchEvents.StageInstanceCreate]: [ToEventProps<GatewayStageInstanceCreateDispatchData>];
@@ -182,6 +184,10 @@ export interface RequestGuildMembersResult {
 	presences: NonNullable<GatewayGuildMembersChunkDispatchData['presences']>;
 }
 
+function createTimer(controller: AbortController, timeout: number) {
+	return setTimeout(() => controller.abort(), timeout);
+}
+
 export class Client extends AsyncEventEmitter<MappedEvents> {
 	public readonly rest: REST;
 
@@ -220,13 +226,24 @@ export class Client extends AsyncEventEmitter<MappedEvents> {
 
 		const controller = new AbortController();
 
-		const createTimer = () =>
-			setTimeout(() => {
-				controller.abort();
-			}, timeout);
+		let timer: NodeJS.Timeout | undefined = createTimer(controller, timeout);
 
-		let timer: NodeJS.Timeout | undefined = createTimer();
+		const onRatelimit = ({ data }: ToEventProps<GatewayRateLimitedDispatchData>) => {
+			// We could verify meta.guild_id === options.guild_id as well, but really, the nonce check is enough
+			if (data.meta.nonce === nonce) {
+				controller.abort(new GatewayRateLimitError(data, options));
+			}
+		};
 
+		const cleanup = () => {
+			if (timer) {
+				clearTimeout(timer);
+			}
+
+			this.off(GatewayDispatchEvents.RateLimited, onRatelimit);
+		};
+
+		this.on(GatewayDispatchEvents.RateLimited, onRatelimit);
 		await this.gateway.send(shardId, {
 			op: GatewayOpcodes.RequestGuildMembers,
 			// eslint-disable-next-line id-length
@@ -256,22 +273,23 @@ export class Client extends AsyncEventEmitter<MappedEvents> {
 					chunkCount: data.chunk_count,
 				};
 
-				if (data.chunk_index >= data.chunk_count - 1) {
-					break;
-				} else {
-					timer = createTimer();
-				}
+				if (data.chunk_index >= data.chunk_count - 1) break;
+
+				// eslint-disable-next-line require-atomic-updates
+				timer = createTimer(controller, timeout);
 			}
 		} catch (error) {
 			if (error instanceof Error && error.name === 'AbortError') {
+				if (error.cause instanceof GatewayRateLimitError) {
+					throw error.cause;
+				}
+
 				throw new Error('Request timed out');
 			}
 
 			throw error;
 		} finally {
-			if (timer) {
-				clearTimeout(timer);
-			}
+			cleanup();
 		}
 	}
 
diff --git a/packages/core/src/index.ts b/packages/core/src/index.ts
index 03a97ad41..ca4c37102 100644
--- a/packages/core/src/index.ts
+++ b/packages/core/src/index.ts
@@ -5,6 +5,8 @@ export * from './util/index.js';
 
 export * from 'discord-api-types/v10';
 
+export { GatewayRateLimitError } from '@discordjs/util';
+
 /**
  * The {@link https://github.com/discordjs/discord.js/blob/main/packages/core#readme | @discordjs/core} version
  * that you are currently using.
diff --git a/packages/util/package.json b/packages/util/package.json
index 437fa7270..4c01203da 100644
--- a/packages/util/package.json
+++ b/packages/util/package.json
@@ -61,6 +61,9 @@
 	},
 	"homepage": "https://discord.js.org",
 	"funding": "https://github.com/discordjs/discord.js?sponsor",
+	"dependencies": {
+		"discord-api-types": "^0.38.33"
+	},
 	"devDependencies": {
 		"@discordjs/api-extractor": "workspace:^",
 		"@discordjs/scripts": "workspace:^",
diff --git a/packages/util/src/gatewayRateLimitError.ts b/packages/util/src/gatewayRateLimitError.ts
new file mode 100644
index 000000000..884b7fa51
--- /dev/null
+++ b/packages/util/src/gatewayRateLimitError.ts
@@ -0,0 +1,25 @@
+import type { GatewayOpcodeRateLimitMetadataMap, GatewayRateLimitedDispatchData } from 'discord-api-types/v10';
+
+/**
+ * Represents the error thrown when the gateway emits a `RATE_LIMITED` event after a certain request.
+ */
+export class GatewayRateLimitError extends Error {
+	public override readonly name = GatewayRateLimitError.name;
+
+	public constructor(
+		/**
+		 * The data associated with the rate limit event
+		 */
+		public readonly data: GatewayRateLimitedDispatchData<keyof GatewayOpcodeRateLimitMetadataMap>,
+		/**
+		 * The payload data that lead to this rate limit
+		 *
+		 * @privateRemarks
+		 * Too complicated to type properly here (i.e. extract the ['data']
+		 * of event payloads that have t = keyof GatewayOpcodeRateLimitMetadataMap)
+		 */
+		public readonly payload: unknown,
+	) {
+		super(`Request with opcode ${data.opcode} was rate limited. Retry after ${data.retry_after} seconds.`);
+	}
+}
diff --git a/packages/util/src/index.ts b/packages/util/src/index.ts
index 2b9f050e1..16ba8a245 100644
--- a/packages/util/src/index.ts
+++ b/packages/util/src/index.ts
@@ -2,6 +2,7 @@ export * from './types.js';
 export * from './functions/index.js';
 export * from './JSONEncodable.js';
 export * from './Equatable.js';
+export * from './gatewayRateLimitError.js';
 
 /**
  * The {@link https://github.com/discordjs/discord.js/blob/main/packages/util#readme | @discordjs/util} version
diff --git a/pnpm-lock.yaml b/pnpm-lock.yaml
index bc23aef21..935e0f19b 100644
--- a/pnpm-lock.yaml
+++ b/pnpm-lock.yaml
@@ -1270,6 +1270,10 @@ importers:
         version: 2.1.9(@edge-runtime/vm@3.2.0)(@types/node@18.19.130)(terser@5.44.1)
 
   packages/util:
+    dependencies:
+      discord-api-types:
+        specifier: ^0.38.33
+        version: 0.38.33
     devDependencies:
       '@discordjs/api-extractor':
         specifier: workspace:^