diff --git a/changelog/new_json_symbolize_names_cop.md b/changelog/new_json_symbolize_names_cop.md
new file mode 100644
index 0000000000..c18c14e171
--- /dev/null
+++ b/changelog/new_json_symbolize_names_cop.md
@@ -0,0 +1 @@
+* [#1534](https://github.com/rubocop/rubocop-rails/pull/1534): Add new `Rails/JSONSymbolizeNames` cop. ([@viralpraxis][])
diff --git a/config/default.yml b/config/default.yml
index 2e59f3661a..4fe8ff868b 100644
--- a/config/default.yml
+++ b/config/default.yml
@@ -695,6 +695,11 @@ Rails/InverseOf:
   Include:
     - '**/app/models/**/*.rb'
 
+Rails/JSONSymbolizeNames:
+  Description: 'Use `JSON.parse(json, symbolize_names: true)` instead of `JSON.parse(json).deep_symbolize_keys`.'
+  Enabled: pending
+  VersionAdded: '<<next>>'
+
 Rails/LexicallyScopedActionFilter:
   Description: "Checks that methods specified in the filter's `only` or `except` options are explicitly defined in the class."
   StyleGuide: 'https://rails.rubystyle.guide#lexically-scoped-action-filter'
diff --git a/lib/rubocop/cop/rails/json_symbolize_names.rb b/lib/rubocop/cop/rails/json_symbolize_names.rb
new file mode 100644
index 0000000000..d98aa3368a
--- /dev/null
+++ b/lib/rubocop/cop/rails/json_symbolize_names.rb
@@ -0,0 +1,74 @@
+# frozen_string_literal: true
+
+module RuboCop
+  module Cop
+    module Rails
+      # Use `JSON.parse(json, symbolize_names: true)` instead of `JSON.parse(json).deep_symbolize_keys`.
+      # Using `symbolize_names: true` is more efficient as it creates symbols during parsing
+      # rather than requiring a second pass through the data structure.
+      #
+      # @example
+      #   # bad
+      #   JSON.parse(json).deep_symbolize_keys
+      #
+      #   # good
+      #   JSON.parse(json, symbolize_names: true)
+      #
+      #   # good
+      #   JSON.parse(json, create_additions: true).deep_symbolize_keys
+      #
+      class JSONSymbolizeNames < Base
+        extend AutoCorrector
+
+        MSG = 'Use `symbolize_names` option.'
+        RESTRICT_ON_SEND = %i[deep_symbolize_keys].to_set.freeze
+        JSON_PARSING_METHOD_NAMES = %i[load_file load_file! parse parse!].to_set.freeze
+
+        # @!method deep_symbolize_keys?(node)
+        def_node_matcher :deep_symbolize_keys?, <<~PATTERN
+          (call
+            (send (const {nil? cbase} :JSON) JSON_PARSING_METHOD_NAMES ...) :deep_symbolize_keys)
+        PATTERN
+
+        # @!method create_additions_true?(node)
+        def_node_matcher :create_additions_true?, <<~PATTERN
+          (pair (sym :create_additions) (true))
+        PATTERN
+
+        def on_send(node)
+          deep_symbolize_keys?(node) do
+            json_parse_node = node.receiver
+
+            next if create_additions_enabled?(json_parse_node)
+
+            handle_offense(node, json_parse_node)
+          end
+        end
+        alias on_csend on_send
+
+        private
+
+        def create_additions_enabled?(json_parse_node)
+          json_parse_node.arguments.any? do |arg|
+            next false unless arg.hash_type?
+
+            arg.pairs.any? { |pair| create_additions_true?(pair) }
+          end
+        end
+
+        def handle_offense(node, json_parse_node)
+          add_offense(node) do |corrector|
+            range_to_remove = json_parse_node.source_range.end.join(node.source_range.end)
+            corrector.remove(range_to_remove)
+
+            if json_parse_node.arguments.any?
+              corrector.insert_after(json_parse_node.last_argument, ', symbolize_names: true')
+            else
+              corrector.insert_after(json_parse_node.source_range.end.adjust(begin_pos: -1), 'symbolize_names: true')
+            end
+          end
+        end
+      end
+    end
+  end
+end
diff --git a/lib/rubocop/cop/rails_cops.rb b/lib/rubocop/cop/rails_cops.rb
index e3cea8a378..1f0d5c6a9d 100644
--- a/lib/rubocop/cop/rails_cops.rb
+++ b/lib/rubocop/cop/rails_cops.rb
@@ -77,6 +77,7 @@
 require_relative 'rails/index_with'
 require_relative 'rails/inquiry'
 require_relative 'rails/inverse_of'
+require_relative 'rails/json_symbolize_names'
 require_relative 'rails/lexically_scoped_action_filter'
 require_relative 'rails/link_to_blank'
 require_relative 'rails/mailer_name'
diff --git a/spec/rubocop/cop/rails/json_symbolize_names_spec.rb b/spec/rubocop/cop/rails/json_symbolize_names_spec.rb
new file mode 100644
index 0000000000..ac0a9774fe
--- /dev/null
+++ b/spec/rubocop/cop/rails/json_symbolize_names_spec.rb
@@ -0,0 +1,89 @@
+# frozen_string_literal: true
+
+RSpec.describe RuboCop::Cop::Rails::JSONSymbolizeNames, :config do
+  %i[load_file load_file! parse parse!].each do |method_name|
+    context "with `#{method_name}` method" do
+      it "registers an offense for `JSON.#{method_name}` followed by `deep_symbolize_keys`" do
+        expect_offense(<<~RUBY, method_name: method_name)
+          JSON.#{method_name}(json).deep_symbolize_keys
+          ^^^^^^{method_name}^^^^^^^^^^^^^^^^^^^^^^^^^^ Use `symbolize_names` option.
+        RUBY
+
+        expect_correction(<<~RUBY)
+          JSON.#{method_name}(json, symbolize_names: true)
+        RUBY
+      end
+
+      it "registers an offense for `JSON.#{method_name}` followed by `deep_symbolize_keys` with string literal" do
+        expect_offense(<<~RUBY, method_name: method_name)
+          JSON.#{method_name}('{"foo": "bar"}').deep_symbolize_keys
+          ^^^^^^{method_name}^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Use `symbolize_names` option.
+        RUBY
+
+        expect_correction(<<~RUBY)
+          JSON.#{method_name}('{"foo": "bar"}', symbolize_names: true)
+        RUBY
+      end
+
+      it "registers an offense for `::JSON.#{method_name}` followed by `deep_symbolize_keys`" do
+        expect_offense(<<~RUBY, method_name: method_name)
+          ::JSON.#{method_name}(json).deep_symbolize_keys
+          ^^^^^^^^{method_name}^^^^^^^^^^^^^^^^^^^^^^^^^^ Use `symbolize_names` option.
+        RUBY
+
+        expect_correction(<<~RUBY)
+          ::JSON.#{method_name}(json, symbolize_names: true)
+        RUBY
+      end
+
+      it "registers an offense for `::JSON.#{method_name}` followed by `deep_symbolize_keys` with safe navigation" do
+        expect_offense(<<~RUBY, method_name: method_name)
+          ::JSON.#{method_name}(json_null)&.deep_symbolize_keys
+          ^^^^^^^^{method_name}^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Use `symbolize_names` option.
+        RUBY
+
+        expect_correction(<<~RUBY)
+          ::JSON.#{method_name}(json_null, symbolize_names: true)
+        RUBY
+      end
+
+      it "registers an offense for `JSON.#{method_name}` followed by `deep_symbolize_keys` with non-literal option" do
+        expect_offense(<<~RUBY, method_name: method_name)
+          ::JSON.#{method_name}(json, options)&.deep_symbolize_keys
+          ^^^^^^^^{method_name}^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Use `symbolize_names` option.
+        RUBY
+
+        expect_correction(<<~RUBY)
+          ::JSON.#{method_name}(json, options, symbolize_names: true)
+        RUBY
+      end
+
+      it "does not register an offense for `JSON.#{method_name}` with `symbolize_names` option" do
+        expect_no_offenses(<<~RUBY)
+          JSON.#{method_name}(json, symbolize_names: true)
+        RUBY
+      end
+
+      it "does not register an offense for single `JSON.#{method_name}`" do
+        expect_no_offenses(<<~RUBY)
+          JSON.#{method_name}(json)
+        RUBY
+      end
+
+      context 'with `create_additions` option' do
+        it "registers an offense for `JSON.#{method_name}` with `create_additions` option set to `false`" do
+          expect_offense(<<~RUBY, method_name: method_name)
+            JSON.#{method_name}(json, create_additions: false).deep_symbolize_keys
+            ^^^^^^{method_name}^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ Use `symbolize_names` option.
+          RUBY
+        end
+
+        it "does not register for `JSON.#{method_name}` with `create_additions` option set to `true`" do
+          expect_no_offenses(<<~RUBY)
+            JSON.#{method_name}(json, create_additions: true).deep_symbolize_keys
+          RUBY
+        end
+      end
+    end
+  end
+end