diff --git a/prefect_aws/client_parameters.py b/prefect_aws/client_parameters.py
index eb3be09b..6b47c422 100644
--- a/prefect_aws/client_parameters.py
+++ b/prefect_aws/client_parameters.py
@@ -7,6 +7,8 @@
 from botocore.client import Config
 from pydantic import VERSION as PYDANTIC_VERSION
 
+from prefect_aws.utilities import hash_collection
+
 if PYDANTIC_VERSION.startswith("2."):
     from pydantic.v1 import BaseModel, Field, FilePath, root_validator, validator
 else:
@@ -78,7 +80,7 @@ def __hash__(self):
                 self.verify,
                 self.verify_cert_path,
                 self.endpoint_url,
-                self.config,
+                hash_collection(self.config),
             )
         )
 
diff --git a/prefect_aws/credentials.py b/prefect_aws/credentials.py
index 5aeddaa6..474a610a 100644
--- a/prefect_aws/credentials.py
+++ b/prefect_aws/credentials.py
@@ -118,7 +118,7 @@ def __hash__(self):
             hash(self.aws_session_token),
             hash(self.profile_name),
             hash(self.region_name),
-            hash(frozenset(self.aws_client_parameters.dict().items())),
+            hash(self.aws_client_parameters),
         )
         return hash(field_hashes)
 
diff --git a/prefect_aws/utilities.py b/prefect_aws/utilities.py
new file mode 100644
index 00000000..ad1e6ed2
--- /dev/null
+++ b/prefect_aws/utilities.py
@@ -0,0 +1,35 @@
+"""Utilities for working with AWS services."""
+
+from prefect.utilities.collections import visit_collection
+
+
+def hash_collection(collection) -> int:
+    """Use visit_collection to transform and hash a collection.
+
+    Args:
+        collection (Any): The collection to hash.
+
+    Returns:
+        int: The hash of the transformed collection.
+
+    Example:
+        ```python
+        from prefect_aws.utilities import hash_collection
+
+        hash_collection({"a": 1, "b": 2})
+        ```
+
+    """
+
+    def make_hashable(item):
+        """Make an item hashable by converting it to a tuple."""
+        if isinstance(item, dict):
+            return tuple(sorted((k, make_hashable(v)) for k, v in item.items()))
+        elif isinstance(item, list):
+            return tuple(make_hashable(v) for v in item)
+        return item
+
+    hashable_collection = visit_collection(
+        collection, visit_fn=make_hashable, return_data=True
+    )
+    return hash(hashable_collection)
diff --git a/tests/test_credentials.py b/tests/test_credentials.py
index 96ecbd22..6e593212 100644
--- a/tests/test_credentials.py
+++ b/tests/test_credentials.py
@@ -164,3 +164,28 @@ def test_aws_credentials_hash_changes(credentials_type, initial_field, new_field
     new_hash = hash(credentials)
 
     assert initial_hash != new_hash, "Hash should change when region_name changes"
+
+
+def test_aws_credentials_nested_client_parameters_are_hashable():
+    """
+    Test to ensure that nested client parameters are hashable.
+    """
+
+    creds = AwsCredentials(
+        region_name="us-east-1",
+        aws_client_parameters=dict(
+            config=dict(
+                connect_timeout=5,
+                read_timeout=5,
+                retries=dict(max_attempts=10, mode="standard"),
+            )
+        ),
+    )
+
+    assert hash(creds) is not None
+
+    client = creds.get_client("s3")
+
+    _client = creds.get_client("s3")
+
+    assert client is _client
diff --git a/tests/test_utilities.py b/tests/test_utilities.py
new file mode 100644
index 00000000..0e0fdc6f
--- /dev/null
+++ b/tests/test_utilities.py
@@ -0,0 +1,34 @@
+import pytest
+
+from prefect_aws.utilities import hash_collection
+
+
+class TestHashCollection:
+    def test_simple_dict(self):
+        simple_dict = {"key1": "value1", "key2": "value2"}
+        assert hash_collection(simple_dict) == hash_collection(
+            simple_dict
+        ), "Simple dictionary hashing failed"
+
+    def test_nested_dict(self):
+        nested_dict = {"key1": {"subkey1": "subvalue1"}, "key2": "value2"}
+        assert hash_collection(nested_dict) == hash_collection(
+            nested_dict
+        ), "Nested dictionary hashing failed"
+
+    def test_complex_structure(self):
+        complex_structure = {
+            "key1": [1, 2, 3],
+            "key2": {"subkey1": {"subsubkey1": "value"}},
+        }
+        assert hash_collection(complex_structure) == hash_collection(
+            complex_structure
+        ), "Complex structure hashing failed"
+
+    def test_unhashable_structure(self):
+        typically_unhashable_structure = dict(key=dict(subkey=[1, 2, 3]))
+        with pytest.raises(TypeError):
+            hash(typically_unhashable_structure)
+        assert hash_collection(typically_unhashable_structure) == hash_collection(
+            typically_unhashable_structure
+        ), "Unhashable structure hashing failed after transformation"