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Block Inc.’s Cash App unit says it is attempting to make it easier for consumers to salt away money with the introduction of Cash App Savings. The new feature allows Cash App users to deposit savings into a separate account within the app, build additional savings by rounding up their purchases when using their Cash App cards, and set savings goals. The feature is being introduced at a time when the personal saving rate for Americans is the lowest it has been since 2005, according to the Bureau of Economic Analysis.

The roundup capability allows Cash App users to save money by rounding up purchases made using the Cash App card to the nearest dollar and having the spare change deposited into their savings balance.