COVID-19 Stimulus Checks

Economic Impact Payments

About CARES Act | Economic Impact Payments |  BECU Account FAQ  | Stimulus Checks FAQ | Fraud Tips | Related Content

The CARES Act

On March 27, the Coronavirus Aid, Relief and Economic Security (CARES) Act, a $2 trillion stimulus package aimed at assisting individuals, states and businesses affected by the coronavirus (COVID-19) pandemic, was signed into law. 

The legislation will expand unemployment aid, offer billions of dollars in loans to both small and large businesses, and send $100 billion to hospitals on the front line of the pandemic. 

Economic Impact Payments (COVID-19 Stimulus Checks)

A highly anticipated component of the CARES Act is a direct cash payment to millions of Americans. Eligible taxpayers could receive a payment of up to $1,200 for individuals, or $2,400 for married couples. Parents may also receive up to $500 for each qualifying child.

For details about the arrival of the checks, what your payment could be, and whether or not you're eligible to receive one, visit the FAQ on the IRS's site.

BECU Account FAQ for Stimulus Checks

For answers to questions about the payments with regard to your BECU account, please read the following:

General FAQ for Stimulus Checks

General questions and answers around the Economic Impact Payments (stimulus checks).

Protecting Yourself From Fraud

Unfortunately, fraudsters are using the pandemic as a way of taking advantage of people. Stay informed about the scams we're seeing so far:

What We Know about COVID Scams

Watch Out for These COVID Scams

Look Out for Scams Targeting Taxpayers

As always, please contact us if you think you've been a target of any scam or fraud attempt.

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