How to Play Monopoly With Electronic Banking

How to Play Monopoly With Electronic Banking

Monopoly is a classic board game that has been entertaining families and friends for generations. With the rise of technology, the game has evolved to offer a modern twist: electronic banking. Instead of handling physical money, players can now transact using an electronic banking unit and credit cards. This article will guide you through how to play Monopoly with electronic banking.

Getting Started


Before you start, ensure that your game includes the following components:

Game board

Electronic Banking Unit

Banking cards for each player

Property cards

Houses and Hotels



Chance and Community Chest cards


Lay out the game board, and each player selects a token.

Shuffle the Chance and Community Chest cards and place them on their respective spaces.

Each player receives a banking card. The electronic banking unit acts as the “banker.” Initialize each card with a balance of M15,000 (or the starting amount mentioned in your game edition).

Decide who goes first. This can be done by rolling the dice with the highest roll going first.
The Rules

The fundamental rules remain the same as classic Monopoly, but with a twist in handling money. Here’s a brief overview:

Rolling the Dice: On your turn, roll the dice and move your token forward the number of spaces rolled.

Buying Property: When you land on an unowned property, you can choose to buy it. If you decide to purchase, use the electronic banking unit to deduct the property’s price from your card. Then, take the property card from the bank.

Paying Rent: If another player owns the property you land on, you must pay them rent. The owner will present their property card to show the rent due. Both players use the banking unit to transfer the rent from the landing player’s card to the property owner’s card.

Houses and Hotels: When you own all properties of a color set, you can start building houses. Each house increases the rent other players must pay when landing on your property. Use the banking unit to deduct the cost of each house or hotel you buy. Remember, there’s a house limit before you can upgrade to hotels.

Chance and Community Chest: When landing on these spaces, draw the top card and follow its instructions. Some cards might instruct you to pay money or receive money. Use the electronic banking unit for these transactions.

Taxes and Utilities: Just like the classic game, if you land on a utility or tax space, use the electronic banking unit to make the necessary payment.

Bankruptcy: If you owe more than you can pay either to another player or the Bank, you are bankrupt! If your debt is to another player, you must give to that player all that you have of value and retire from the game.

Electronic Banking Unit

Using the electronic banking unit is straightforward:

Transferring Money: To make a payment, the payer inserts their card into the left slot and the receiver’s card into the right slot. Then, using the banking unit’s keypad, the payer enters the amount to be transferred and presses the ‘SUBTRACT’ button. The amount will be deducted from the payer’s card and added to the receiver’s card.

Checking Balances: Insert your banking card into either slot and press the ‘BALANCE’ button. The screen will display your current balance.

Bank Fees & Bonuses: Sometimes, players may have to pay fees or will receive bonuses (e.g., from Chance or Community Chest cards). Use the banking unit to adjust balances accordingly.

Advantages of Electronic Banking

Speed: Transactions are faster since there’s no need to count bills or make change.

Convenience: No risk of misplacing or tearing paper money.

Learning Opportunity: It offers a modern twist, familiarizing younger players with digital transactions, an integral part of today’s financial landscape.

Monopoly with electronic banking offers a contemporary take on a classic game. While the core rules remain unchanged, the electronic transactions add an exciting layer to the game and mirror our shift towards cashless societies. Not only is this version more efficient, but it also provides a unique way to teach younger generations about digital finance. Whether you’re a seasoned Monopoly enthusiast or a beginner, this edition promises fun-filled, tech-savvy game nights!

Tips and Strategies for Monopoly with Electronic Banking

As you delve deeper into Monopoly with electronic banking, it’s crucial to adapt your strategies to this modern version. Here are some tips to maximize your gameplay:

Keep an Eye on Your Balance: With no physical money to count, it’s easier to lose track of your funds. Periodically check your balance on the electronic banking unit. This will help you make informed decisions about property investments and trading.

Invest Early: While this is a general Monopoly strategy, it’s particularly pertinent in the electronic version where transactions are swifter. The sooner you start acquiring properties and building houses, the faster you can start collecting higher rents.

Trade Smart: Use the efficiency of the electronic banking system to facilitate trades. Remember, owning complete color sets lets you build houses, making trading crucial. Be strategic in your negotiations, aiming for color sets that give you leverage.

Manage Your Assets: If funds are running low, consider mortgaging properties. The electronic banking system makes this process efficient. However, ensure you have a strategy to unmortgage them later, so they continue generating revenue.

Adapt to the Digital Aspect: Embrace the electronic banking unit’s features. Use its speed and efficiency to your advantage, especially in trades and quick calculations.

Teach and Learn: The electronic banking version is an excellent opportunity to teach kids about digital finances in a fun setting. Discuss strategies, explain the concept of electronic transactions, and emphasize the importance of financial planning.

Common Questions about Monopoly with Electronic Banking

What happens if the electronic banking unit malfunctions?

It’s rare, but if it does happen, try changing the batteries or resetting the unit. Always ensure you handle the unit with care to prevent any damage. If you’re worried about potential malfunctioning, make a habit of noting players’ balances at intervals, so you have a reference.

Can I mix traditional and electronic versions of Monopoly?

While the core gameplay remains the same, mixing might cause confusion due to different property values and currency denominations. It’s recommended to play them separately.

Is the game’s duration affected with electronic banking?

Some players find that games are slightly faster since transactions are more efficient. However, game duration still largely depends on players’ strategies and decisions.

Monopoly with electronic banking seamlessly integrates modern financial practices into a timeless game, making it relevant and engaging for today’s generation. As with any version of Monopoly, success lies in strategic planning, smart investments, and a little bit of luck. So, gather your friends and family, roll the dice, and immerse yourself in a game that has been loved by many for over a century, now with a 21st-century twist.