iPhone 16 for €0/month¹

Useful information:

1. Monthly leasing of a 128 GB iPhone 16 with no insurance €24.99/month; and monthly leasing of a 128 GB iPhone 16 Pro with no insurance €30.99/month. Net monthly cashback bonus of €24.99 (after applying withholdings under prevailing tax regulations, currently 19%) will be received for signing up for a 36-month tech leasing contract by individuals who, for the first time, have their salary or pension of more than €1,200 paid directly to their account, or set up direct debits for their self-employed or mutual insurance contributions and maintain this together with the direct debit of two monthly bills, and a monthly credit card transaction or maintain an account balance of at least €1,000 every day of the month and an active Bizum service at Banco Santander. Net monthly cashback bonus of €30.99 (after applying withholdings under prevailing tax regulations, currently 19%) will be received for signing up for a 36-month tech leasing contract by individuals who, for the first time, have their salary or pension of more than €2,500 paid directly to their account, or set up direct debits for their self-employed or mutual insurance contributions and maintain this together with the direct debit of two monthly bills, and a monthly credit card transaction or maintain an account balance of at least €1,000 every day of the month and an active Bizum service at Banco Santander. All of the terms and conditions of the promotion must be met. Customers must use the form to sign up for the campaign. Promotion valid from 05/11/2024 to 15/02/2025. The monthly amount of the tech leasing contract must be greater than or equal to the cashback bonus received. Lower leasing amounts are not eligible for this promotion. The leasing facility and credit card are subject to prior approval by the bank. You can read the legal terms and conditions of the promotion here. At the end of your leasing contract, you can keep your 128 GB iPhone 16 by buying it for: €287.98 (VAT included); or your 128 GB iPhone 16 Pro by buying it for: €365.42 (VAT included). Alternatively, you can return it or lease a new device to ensure you are always using the latest equipment.
2. Transaction subject to prior approval by the bank.
3. At the end of your leasing contract, you can keep your device by paying €287.98 (VAT included), return it or lease a new device to ensure you are always using the latest equipment.
4. This contract has been drawn up through Santander Intermediación Correduría de Seguros, S.A. subject to the terms and conditions of the policy. This entity is registered in the Special Insurance Brokerage Company Register, with code no. J-989, Third-party liability and financial capacity are covered in accordance with applicable law.
5. Gross cashback bonus of €400 for new salary or pension payments deposited directly in your account of at least €2,500/month and the payment of two direct debits per month from the same account. For salaries between €600/month and €2,500/month, the gross cashback bonus will be €300. Minimum term of 24 months. You need to meet the terms and conditions of the promotion and sign up for the campaign using the form provided for customers. The promotional cashback bonus is a return on moveable capital subject to the relevant tax rate at the prevailing rate (currently 19%). The bank will withhold this amount and pay the remainder to the customer (€324 and €243, respectively). Promotion valid until 31 March 2025. Read the terms and conditions of the promotion
here.