Lease your iPhone 16 for €0/month¹ subject to terms and conditions

1. Renting offered by Banco Santander. 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 16/02/2025 to 31/03/2025. 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. Rental offers valid in the Peninsula, Balearic Islands and Canary Islands, not valid in Ceuta and Melilla.

2. Leasing subject to prior approval by the Bank. 

3. The insurance covers theft, accidental dropping and screen breakage. In addition, the policy includes replacement coverage for smartphones and tablets if they cannot be repaired and the damage exceeds €90.

4. Operation subject to prior approval by the Bank.

5. Once the tax withholding has been applied in accordance with the Regulations in Force. The maximum amount of reimbursement to be received per month will be €10 net/month. Promotion valid until 30/06/2025 for customers who take out the Santander Credit Card for the first time. Check the conditions of the promotion here.