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How renting devices works, if you bring your income to Santander
When you lease any device, the leasing1 amount will be charged to your account on a monthly basis. If you meet the conditions of the promotion, we'll give you a monthly2 cashback. This means you can enjoy your device for the difference between the monthly lease and the cashback.
Choose your income range
to find out the monthly difference between the leasing cost and your cashback.
If your income is more than €1,200 and less than €3,000
With this income range, you will receive a bonus of €24,99/month. All table prices include VAT.
What can you do if you're interested in any of these iPhone devices?
- If you aren't already a customer, become one.
- Sign up for the promotion here.
- Once you've signed up, you can apply for a 36-month lease on the iPhone 17 of your choice.
You will have two months to meet all the conditions.
If you have any questions check the FAQs.
Useful information:
1. Transaction subject to prior approval by the bank.
2. Leasing offered by Banco Santander. Monthly lease of a 256 GB iPhone 17 PRO with no insurance €24.99/month; and monthly lease of a 256 GB iPhone 17 Pro with no insurance €33.99/month. Net monthly cashback of €24.99 (after deduction of withholding at the current rate of 19%) for the signature of a 36-month tech leasing contract by individuals who (1) set up a direct deposit for their salary or pension of more than €1,200 or alternatively a direct debit for their self-employed or mutual insurance contributions, (2) maintain this together with the direct debit of two monthly bills, (3) have monthly credit card activity or an account balance equal to or greater than €1,000 every day of the month, and (4) have an active Bizum service at Banco Santander. Net monthly cashback of €33.99 (after deduction of withholding at the current rate of 19%) for the signature of a 36-month tech leasing contract by individuals who (1) set up a direct deposit for their salary or pension of more than €3,000, (2) maintain this together with the direct debit of two monthly bills, (3) have monthly credit card activity or an account balance equal to or greater than €1,000 every day of the month, and (4) have an active Bizum service at Banco Santander. All T&Cs must be met to benefit from this promotion. Promotion valid until 14/01/2026. Leasing transactions and the assignment of a credit card are subject to prior approval by the bank. Check the promotion T&Cs here. At the end of your leasing contract you can return the phone, take out a new contract or keep the phone by purchasing it for the value of: €396 (VAT included) for iPhone 17 Pro and €288 (VAT included) for iPhone 17. Leasing offers valid in the Mainland, Balearic Islands and Canary Islands, not valid in Ceuta and Melilla.
3. The insurance, when applicable, covers theft, accidental drops and screen breakage. For smartphones and tablets, the policy only contains replacement cover if the item cannot be repaired and the claim amount exceeds €90. You can also choose to get your iPhone without insurance and enjoy it for a cheaper monthly cost. In the event of total loss or theft of uninsured devices, the leasing contract will be cancelled. In these cases, the customer will stop paying the monthly rental cost and must return the device or report the theft. For uninsured devices, any repairs to the device must be borne by the customer and must always be carried out at the manufacturer's official service centre.