Santander App
Carry your bank around on your mobile. Make transfers, control your credit cards, withdraw cash from ATMs, check your spending, and more.
1/6
This number is indicative of the risk of the product, being 1/6 indicative of lower risk and 6/6 of higher risk.
Banco Santander is attached to the Credit Institutions Deposit Guarantee Fund. For money deposits the maximum guaranteed amount is 100,000 euros per depositor in each credit institution.
This risk indicator refers to Online Account
Think about what you'll do with your new iPhone 16, not how much it costs
Because in just three steps, you'll get the most out of it:
1
Once you've become a customer, get your Online Banking passwords and sign up for the campaign.
After signing up, you'll be able to enter a renting agreement for your iPhone 16. You'll have two months to meet the requirements.
2
You will need to meet these conditions:
3
Make one transaction per month of any amount with your credit card2 or keep €1,000 in your account at all times.
Rent your iPhone 16
Your iPhone 16 128 GB for
Enjoy renting2 for 36 months.
The cost of renting will be €24.99 (VAT included) and will be charged to your account monthly.
You will receive a net refund of €24.99 in your account every month as long as you meet the conditions.
What are the advantages of enjoying your iPhone 16 with renting?
Choose the colour you like best at no additional cost.
If you want a device with more than 128 GB memory, the monthly leasing fee will vary depending on how much storage you choose. The cashback bonus you receive will still be based on your salary.
definition-of-ready
Immediate availability. Management, shipping and collection costs included.
technological-renting
At the end of your leasing contract, you can either: return it, keep it3 or lease a new device to ensure you are always using the latest equipment2.
If your salary is €2,500 or more and you meet the rest of the conditions of the promotion1
the bonus you will receive once you have contracted the iPhone 16 PRO for 36 months will be €30.99, which is equivalent to the monthly cost of renting.
In the event that your salary is €1,200 or more and less than €2,500 and you want to rent the iPhone 16 PRO, the bonus you will receive will continue to be €24.99/month. Keep in mind that the monthly rent to be paid will be €30.99/month for the iPhone 16 PRO.
If you hire the iPhone 16 PRO, and the salary is less than €2,500 and more than €1,200, you would pay €24.99 instead of €30.99. When the salary is again equal to or greater than €2,500, the bonus will be €30.99.
Find out here how much the difference is between the cost of renting and your bonus for any device in the iPhone 16 range
Yes, you can join the campaign. You just need to register using the form, set up your payroll, and meet the other requirements.
Renting is a 36-month contract, in case of canceling the contract you can do it keeping the device or not, in both cases we will provide you with a simulation of the cancellation cost.
At the end of your lease contract you can keep the device by buying it for an amount that you can check here and you can also return it or hire a new one to always be up to date.
Once you have opened your account with the Bank, you can join the campaign and set up your rental. From that moment, you will have 2 months to set up your payroll, two monthly direct debits, Bizum, and start using your credit card at least once a month. Alternatively, you can maintain a balance of €1,000 in your account instead of using your card.
After signing up for the promotion and setting up your 36-month rental, the Bank will conduct an initial verification. After that, you will receive two bonuses (one in the first month and another in the second month after signing up for the Technology Rental), which will be €24.99 net if you rented an iPhone 16, or €30.99 net if your payroll is €2,500 or more and you rented an iPhone 16 PRO.
After the second settlement period, the incentive will not be paid if all the requirements are not met. There is no penalty.
In months where the specified requirements are not met, no bonus will be granted. The bonus will not be cumulative or recoverable.
Not a customer yet?
The first thing you need to do to enjoy your iPhone 16 with renting is to become a customer and sign up for an Online Account
An account with no maintenance fee and, in addition, no requirements: no required incomings, no need to set up direct debits for your bills or a minimum term.
Non-interest-bearing account (NIR, AER 0%) for new customers.
card
There are no issuance or maintenance fees and it includes accident insurance of up to €120,0004.
Available as soon as your account is opened, without needing a physical card.
checkmark-in-a-circle
1. Enter your details.
2. Verify your identity.
3. Sign the agreement.
In this case, you can also enjoy your iPhone 16 for €0/month. All you have to do is sign up for the promotion, request the renting and meet the rest of the conditions.
Before opening the account, it is important that you consult and carefully review these documents:
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.
Other related products
You might be interested in
Find out more
SANTANDER BLOG
How to pay using your mobile
What are the differences between a joint holder and an authorised one?
FAQs
How to withdraw money without a card
SANTANDER BLOG