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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.

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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

Become a client and sign up

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

Bring your salary, two bills and Bizum

You will need to meet these conditions:

  • Bring your salary or pension of at least €1,200.
  • Set up a direct debit for two monthly bills.
  • Have your Bizum activated in the Santander App.

3

Make the most of your account

Make one transaction per month of any amount with your credit card2 or keep €1,000 in your account at all times.

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Rent your iPhone 16


Your iPhone 16 128 GB for

0€/month

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.

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What are the advantages of enjoying your iPhone 16 with renting?

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You can choose the colour and storage capacity

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.

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A process that makes it easy for you

Immediate availability. Management, shipping and collection costs included.

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And after 36 months, you decide

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.

 


Do you want to enjoy an iPhone 16 PRO for €0/month?

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

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Frequently Asked Questions about the Promotion

 

  • If I already have an account but haven't set up payroll, can I benefit from the promotion?

  • Yes, you can join the campaign. You just need to register using the form, set up your payroll, and meet the other requirements.

  • What happens if I don't meet the 36-month rental term?

  • 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.

  • What happens when the 36-month rental contract ends?

  • 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.

  • How long do I have to meet the requirements to receive the bonus?

  • 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.

  • What happens if I don't meet the conditions?

  • In months where the specified requirements are not met, no bonus will be granted. The bonus will not be cumulative or recoverable.

Check the FAQ about the promotion here

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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

savings

No fees or conditions, available for several accountholders

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.

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Debit card with accident insurance

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.

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The account that is quick to set up in just a few steps

1. Enter your details.
2. Verify your identity.
3. Sign the agreement.

FIND OUT MORE

 

Are you a customer but don't have your salary with us?

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.

What important information do I need to know about the Online Account?

Before opening the account, it is important that you consult and carefully review these documents:

  • Pre-contractual information: which describes the operation of the account and its features. You will find the most important things highlighted in bold.
  • Fee information document: contains the fees payable for the most common services associated with the account.
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