After the departure of the iPhone 16, Banco Santander He began a promotion where an iPhone 16 gave his new clients to domiced the payroll, however, it was not a gift as such, but a loan, since we talked about a rentier for 0 euros per month, which despite the same thing, it is not.

Today, the promotion has changed, or rather it has been expanded, but with a new model, the iPhone 16E that came out in the month of February, and which, unlike the previous one, is cheaper, so we will see some advantage, although it continues to have its inconveniences.

Advantages and Disadvantages of the Renting of iPhone del Santander

The advantage I think is clear, and we can have a new iPhone, without paying anything, just to meet certain requirements that we will see now, and that every user with payroll and a bank account can meet.

Domiciled your payroll (at least 1,200 euros) and two receipts.
Associate your bizum to your account in the Santander app.
Use your credit card at least once a month or keep a daily balance of at least € 1,000 in your account.

That is, they will force us to make the Santander account, something feasible, at least for a “gift” of that price, however, will have a series of Disadvantageswhich are the ones we are going to analyze, and that could quickly back us.

  1. 36 -month permanence: We will have to be, during this period, fulfilling the requirements, so, if for any casual, we are left without payroll, for example, we will have to pay the cost of the rental of the product, which is about 20 euros per month, that is, to pay the months that we do not have all the conditions met. In addition, 3 years, it may be for some, it is a long time with the same phone, and with the departure of the iPhone 17E, for example, they regret having tied to so much.
  2. It has no insurance: For the base price (the one that bonus us), we will not have insurance, which means that, if we break it, we will have to fix it on our own, and if they steal it or it does not compensate us to repair it, we will have to acquire another but continue to fulfill what Santander asks us, so that they do not charge us.
  3. Final payment: Being a rent, at the end of 36 months, you have two options, or return it (in case it is well and not spoiled or lost), or pay the part that they consider to be worth at that time, which according to the terms is € 141.57 (VAT included), which is quite well, but that makes us disburse that past 3 years so as not Active, which may compensate for us, if we are at ease with the bank.

And you, what other disadvantages do you see to acquire this product that, despite seemingly very sweet in the promotion, is not so much? Leave us a comment with your opinion and if you have already done with him, that he is looking for you.

The entrance the Santander Bank now gives you an iPhone 16E: Is the promotion worth? It was published first in the bite apple.

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