Microsoft 365 features that help users manage their subscriptions, account settings, and billing information.
Greetings!
This is Tin, I'll do my best to help. That's right to be cautious. Please do not click on any links or buttons in the email you have received.
The best thing to do is open your browser separately and go to https://account.microsoft.com/services, then sign in to your account and check if your subscription is active. If yes, kindly go to https://onedrive.live.com to check your Onedrive usage.
There you can confirm if you're really lacking space for your OneDrive.
To avoid scam or phishing emails:
Please check the Microsoft website below on how to protect yourself from scam
https://support.microsoft.com/en-us/office/protect-yourself-from-tech-support-scams
https://support.microsoft.com/en-us/security/protect-yourself-from-online-scams-and-attacks
Thanks,
Tin