The email tells you that Your account at Apple needs to be updated and gives you a link to do so. If You ever get an email from any company that wants you to update Your account and you are not sure if it is real NEVER click on the link in that email. Instead go to your account like you always have and when you sign in there will be a notice that you need to do something. If you do not see a notice you know the email was a scam.
but even better, be sure to see the exact email address it came from. this one came from :email@example.com so it was a sure bullshit email address but even if the email looks legit, never click on the link.
Further to our earlier RT – there appears to be an email phishing scam targeting UWS accounts today, claiming to be from Apple – IGNORE!
— UWS (@UniWestScotland) March 4, 2015