recieved an e-mail but not sure if its legit

I received this email the other day..not too sure if its legit..

Dear Meredith Robar, On 04/22/2019 you are scheduled to be charged $1.29 for your 50 GB iCloud storage plan, but there is a problem with your payment information. Be sure to update your payment information as soon as possible. Your account will be downgraded to the free 5 GB storage plan if we cannot successfully renew your subscription. Follow the instructions below to update your billing information:

1. Go to Settings and tap iCloud.

2. Tap your name.

3. Tap Payment and follow the prompts.

You can also update payment information from a Mac or PC.  

I am concerned as I know I have enough funds on my card..Please help...Thank You ,Meredith