Update Payment Information always showing red 1 and needing action
My iCloud is part of a Family Sharing group. The Family Sharing groups owner credit card was fraudulently used so my iCloud storage failed billing. He updated his iCloud billing to a new card and the iCloud storage billed fine later that day.
The thing is that my phone in the Settings area constantly shows as needing "Update Payment Information" action on my part. I click through and it shows me the Payment method that is shared, which I cannot edit or remove which is normal.
The problem is that everything looks fine, and is working fine, but the "Update Payment Information" notice never goes away and it has that annoying little red number 1 saying action is needed on my part.
This has been like this for a week now, and I have restarted the phone multiple times as well as tried to set the payment information on the website as well and nothing seems to work.
iPhone 7