Apple ID information has been updated

I also received the identical email - addressed to me by name, and apparently from Apple. (I hovered the cursor over the web address.) However, I did not click on the email link. Instead, I entered the appleid url in the field of my browser and went directly to the Apple website - just in case - and changed my password.

My billing address was unchanged. I've been unable to determine why Apple sent me the alert.

I believe you may be right about the expired credit card triggering this email. My card on file expires later this month as well and I just got an email identical to yours except mine said "Billing Information" instead of "Billing Address." I'm going to change my password just in case but I believe we both probably got this email because of expiring payment info.

If the e-mail addresses you with Dear Customer or Dear your-e-mail-address or ...,

instead of your full name then it's 100% phishing scam.

You can report it to Apple and delete the post.

Read here: Avoid phishing emails, fake 'virus' alerts, phony support calls, and other scams - Apple Support

That kind of looks like an Apple email to me, although there are one or 2 slight differences to the ones I get, but that could be because I'm in the UK. Try hovering over the web address with your mouse to reveal where it would send you.

Then I believe the email is likely genuine. I have seen others report such emails can go out in error, but for peace of mind, you may wish to change your password.

E