Just got an email that is allegedly from Microsoft saying that my outlook.com account is being reduced and I had to buy more storage.

"Warning: Email exceeded storage limit (Update)
Your account security   The capacity storage of your Microsoft account has dropped to (96MB) from your (2GB).   We may be forced to shut down your account if data exceed above capacity.   You are required to upgrade your account capacity immediately to avoid termination.

Please follow these steps:  

 

 

1. Upgrade my account. [Link removed]
2. You can also increase your capacity to 10GB. [Link removed]

 

  Your security and safety is our primary concern.   Thanks,   The Microsoft account team  

Doing a Google search  the only reference was to a 5Gig account limit    but nothing on the MS site saying what it was..

Is this email real or a phishing  trip??

Last year I bought a Office 365 account and migrated all my Orcon email to outlook.com.  My current Outlook.com OST file size is 814 Meg..