Just got an email from paypal?

The message said this: Your credit card information has been changed!

On Aug. 2, 2008, your credit card was removed from your PayPal account.

You are receiving this email notification because this email address is listed as the administrative contact email for your PayPal account. If you belive this is an error, click the link below, log in to your PayPal account and follow the instructions.

It was sent to my hotmail account and it asked me before opening it because it could be"This message may be a phishing scam" what is this? should i click on the link? whats happened to my card?

Update:

Thank you all for your answers! I started to get abit worried! I checked the sender and its .com so it must be a scam as i checked paypal and my cards are still ok! thanks! :)

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