I had a similar email (but it was genuine. My account HAD been limited).
It's amazing though, when I first signed upto paypal within about 5 minutes I got a phishing one, and I did click on the link. Then realised what I done, and stopped.
If it'd been any other time, I would've been aware of it, but because it caught me at the right time, I (almost) fell for it.
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