I received an email from paypal claiming that they need to update my account information, but I've no clue if the email itself is legitimate. There does seem to be a policy update but the email asks for credit card number, account password... Anyone know anything about this?
Phishing e-mail
The link in the e-mail will lead you to a Fake -PayPal Homepage to grab your account informations.
And why should Pay-Pall ask you for an update of your account information by e-mail? They could just wait until you login next time to your paypal account and then ask you to check and update your informations or to accept new terms and conditions.