Updating the Netflix Account?

I bought a Netflix account a few months ago and paid for it with a coupon. I got a mail a few days ago that this account has just been shut down. In the mail is but that I have my account until 7.12. Update should be. What happens if I do not do that? Will my account be deleted? LG

Although I'm correctly logged in and let it withdraw monthly from the account but I think that you then only the access is blocked. Of course you can sign up there anytime. The account is indeed bound to the email address and this will not change even after the deletion so you can log in with this again at any time.