I logged into OneDrive today and received this message:
Seems like Microsoft are pushing Office 365 harder than ever, and are shrinking my 25GB OneDrive account to 5GB in a few months. However, I am using 39.1GB/40GB of space on the free plan.
What will happen to my files if I am still over this limit by the 10/08/2016?
Will my loyalty bonus still apply?
This is my current storage status:
Best Answer
For the free OneDrive plan, there is still quite a bit of time (as you've seen from the expiration date on your screenshot).
The One Drive Storage Changes FAQ delineates the specific rules:
In terms of the loyalty bonus, since it doesn't have the standard expiration date (I have the same date cited on my accounts) on it, that capacity should remain on your account (further confirmed here and, as cited on that page, from the horse's mouth on the MS representative's Twitter feed). The free plan bonus will evaporate, though.
Different rules apply if you are an existing Office365 subscriber on the 1Tb plan, and those are available on that same page.