I had turned targeted ads off, on Facebook and Instagram. I still got ads but they were not targeted based on my data. I could live with that
Today I got a popup requiring me to pick an option of either accepting targeted ads or pay the equivalent of €13/$14 for an addfree experience across all meta platforms.
The deletion isn't automatic/immediate if I recall correctly? If you accidentally log in within 30 days, they cancel deletion automatically.
As I understand it, even after that they keep your data, just you can't access it anymore.