Redeem in multi-brand vouchers and close it. Still it is not worth IMO. Same for SuperElite, I don't know why you applied but not useful w.r.t rewards.
Privilege benefits:
- Helps you unlock multi-brand vouchers where 1 Edge Reward Point = 0.40p
- This Benefit is applicable upon achieving spends milestone of Rs. 2.5 Lakh.
- Otherwise 1 Edge reward point = 0.20p
- Helps if you have other Edge Reward Cards like Select, Magnus where it provide much higher reward rate.
Other than these, this is just 1% card.
My suggestion: Close it, if you have more than 1% cards else keep it. Its up-to you