I too hold this card. I kept it to give my family experience to biz class and it was worthy. I got 3 biz class tickets last year and from that 1 is still remaining to be redeemed. I was planning to renew it for 1 more biz class ticket and gold membership. Gold membership helped my family last year for excess baggage, biz class counter check in, early boarding and class upgrade vouchers. Since I dont met conditions to continue gold membership, I have 2 options now:
1. Continue with same card and downgrade to silver tier which has some lesser benefits which is still ok but I will get 1 biz ticket.
2. Close this one and apply 1 for family member, so that I still get biz ticket and gold membership + 10k cv points (1 lac spend milestone).