Use this card in a "Vylon" or "Gem-Knight" Deck since most of their monsters in the Main Deck are Level 4 monsters, but if it isn't a Monster Card, you might as well get a free draw.
This card is useful if you're aiming to Xyz Summon a Rank 5 Xyz Monster. Some level 5 monsters can easily be summoned with their own effects (such as "Cyber Dragon" and "Oracle of the Sun") but getting a second monster often requires the use of cards like "Instant Fusion".
"Thunder Dragon's" effect can both send a monster in your Graveyard to banish with this effect and a monster in your hand with the same Level.
Use this card in a Bujin deck to banish your "Bujingi Crane's" or "Bujin Yamato's" so that you they don't go to waste in the graveyard.
This card works very well in a deck of monster with same level, like the "Tellarknight", "Lswarm", "Hazy Flame" and the "Monarch (archetype)" (Although, they won't be Tribute Summoned, teherefore, their effect won't activate, but can be good tribute foder for other Monarchs)