Cash floor: 1.0¢ — Pay with Miles against a Delta fare
Issuer travel portal: — · Transfer target: 1.2¢ · Peak: 2.0¢
Delta prices awards off cash fares, which keeps the value flat and predictable. There is no award chart to beat.
Revenue-based pricing means a mile is worth what Delta says it is that day. These are the least flexible points in the list.