This thread at FW tipped off the news that Blue Cash no longer caps your rewards after $50,000 in spending. It’s now reflected on Amex’s website as well. The new redemption table looks like this:

This is great news for big spenders. With the impending doom of the Citi Dividend card, this card is a very viable alternative. You are sacrificing some return on the first $6,500 versus a flat 1.5% card like the Fidelity Investments Rewards card, but afterwards, you’re getting top dollar. If you’re a big spender looking for the simplicity of carrying a single card and charging everything on it, then these changes make Blue Cash very attractive.

Details on the Blue Cash rebate can be found here.