Minor and random slip between rolling elements and races in rolling element bearings makes vibration signals have periodically time-varying ensemble statistics, which is known as cyclostationarity. Two second-order cyclostationary methods, the spectral correlation density (SCD) and the degree of cyclostationarity (DCS), are talked about in this paper based on a statistical model of rolling element bearings. The SCD provides redundant information in bi-frequency plane and cyclic frequency domain embodies the majority of it, which is a series of non-zero discrete cyclic frequencies completely reflecting the fault characters of rolling element bearings. The DCS has virtues of less computation and clearer representation, at the same time keeps the same characters with SCD in cyclic frequency domain. And the DCS is also proved to be resistant to the additive and multiplicative stationary noise. Simulation and experiential results from three rolling element bearing faults: outer race defect, inner race defect and rolling element defect, indicate practicability of the DCS analysis in rolling element bearing condition monitoring and fault diagnosis.