The traditional cyclical spectrum density(CSD) method is widely used to analyze the fault signals of rolling bearing. All modulation frequencies are demodulated in the cyclic frequency spectrum. Consequently, recognizing bearing fault type is difficult. Therefore, a new CSD method based on kurtosis(CSDK) is proposed. The kurtosis value of each cyclic frequency is used to measure the modulation capability of cyclic frequency. When the kurtosis value is large, the modulation capability is strong. Thus, the kurtosis value is regarded as the weight coefficient to accumulate all cyclic frequencies to extract fault features. Compared with the traditional method, CSDK can reduce the interference of harmonic frequency in fault frequency, which makes fault characteristics distinct from background noise. To validate the effectiveness of the method,experiments are performed on the simulation signal, the fault signal of the bearing outer race in the test bed, and the signal gathered from the bearing of the blast face belt cylinder. Experimental results show that the CSDK is better than the resonance demodulation method and the CSD in extracting fault features and recognizing degradation trends. The proposed method provides a new solution to fault diagnosis in bearings.