The polarization change invoked by bipolar pulse cycling stress (voltage cycling) was investigated in detail for a Pt/PZT/Pt ferroelectric capacitor. The remnant polarization increased after voltage cycling, then, it decreased during storage and approached to the initial value. The estimated activation energy of the decay of the gained-polarization during the storage was 0.52eV. This value suggests that the valence change between Ti3+ and Ti4+ is the key of this phenomenon. The model where Ti-related defects pin the polarization was introduced to explain the result. Based on the findings and the model, a combination of voltage cycling and storage is useful to characterize internal defects. We propose this characterization method, named voltage cycling method, as an effective way to analyze internal defects in a ferroelectric capacitor.