The effect of the different pre-deformation on superelasticity and microstructure of TiNiCr shape memory alloy was studied by means of tensile test and optical microscope. The results show that the effect of the pre-deformation on superelasticity is obvious. The superelasticity becomes better with the growing pre-deformation. When the deformation reaches 51.4%, the growing rate of superelasticity gets slow. The pre-deformation cannot make TiNiCr obtain complete non-linear superelasticity, but make a kind of fine and highly deformed martensite in TiNiCr. When the deformation reaches 48.6%, the martensite grows with the growing deformation, which increases the intensity of generatrix and the superelasticity of TiNiCr shape memory alloy.