An embodiment of the present application provides a test method for tolerance against the hot carrier effect, applied to an I/O circuit of a memory, the I/O circuit having an output terminal, comprising: controlling the output terminal to alternately output a first level and a second level, the first level being higher than the second level; obtaining a degradation rate of an output performance parameter of the I/O circuit according to the first level and the second level; and obtaining tolerance of the I/O circuit against the hot carrier effect based on the degradation rate.