To evaluate the effects of thermal degradation, the performance of a commercial NSR catalyst was characterized before and after several high-temperature treatments. The characterization included “standard” storage and reduction cycling experiments conducted between 200 and 500°C, evaluating H2 versus CO as the reductant source, oxygen storage capacity measurements and water-gas-shift and NO oxidation abilities. For the fresh catalyst sample, the performance improved as the amount of reductant was increased from 0% to 3%, while no significant change was observed with higher amounts used. H2 proved a better reductant at low test temperatures. Standard cycling conversion data indicate that the performance of this catalyst decreased after heating, but, the performance and reactivity trends of the burned catalyst are analogous to the trends observed with the fresh catalyst.