The bend resistance of coated reinforcing bar is greatly influenced by both the adhesion strength between bar and coating materials, and the followed transformation of coating material as bars bend. Especially, tearing state or partial microscopic cracks are predicted on the inside and outside of bending angle, because tensile strength and elongation of polymer film are very different according to types of polymer dispersions in bar coating, and these damaged parts are rapidly corroded by penetration of corrosive factors. In this study, polymer cement slurry coated reinforcing bars with various polymer dispersions are prepared by following combined conditions, polymer-cement ratio of 50% and 100%, coating thickness of 250$mu$m and 450$mu$m, coating number, curing age of 3, 7, 14 and 28days. Then the specimens are tested for working life and bend resistance at bending angles $90^{circ}$, $135^{circ}$and $180^{circ}$ to observe the microscopic damage effect as the bars bend. Also, epoxy-coated reinforcing bars for control experiment were used with 250$mu$m of coating thickness. The tensile strength for polymer films is performed. From the test results, the working life of the polymer cement slurry is within 90 seconds. Among four types of polymer dispersion, polymer cement slurry coated reinforcing bar using St/BA-1 emulsion has the excellent bend resistance, which is remarkably improved than that of epoxy-coated reinforcing bar. And the bend resistance is more related to elongation than tensile strength of polymer film. Polymer cement slurry with a polymer-cement ratio of 100%, a coating thickness of $450mu$m and one coating using St/BA emulsion is selected as a most suitable coating material for coated reinforcing bar.