Carbazole derivatives are usually used as hole transport and host materials because of their good hole transport ability and high triplet energy. In this paper, a novel bicarbazole derivative, named BCzDCN, was designed and synthesized by incorporating electron-withdrawing cyano group into bicarbazole at 3,6 position. Its thermal, photophysical and electrochemical properties were systematically investigated. The triplet energy of BCzDCN is higher than that of the most popular blue phosphorescent material iridium(Ⅲ) bis[(4,6-difluorophenyl)pyridinato-N,C2']picolinate (FIrpic). Therefore BCzDCN could be used as host material for blue phosphorescent organic light-emitting diodes (PHOLEDs) and further for white PHOLEDs. Blue and White PHOLEDs using BCzDCN as host exhibited excellent performance with maximum current efficiencies of 34.6 cd/A and 59.0 cd/A, respectively. Meanwhile, both the blue and white PHOLEDs exhibited extraordinary low efficiency roll-offs, their efficiencies roll-offs were merely 4.1% and 5.1% at the brightness of 1000 cd/m2, respectively.