An inexpensive, simple, and high-activity catalyst preparation method has been introduced in this work. Pt and RuO x catalysts were fabricated by soaking inexpensive graphite electrodes (pencil-lead graphite rod: PGR) in catalyst precursor solutions and using a simple flame-annealing method, which results in lower amount of Pt and RuO x catalyst layers. From X-ray photoelectron spectroscopy and near-edge X-ray absorption fine structure analysis, it has been found that platinum and ruthenium were deposited as zero-valence metal (Pt) and oxide (RuO x ), respectively. Catalytic activities of Pt/PGR and RuO x /PGR for hydrogen evolution reaction (HER) and oxygen evolution reaction (OER) were evaluated using neutral 1 M Na 2 SO 4 aqueous electrolyte, respectively. Although HER and OER currents using PGR without catalysts were −16 mA cm −2 (at −1.5 V vs Ag/AgCl) and +20 mA cm −2 (at +2.0 V vs Ag/AgCl), they were improved to −110 and +80 mA cm −2 with catalysts (Pt and RuO x ), respectively. Such an inexpensive and rapid catalyst electrode preparation method on PGR using flame-annealing is a very significant method in the initial catalyst activity evaluation requiring a large amount of trial and error.