An organic light emitting diode circuit of an organic light emitting display with voltage compensation technique includes a first capacitor, a first TFT, a second TFT, a third TFT, a reset circuit and an OLED. The first TFT has a first terminal for receiving a first voltage, and a second terminal coupled to its gate and a first end of the first capacitor. The second TFT has a first terminal for receiving a second reference voltage and a gate coupled to the gate of the first TFT. The third TFT is coupled to the first capacitor and receives a pixel voltage and scan signal. The reset circuit sets the first end of the first capacitor to have a first voltage level. The OLED has an anode coupled to a second terminal of the second TFT and a cathode for receiving a third reference voltage. The first voltage level is smaller than a voltage level of the first reference voltage.