Rapidly solidified Al–8.5Si–25Cu– xY (wt-%, x = 0, 0.05, 0.1, 0.2, 0.3, 0.4, and 0.5) foils were used as filler metal to braze Al matrix composites with high SiC particle content (SiCp/Al-MMCs), and the filler presented fine microstructure and good wettability on the composites. The joint shear strength first increased, then decreased and a sound joint with a maximum shear strength of 135.32 MPa was achieved using Al–8.5Si–25Cu–0.3Y as the filler metal. After Y exceeded 0.3%, a needle-like intermetallic compound, Al3Y, was found in the brazing seam, resulting in a dramatic decline in the shear strength of the brazed joints. In this research, the Al–8.5Si–25Cu–0.3Y filler metal foil was found to be suitable for the brazing of SiCp/Al-MMCs with high SiC particle content.