Aluminum metal is a high‐energy‐density carrier with low cost, and thus endows rechargeable aluminum batteries (RABs) with the potential to act as an inexpensive and efficient electrochemical device, so as to supplement the increasing demand for energy storage and conversion. Despite the enticing aspects regarding cost and energy density, the poor reversibility of electrodes has limited the pursuit of RABs for a long time. Fortunately, ionic‐liquid electrolytes enable reversible aluminum plating/stripping at room temperature, and they lay the very foundation of RABs. In order to integrate with the aluminum‐metal anode, the selection of the cathode is pivotal, but is limited at present. The scant option of a reliable cathode can be accounted for by the intrinsic high charge density of Al3+ ions, which results in sluggish diffusion. Hence, reliable cathode materials are a key challenge of burgeoning RABs. Herein, the main focus is on the insertion cathodes for RABs also termed aluminum‐ion batteries, and the recent progress and optimization methods are summarized. Finally, an outlook is presented to navigate the possible future work.