Ionic liquids with stimuli‐responsive characteristics are an essential branch in the comprehensive ionic liquids' family, which can meet the controllable and reversible needs in practical applications with different stimulation means. In this review, we summarize the recent research progress of these stimuli‐responsive ionic liquids, mainly focusing on their chemical structures, properties, responsive mechanism, aggregation structures, and phase behaviors, which were driven by external stimuli, such as CO2, magnetism, light, temperature, redox, and pH. Then, the particular or potential applications of stimuli‐responsive ionic liquids are expounded in various fields of science, including catalytic reaction, extraction, separation, nanomaterial preparation, and gas absorption. In the end, the challenges and strategies of the subject are briefly presented. It is expected that this review will contribute to the rational design and applications of stimuli‐responsive ionic liquids in the future.