This minireview focuses on the recent advances in the synthetic application of amino acid‐derived bifunctional phosphine catalysts bearing a hydrogen‐bond donor. In the examples illustrated, the amino acid‐based phosphines have already been proven to be versatile, catalyzing a wide range of asymmetric reactions, including (aza)‐MBH reactions, [3+2] cyclizations, [4+2] cycloadditions, allylic alkylation, and Michael addition.