Metal halide perovskite‐based solar cells have achieved rapidly increasing efficiencies of up to 23.7%. However, it is still far away from the Shockley–Quiesser limit of 33.16%. Tandem solar cells, consisting of two subcells with complementary absorption, are suggested as an alternative to beat this limit due to the fact that a maximum efficiency of 42% can be reached using two subcells with bandgaps of 1.9 eV/1.0 eV, opening up a great potential to develop perovskite‐based tandem solar cells. In this review, the current status of and recent advances in perovskite‐based tandem solar cells are highlighted, including perovskite–silicon, perovskite–perovskite, and perovskite–copper indium gallium selenide (CIGS) integrations. Different configurations, key issues regarding the photoelectric properties, present efficiency limitations, and material design are discussed. The critical role of perovskite bandgap optimization, interface engineering, and recombination layers are also analyzed to outline the roadmaps for future investigation. The current challenging issues and future perspectives are also provided. It is hoped that the findings will provide new perspectives for perovskite‐based tandem solar cells with an unprecedented performance and the opportunity for commercialization.