Dielectric materials with high breakdown strength and low loss are of crucial importance in capacitive energy storage electronics. Herein, a kind of polymer blend composed of poly(vinylidene fluoride‐trifluoroethylene‐chlorofluoroethylene) ferroelectric terpolymer and linear dielectric poly(methyl methacrylate) (PMMA) is presented. The polymer blend shows a breakdown strength of 733 MV/m and a charge‐discharge efficiency over 90% at 200 MV/m with optimized PMMA content, which are 101% and 28% higher than that of neat terpolymer. Moreover, microsecond discharge time of 2.26 μs, along with a power density that is 3.6 times that of the current commercially available biaxially oriented polypropylene, as well as great cyclic performance, has been achieved under an electric field of 200 MV/m. The findings of this research demonstrate that the incorporation of linear dielectric PMMA into poly(vinylidene fluoride)‐based ferroelectric polymer provides a new strategy in designing high breakdown strength low loss dielectric materials for reliable compact flexible film capacitors.