Bismuth shows outstanding optical properties, including a metal-like response in the ultraviolet-visible range and a dielectric character with a giant refractive index in the infrared range. In recent years, such unique properties have been employed to construct bismuth-based metamaterials with remarkable optical responses in these spectral regions, especially with cost-effective lithography-free methods. Such responses can be manipulated, both in an astatic way by suitable metamaterial design and in a dynamic way by harnessing the solid–liquid transition of bismuth. In this paper, we review the advances in this field and highlight the applications of such metamaterials to information technology production, energy harvesting and sensing.