Polymer composites with high dielectric constant are promising materials for energy-storage application. However, their development has generally been hindered due to the challenge to balance dielectric constant and loss tangent. In this work, a novel thermoplastic polyurethane (TPU)-based composite with high dielectric constant and low loss tangent was prepared by inducing polyamide-1(PA1). The optimal content of PA1 in TPU matrix was 1.0 wt %. Importantly, the dielectric constant of TPU exhibited great stability at the frequency range of 10 3 -10 6 Hz and increased sharply with the addition of PA1. In specific, the dielectric constant of TPU increased from 8 to 41 with the incorporation of 1.0 wt % PA1, which was five times higher than that of pure TPU. Meanwhile, the loss tangent still kept at a low level of less than 0.02. This work may provide a new direction for preparation of dielectric polymer composites with excellent comprehensive performance.