The increasing anthropogenic carbon dioxide emissions (CO2) have a huge environmental impact, and CO2 emission reduction is already a common view in our society. Recently, selective hydrogenation of CO2 to methanol has attracted much attention because the process can effectively mitigate CO2 emissions and simultaneously produce high‐value‐added chemicals and fuels. The catalysts play a very important role in achieving high efficiency of CO2 to methanol. As one promising alternative, the alloy catalysts have demonstrated high performance in CO2 hydrogenation to methanol due to their unique geometry and electronic properties. Herein, we review the recent advances in alloy catalysts, including solid solution alloys and intermetallic compounds (mainly Cu‐based, In‐based, Ga‐based, and other alloy catalysts) for heterogeneous catalysis of CO2 hydrogenation to methanol. Moreover, the research ideas and development prospects of alloy catalysts for CO2 hydrogenation to methanol are overviewed to provide the ideas and references for the subsequent research on alloy catalysts for CO2 hydrogenation.