The invention discloses a preparation method of a microcapsule type moisturizing eye cream. The preparation method of the microcapsule type moisturizing eye cream comprises the following steps: taking potassium alginate, sodium hydroxyethyl cellulose, hyaluronic acid, marten oil, squalane, lecithin, jojoba wax, glycerol, batyl alcohol, serine, cassava porous starch, a bupleurumol extract, a coix seed alcohol extract, a radix paeoniae alba alcohol extract, a dendrobium stem alcohol extract, a coenzyme Q10 and Tween-60, firstly preparing a capsule wall solution A and a capsule core mixture B, mixing A with B, then stirring and dispersing, then homogenizing to obtain a homogenization solution C, dropwise adding the homogenization solution C into a calcium chloride solution, and filtering and washing to obtain the moisturizing eye cream. The microcapsule type moisturizing eye cream prepared by the method is capable of slowly and uniformly releasing active ingredients and grease adsorbed in the cassava porous starch during use, is incapable of releasing a large quantity of the active ingredients and the grease in a short time and causing excessive nutrition and grease content to the skin, thereby avoiding the generation of fat granules; the microcapsule type moisturizing eye cream also has the characteristic of excellent permeability.