The invention claims a sliver-based bimetallic catalyst, a preparation method and application thereof, wherein the catalyst takes mesoporous molecular sieves such as SBA-15, MCM-41 or MCM-48 and etc. and oxides such as aluminium oxide, silicon oxide and cerium oxide and the like as carriers; the active ingredient of the catalyst is sliver, the second ingredient is M which is any one of transition metal selected from the group consisting of Cu, Co, Ce and Mn and etc. The synthetic method of the catalyst is characterized in that the operation is simple and easy, the synergistic effects of selected different transition metals selected to the sliver type are different, taking copper as an example, when Ag: Cu is more than 1: 2 but not more than 2: 1, the catalyst presents an obvious synergistic effect between metals, and the catalytic oxidation reactivity of volatile organic contaminant (VOC) is obviously improved. Simultaneously, the sliver-based bimetallic catalyst provided by the invention has the advantages that the price of transition metal which is used is low by comparing with platinum, palladium and gold and etc., the resource of the transition metal is rich, the catalyst is suitable for mass production and industrial application and the application value and the application prospect are good.