The invention provides an ultraviolet (UV)-curing plasma display circuit protective agent with silver ion migration resistance and a preparation method thereof. The protective agent comprises the following components by mass percent: 20-80wt% of modified (methyl) acrylic prepolymer, 10-60wt% of photoreactive monomer, 0.1-5wt% of processing aid and 0.05-1wt% of silver ion absorbent. In the preparation method, the components are fully dispersed and filtered to obtain the UV-curing plasma display circuit protective agent. The UV-curing plasma display circuit protective agent has the advantages of double synergistic effect of physical coating and silver ion chemical absorption, silver ion migration resistance, normal-temperature curing capability, high production efficiency, energy conservation, good adhesive force, good insulating property, good durability and the like, and is environment-friendly; and the protective agent can be applied to protection and insulation of a plasma display circuit as well as a thick film hybrid integrated circuit, a low noise circuit, a high-stability passive network, a high-frequency linear circuit, a high-precision linear circuit, a microwave circuit, a high-voltage circuit and the like which need to prevent silver ion migration.