A method for preparing a metal composite plate by rolling includes the following steps: 1) rolling composite surfaces of a base plate and a cladding plate, respectively, to obtain the base plate corrugation and the cladding plate corrugation for mating with each other; 2) cleaning the composite surfaces of the base plate and the cladding plate to expose the metal matrixes of the base plate and the cladding plate; 3) laminating the base plate and the cladding plate sequentially so that the base plate corrugation on the base plate and cladding plate corrugation on the cladding plate mate with each other, compacting, and performing welding sealing treatment to the base plate and the cladding plate to obtain a composite plate slab; and 4) rolling the composite plate slab after inspection by using a compositing machine to a desirable thickness, to obtain a metal composite plate.