Due to the development of advanced packaging technology such as Package on Package (POP), traditional Sn-Ag-Cu (SAC) solder can no longer meet the demand. Utilizing the differences in temperature and performance of various solder materials to create composite structures for soldering is an effective method to achieve PoP interconnection. In this research, the microstructure of the interface between SAC305 and liquid in the incomplete dissolved solider ball was observed, and the grain orientation after solidification was analyzed. In addition, the effect of SnBi ratios on the microstructure and mechanical properties of SAC305-SnBi composite solder balls, and the fracture mechanism was analyzed according to the fracture morphology. The results show that according to Electron Backscatter Diffraction (EBSD) analysis, the grain size of Sn-Ag-Cu-Bi is small, and the orientation tends to be the same. With the rise in SnBi content, the eutectic structure in the solder ball exhibited a progressive increase and the IMC at the interface gradually changed from uneven rod-like structure to more uniform scallop-like structure. When the weight fraction of SnBi is 66.7%, the shear strength researches a maximum value of 62.2 MPa. As the SnBi content increases, there is an observable shift in the fracture location from the IMC to the solder.