Plasmonic Au-Ag/TiO2 bimetallic nanocatalyst is regarded as a promising visible-light (VL) photocatalyst due to its wide light absorption and potentially enhanced activity. For its preparation, Au precursors usually contain Cl and co-impregnation/co-deposition suffers from AgCl precipitation, and consequently Au and Ag have to be sequentially supported. However, Au and Ag species of the sequential preparation are individually isolated and difficult to be homogeneously mixed. Here we report an Au-Ag plasmonic nanocatalyst achieved by plasma restructuring and activation from the sequential preparation. The isolated cationic Au and Ag species on the sequentially-prepared Au-Ag/TiO2 sample are restructured to be homogeneously mixed and highly activated by O2 plasma, which can be partially auto-reduced to Au-Ag bimetallic nanoparticles within the induction period of a few minutes in VL photocatalytic oxidation of CO. The Au-Ag plasmonic nanocatalyst exhibits a strongly enhanced activity in the VL photocatalytic reaction. The contribution of O2 plasma treatment and the enhancement mechanism for the Au-Ag plasmonic nanocatalyst are disclosed.