The single-stage dual active bridge (DAB) AC-DC converter has the advantages of high power density, low cost, and simple control; it has a broad potential for application in the field of onboard chargers (OBC). However, the lack of fast and accurate quantitative parameter optimization design methods in single-stage DAB AC-DC converters limits the overall efficiency of the converter. Based on the above problem, in order to improve the overall operating efficiency of the converter by optimizing the parameter transformer ratio and power inductance, this paper proposes a parameter design method considering a multi-timescale strategy by combining the steady-state analysis model of the converter in the line cycle and switching cycle and step-by-step reducing its design space through the constraints on the parameters. The first step is to obtain a safe design space for the parameters under the converter’s transmitted power and current stress constraints. The second step obtains the optimization design space of the parameters under the optimization of conduction loss and switching loss of the converter. Finally, the optimal parameters are determined by the loss analysis model. The proposed parameter optimization method entirely takes into account the steady-state characteristics of the DAB AC-DC converter during the line cycle, and the step-by-step constraints greatly accelerate the parameter design process. In addition, the proposed parameter optimization design method applies to all types of single-stage DAB AC-DC converters, which can be well applied to engineering practice.