This paper presents a new type of large-diameter multi-disc soil anchor and its cavity-forming tool. The large-diameter multi-disc soil anchor is obtained by adopting a toothed chain, centrifuging holes to form cavities, forming multiple cavities, placing a steel strand with centering support, injecting cement mortar, and curing. In order to study the uplift bearing characteristics and creep property of the large-diameter multi-plate soil anchor, the equal-diameter soil anchor was taken as the control group. The ultimate pull-out bearing capacity, vertical displacement, axial force, anchor plate bearing load, and side friction resistance were simulated and analyzed by FLAC3D 5.0 64-bit software, and the creep property test of the anchor bolt was carried out. The results show that under the same conditions, the ultimate pulling capacity of the large-diameter multi-disc soil anchor is 125% higher than that of the same-diameter soil anchor. The vertical displacement of the large-diameter multi-disc soil anchor decreases by 51.74% compared with that of the equal-diameter soil anchor when the ultimate uplift capacity is reached. The side friction resistance of the large-diameter multi-disc soil anchor is small and its growth rate is slow. When the ultimate pulling capacity is reached, the load sharing of the anchor disc accounts for 76.54% of the total load applied. The creep rate of the large-diameter multi-plate soil anchor bolt is 0.91 mm, and the creep rate of the equal-diameter soil anchor bolt is 1.69 mm. By fitting the data, it is found that the large-diameter multi-disc soil anchor provides a method to increase the anchorage force of the soil anchor, and the research on its bearing characteristics and creep property provides a theoretical basis for the application of the soil anchor.