Poor Li plating reversibility and high thermal runaway risks are key challenges for fast charging lithium-ion batteries with graphite anodes. Herein, a dielectric and fire-resistant separator based on hybrid nanofibers of barium sulfate (BS) and bacterial cellulose (BC) is developed to synchronously enhance the battery’s fast charging and thermal-safety performances. The regulation mechanism of the dielectric BS/BC separator in enhancing the Li+ ion transport and Li plating reversibility is revealed. (1) The Max-Wagner polarization electric field of the dielectric BS/BC separator can accelerate the desolvation of solvated Li+ ions, enhancing their transport kinetics. (2) Moreover, due to the charge balancing effect, the dielectric BS/BC separator homogenizes the electric field/Li+ ion flux at the graphite anode-separator interface, facilitating uniform Li plating and suppressing Li dendrite growth. Consequently, the fast-charge graphite anode with the BS/BC separator shows higher Coulombic efficiency (99.0% vs. 96.9%) and longer cycling lifespan (100 cycles vs. 59 cycles) than that with the polypropylene (PP) separator in the constant-lithiation cycling test at 2 mA cm−2. The high-loading LiFePO4 (15.5 mg cm−2)//graphite (7.5 mg cm−2) full cell with the BS/BC separator exhibits excellent fast charging performance, retaining 70% of its capacity after 500 cycles at a high rate of 2 C, which is significantly better than that of the cell with the PP separator (retaining only 27% of its capacity after 500 cycles). More importantly, the thermally stable BS/BC separator effectively elevates the critical temperature and reduces the heat release rate during thermal runaway, thereby significantly enhancing the battery’s safety.