The present invention discloses method and terminal for feeding back channel state information. The method comprises: UE determining channel state information comprising first-type PMI and/or second-type PMI according to indication information, wherein first-type PMI is used for indicating index of one first precoding matrix in first precoding codebook, each first precoding matrix is used for mapping channel information of one wideband and/or long-term channel; second-type PMI is used for indicating index of one second precoding matrix in second precoding codebook, each second precoding matrix is used for mapping channel information of one subband and/or short-term channel; UE feeding back first-type PMI in PUCCH periodically and feeding back second-type PMI in PUSCH periodically or non-periodically, or, feeding back first-type PMI and second-type PMI in PUCCH. Through the present invention, precision of feeding back channel state information by UE is increased, and base station can dynamically select SU-MIMO or MU-MIMO transmission.