In one embodiment, an output overvoltage protection method for a switching power supply, can include: (i) charging a first capacitor by a first current during a first time interval of a switching period of the switching power supply; (ii) charging a second capacitor by a second current during a second time interval of the switching period of the switching power supply; and (iii) generating an overvoltage protection signal by comparing a first voltage across the first capacitor against a second voltage across the second capacitor at the end of the second time interval, where the overvoltage protection signal is active when the first voltage is at least as high as the second voltage.