In this work, a novel Co/Sm-doped CeO (SDC)/Co trilayer of ∼6 μm is deposited by alternating electrodeposition and electrophoresis and oxidized to a CoO/SDC/CoO trilayer structure. This coating is unique and effective in the following aspects: (1) The area specific resistance of the coated interconnect is more stable and lower than that of the uncoated interconnect after thermal treatment at 800 °C for 400 h. (2) The CoO/SDC/CoO coating layer can effectively inhibit Cr diffusion and evaporation and significantly slow the oxidation rate of the interconnect. (3) The SmSrCoFeO cathode in the electrolyte/cathode/interconnect half-cell retains its initial stoichiometry after 100 h of the thermal treatment. Subsequently, the ohmic resistance R, high frequency polarization resistance R, and low frequency polarization resistance R of the half-cell with the CoO/SDC/CoO coated interconnect are all smaller than those of the half-cell with the bare interconnect. The CoO/SDC/CoO coating layer has great advantages to be used as a protective layer for the metallic interconnect in solid oxide fuel cells to improve cell performance, stability, and durability.