This easy Million Dollar Dip is a classic cold party appetizer made with cream cheese, cheddar cheese, bacon, toasted slivered almonds, and green onions. Also known as Neiman Marcus Dip, it's perfect for potlucks, game day, holiday gatherings, and parties.
Toast the slivered almonds in a dry skillet over medium-low heat for 3–5 minutes, stirring frequently, until lightly golden and fragrant. Remove from the skillet and let cool completely.
In a large mixing bowl, beat the softened cream cheese and mayonnaise until smooth and creamy.
Add the cheddar cheese, bacon crumbles, toasted almonds, green onions, garlic powder, onion powder, and cayenne, if using. Stir until well combined.
Cover and refrigerate for at least 2 hours or overnight.
Before serving, stir if needed and garnish with additional bacon and green onions. Serve chilled with crackers, Pretzel Crisps, or fresh vegetables.
Notes
Toasting the almonds only takes a few minutes but adds extra flavor and crunch.
Freshly shredded cheddar gives the creamiest texture, but pre-shredded cheese works if you're short on time.
Packaged real bacon crumbles are a great shortcut, while freshly cooked bacon makes a beautiful garnish.
This dip can be made up to 24 hours ahead.
Store leftovers in an airtight container in the refrigerator for up to 4 days. Freezing isn't recommended.