Million Dollar Dip

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Rich, creamy, cheesy, and loaded with bacon, this Million Dollar Dip tastes every bit as indulgent as its name suggests! This easy cold dip combines a creamy base with sharp cheddar cheese, crispy bacon, crunchy almonds, and fresh green onions for an irresistible combination of flavors and textures.

If you love a quick and easy dip then try our popular Mexicali Dip or delicious French Onion Dip.

What Is Million Dollar Dip?

Million Dollar Dip is a rich, savory cheese dip traditionally made with mayonnaise, cheddar cheese, bacon, green onions, and slivered almonds. It’s sometimes called Neiman Marcus Dip because the recipe is associated with the department store’s food offerings. It’s served cold, making it especially convenient for parties and make-ahead entertaining.

Why I Love This Recipe

Quick and easy to prepare
No cooking or baking required
Made with simple ingredients
Creamy, cheesy, smoky, and crunchy
Great for holidays and game day

Helpful Items For This Recipe

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Hamilton Beach 6-Speed Electric Hand Mixer With Quick Burst and Bowl Rest

Ceramic Chips and Dip Serving Tray: Large Divided Party Bowl Set

5 Pieces Silicone Spatulas Set, Heat Resistant Rubber Spatula

Overhead dip in a bowl with crackers and veg.

Million Dollar Dip Ingredients

Simple ingredients go into this recipe.

Cream cheese – Use softened cream cheese so it blends smoothly.
Sour cream and Mayonnaise – Use full-fat sour cream and mayo for the creamiest texture.
Sharp cheddar cheese – Shred cheese fresh for the best flavor and texture.
Sliced almonds – Toast the almonds for deeper flavor and crunch.
Bacon – Cook the bacon until crispy so it holds texture in the dip.
Green onions – Slice green onions thinly for balanced bites.
Garlic powder – This adds a bit more flavor to the dip.
Black pepper – I only use black pepper as the ingredients in this dip are salty already. You can also use lemon pepper in the dip for some added flavor also.

How to Make Million Dollar Dip

In a mixing bowl, beat the softened cream cheese until smooth and creamy. You can do this by hand or use a hand mixer.

Add the sour cream and mayonnaise and mix until fully combined and smooth.

Reserve a little cheese, almonds, bacon and green onions for the top. Stir in the remaining shredded cheddar cheese, toasted almonds, crumbled bacon, sliced green onions, garlic powder, and black pepper. Mix until evenly combined.

Transfer the dip to a serving bowl and sprinkle with remaining toppings, then cover with plastic wrap.

Refrigerate for at least 2 hours so the flavors can blend and the dip firms up slightly.

Serve

Serve chilled with crackers, tortilla chips, crostini, pretzels, or fresh vegetables.

Storage

Store covered in the refrigerator for up to 4 days. Stir before serving if needed. This dip is not recommended for freezing because the texture may change.

Recipe Pro Tips

Important Tips

Chill the dip before serving so the flavors fully develop.
Add a pinch of cayenne if you like a little heat.
You can add a few splashes of Worcestershire sauce for more flavor too.
Cook the bacon until crisp. Crunchy bacon adds great texture.
Drain the bacon well. Excess grease can make the finished dip oily.
Chop the ingredients finely. Smaller pieces make the dip easier to scoop onto crackers.
Let the dip sit at room temperature for about 10 minutes before serving for the best texture.
Making the dip a few hours ahead improves the flavor and is perfect to pull out when company arrives.
Save some toppings. Reserve a little bacon, cheese, green onion, and almonds to sprinkle over the top before serving.
Serve the dip with a spoons so more fragile dippers don’t break. Or people can spoon some onto a plate.

Important Questions and Answers

Can I make this dip ahead of time?

Yes, it can be made up to a day in advance and kept refrigerated.

Can I substitute pecans for almonds?

Yes, chopped pecans work very well in this recipe.

What can I serve with this dip?

Crackers, pita chips, pretzels, crostini, and fresh vegetables are great choices.

Can I use turkey bacon?

Yes, turkey bacon can be used if preferred.

Can I add more cheese?

Yes, extra cheddar or Monterey Jack can be added for a cheesier dip.

5 Million Dollar Dip

Over the years is also has been touted as a 5 Million Dollar Dip or 5 Minute Million Dollar Dip. Our dip version does take longer than five minutes though.

You are suppose to use bacon bits which of course you can but I like to make my own bacon bits from fresh bacon. Some of these overly processed products that were loved in the 1950’s are not as appealing to me now.

What to Serve With Million Dollar Dip

Serve this creamy dip with a variety of dippers, including:

Buttery crackers
Pretzel crisps
Tortilla chips
Pita chips
Crostini
Toasted baguette slices
Celery sticks
Carrot sticks
Bell pepper strips
Cucumber slices

For parties, surround the dip with several different crackers and fresh vegetables so guests can choose their favorites.

Close-up overhead of million dollar dip.

WANT MORE DELICIOUS DIPS?

We love to serve a dip at a party or with the family for games night, movie night or football season.

Pin it HERE!!

Pin it HERE!!

Million Dollar Dip Recipe

Tara Noland

One of the best things about this Million Dollar Dip there's no baking required. Mix everything together, chill, and serve with your favorite crackers. It's perfect for game day, holiday parties, potlucks, BBQs, or anytime you need a quick crowd-pleasing appetizer.

5 from 1 vote

Print Recipe Save Recipe Pin Recipe

Prep Time 25

chill time 2

Total Time 2 25

Course Appetizer

Cuisine American

Servings servings

Calories 354 kcal

Ingredients

8 ounces cream cheese softened
½ cup sour cream
⅓ cup mayonnaise
1 cup shredded sharp cheddar cheese
½ cup sliced almonds lightly toasted
6 slices bacon cooked and crumbled
4 green onions thinly sliced
½ teaspoon garlic powder
¼ teaspoon black pepper