The best Million Dollar Dip takes just 5 minutes to make with mayonnaise, sharp cheddar cheese, cooked bacon, green onions, and slivered almonds. Stir the five ingredients together, serve it right away, or refrigerate the covered dip for 30 minutes to 1 hour so the flavors blend beautifully.
This easy bacon-cheddar dip is creamy, savory, crunchy, and rich without requiring any cooking. Also known as Neiman Marcus dip, it makes about 2 1/2 to 3 cups, enough for 8–10 appetizer servings at a party, game-day gathering, holiday buffet, or casual snack table.
Jump to RecipeWhy You’ll Love This Recipe

Million Dollar Dip earns its name from the luxurious combination of creamy mayonnaise, sharp cheese, smoky bacon, fresh green onions, and crisp almonds. Every scoop gives you a mix of smooth, salty, tangy, savory, and crunchy textures.
The recipe is especially useful when you need an appetizer in a hurry. There is no oven time and no complicated preparation, so you can mix it while guests arrive or assemble it shortly before heading to a gathering.
It is also easy to serve in several ways. Put out a bowl with crackers for classic dipping, or create a colorful platter with vegetables, tortilla chips, and sliced baguette for a more generous snack spread.
For another comforting dish to serve at a family gathering, you can also try this easy turkey casserole alongside a fresh appetizer course.
Ingredients You’ll Need

The basic formula uses five ingredients, and each one has an important job. Mayonnaise creates the creamy base, while sharp cheddar supplies a bold, salty cheese flavor that stands up to the other ingredients.
- Mayonnaise: Use a good-quality mayonnaise with a balanced flavor. It binds the ingredients together and gives the dip its rich, spoonable texture.
- Sharp cheddar cheese: Finely shred 1 cup from a block when possible. Freshly shredded cheese mixes more smoothly and usually tastes better than pre-shredded cheese.
- Cooked bacon: Use 1/2 cup of crumbled or chopped bacon. Freshly cooked bacon adds the best smoky flavor, but packaged real bacon bits can be used for convenience.
- Green onions: Slice 1/2 cup thinly for a mild onion flavor and a bright, fresh contrast to the creamy base.
- Slivered almonds: Add 1/2 cup for a delicate crunch. Briefly toasting them in a dry skillet makes their roasted flavor more noticeable.
Allow the bacon and almonds to cool before mixing. Warm ingredients can soften the cheese and slightly change the texture of the finished dip.
How to Make It Step-by-Step

Step 1: Prepare the bacon if it is not already cooked. Cook it until crisp, then crumble or chop enough to measure 1/2 cup and let it cool. If you are using prepared bacon bits, simply measure them and set them aside.
Step 2: Prepare the almonds for the best possible flavor. Place the slivered almonds in a dry skillet over moderate heat and stir or toss them briefly until lightly golden and fragrant, then transfer them to a plate to cool completely.
Step 3: Add 1 cup of mayonnaise and 1 cup of finely shredded sharp cheddar to a medium mixing bowl. Stir them together lightly so the cheese is coated and the base begins to look creamy.
Step 4: Add the cooled 1/2 cup of bacon, 1/2 cup of sliced green onions, and 1/2 cup of slivered almonds. Distribute the ingredients across the bowl rather than dropping them in one dense pile, which makes the final stirring easier.
Step 5: Stir the mixture until everything is evenly combined. Scrape around the sides and bottom of the bowl so every bite contains cheese, bacon, onion, and almonds.
Step 6: Taste and decide whether to serve the dip immediately or chill it first. It is ready after the five-minute preparation, but covering and refrigerating it for 30 minutes to 1 hour gives the flavors more time to mingle.
Step 7: Spoon the dip into a serving bowl and place it beside crackers, tortilla chips, celery, carrots, or sliced baguette. If it has been chilled, give it a gentle stir before serving and keep leftovers refrigerated.
Pro Tips for the Best Dip

Block cheddar is the first upgrade worth making. Pre-shredded cheese often contains a coating that can keep the shreds from blending as smoothly, while freshly grated sharp cheddar gives the dip a more cohesive texture and fuller flavor.
Do not mix hot bacon into the bowl. Cool bacon keeps the mayonnaise thick and helps the cheese maintain its pleasant bite.
Toasting the almonds is optional, but it adds a warm roasted note that makes the dip taste more carefully prepared. Watch them closely because slivered almonds can turn from golden to too dark quickly.
Slice the green onions thinly so their flavor is spread throughout the mixture instead of appearing in large, sharp pieces. Include both the white and green portions for a balanced onion taste and attractive color.
This recipe does not require extra seasoning. Garlic powder, cayenne, or black pepper can be added in other versions, but the classic five-ingredient mixture already has plenty of flavor from the bacon, cheddar, and green onions.
If you are building a breakfast or brunch buffet, pair this appetizer with a cheesy tater tot casserole for a hearty menu with plenty of crowd appeal.
What to Serve with Million Dollar Dip
The classic pairing is a sturdy cracker that can hold a generous scoop without breaking. Buttery crackers, wheat crackers, multigrain crisps, and simple table crackers all work well.
For freshness and color, arrange celery sticks and carrot slices around the bowl. Cucumber rounds, bell pepper strips, and snap peas are also good choices when you want a lighter crunchy option.
Tortilla chips bring a salty, crisp contrast and make the dip feel right at home on a game-day table. Sliced baguette is ideal for guests who prefer a bread-based bite with a little more substance.
Because the dip is rich, balance the rest of the spread with fruit, vegetables, or a bright salad. A dessert tray can follow with these classic rolled sugar cookies for a simple sweet finish.
Make-Ahead, Storage, and Serving Advice

Million Dollar Dip can be mixed right before serving, but a 30-minute to 1-hour chill is recommended for the best flavor. Cover the bowl tightly and refrigerate it during this resting time so the mayonnaise base stays cool.
If preparing it for a party, make the dip earlier in the day and keep it refrigerated until guests are ready to eat. Set out only the amount you expect to serve, then replenish the serving bowl from the chilled container as needed.
Keep the dip refrigerated whenever it is not being served. Since it contains mayonnaise, cheese, and bacon, do not leave it sitting at room temperature for an extended period, especially in a warm room.
For the best texture, stir refrigerated leftovers before serving. The cheese and toppings may settle slightly, but a quick stir brings the creamy mixture back together.
There is no reheating step for this appetizer. Serve it cold or cool, and avoid heating it because the mayonnaise-based texture can become oily and lose its fresh, creamy consistency.
For a full comfort-food menu, serve a warm entrée such as this chicken Parmesan recipe after the appetizer, or offer a cozy tomato soup with baguette for a relaxed lunch spread.
Easy Variations to Try
The classic five-ingredient recipe is delicious as written, but small changes can make it fit different occasions. Keep the core quantities the same so the creamy texture and balance remain intact.
- Extra crunch: Toast the almonds a little longer until lightly golden, allowing them to cool before adding them.
- More bacon flavor: Use freshly cooked, crisp bacon rather than packaged bits when you have a few extra minutes.
- Milder flavor: Choose a milder cheddar if you prefer a softer cheese taste, while keeping the amount at 1 cup.
- Fresh presentation: Reserve a small amount of sliced green onion and chopped bacon to sprinkle over the top just before serving.
- Party platter: Place the bowl in the center of a large tray and arrange crackers, vegetables, tortilla chips, and baguette in separate sections.
Optional garlic powder, cayenne, or black pepper can be offered at the table for guests who want additional seasoning. These additions are not necessary for the basic recipe, so taste before adding anything.

The Best Million Dollar Dip
Ingredients
Method
- If needed, cook the bacon until crisp, crumble or chop it, and let it cool completely. For extra flavor, briefly toast the slivered almonds in a dry skillet, then cool them as well.
- Add the mayonnaise, shredded sharp cheddar, cooled bacon, sliced green onions, and slivered almonds to a mixing bowl.
- Stir until the ingredients are evenly distributed and the mixture is creamy throughout.
- Serve immediately with crackers, tortilla chips, celery, carrots, or sliced baguette, or cover and refrigerate for 30 minutes to 1 hour before serving.
0 mins
5 mins
8-10 servings
Not calculated