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This 5 Minute Million Dollar Dip is only 5 ingredients, and let me tell you, they don’t call it million dollar dip for nothing! It is so deliciously addicting and will be a huge hit wherever it goes!
If you love easy-to-make dip that can be ready in a hot minute without actually ever breaking a sweat, try Ranch, BLT, and Jalapeno Popper Dip.
A Reader’s Review
“Simple to make! Plus it was a huge hit! Canโt ask for anything more than that!” -BonBon
5 Minute Million Dollar Dip Recipe
I LOVE dip recipes, so when a reader sent me this recipe telling me that I have to try it, you bet that I did. With it being only 5 ingredients and taking 5 minutes to put together, I couldn’t wait to make it! And once I did, it did not disappoint.
This 5 minutes million dollar dip has mayonnaise, green onions, cheddar cheese, and bacon bits and slivers of almonds. I loved all of the ingredients in this dip, and the slivered almonds were my favorite part! They added the perfect crunch. It is a MUST make for your next watch party or gathering. Serve it with some crackers or even make it fancy with a crostini.
Ingredients for 5 Minute Million Dollar Dip
With just a few simple ingredients, you can create make a dip that you won’t be able resist. If you want to substitute the mayonnaise, you can use Greek yogurt or even sour cream, but the mayonnaise is a key ingredient in bringing this dip together. Check out the recipe card at the bottom of the post for exact measurements.
- Green Onions: Their mild taste and crunchy texture are perfect in this dip!
- Cheddar Cheese: For the best results, use freshly shredded cheese. Shredded cheese in a bag wonโt mix as well with this dip, and the flavor isnโt as bright.
- Mayonnaise: Use your favorite brand since this is the base of the entire dip.
- Real Bacon Bits: Pre-cooked bacon works great and adds to the ease of prep for this already easy dip.
- Slivered Almonds: These slivered almonds give the dip a nutty flavor without overwhelming each bite.
Let’s Make Some Easy Dip
This 5 minute million dollar dip honestly tastes so good. Your friends and family will think it took a lot more effort to put together. Little do they know it only takes 2 quick steps to create!
- Mix Together Ingredients: Add green onions, cheddar cheese, mayonnaise, bacon bits, and slivered almonds to a small bowl. Then mix until fully combined.
- Chill and Enjoy: Refrigerate for at least 2 hours. Serve this 5 minute million-dollar dip with your favorite crackers.
Quick Tips
Upgrade your 5-minute million-dollar dip with just a few quick and easy tips! There are ways to swap out ingredients or add additional ones to change this dip up every time you make it!
- Cheese: Freshly shredded cheddar works best in this recipe. Packaged cheese typically lacks the flavor and texture that fresh cheese has. You can substitute cheddar for aged Gouda or Gruyere.
- Mayonnaise: You can substitute mayo for sour cream or Greek yogurt, but I have found that mayonnaise works best to achieve a perfectly creamy texture.
- Almonds: You can chop your almonds into smaller pieces for bite-sized texture.
- Flavor Additions: Add garlic, homemade ranch, or Italian seasoning for an extra flavor in your dip!
What to Serve With 5 Minute Million Dollar Dip
I love using bigger crackers like Ritz for this dip, but it also tastes amazing with tortilla chips and pretzels. Kettle chips are also a great pairing with their thicker texture and bite. You can make some of my quick and easy air fryer potato chips for a snack match made in heaven!
Storing Million Dollar Dip
Storing dips is just as easy as making them. I love making dips ahead of time for parties or get-togethers and this one stores so well in the fridge. n fact, it might even taste better on day 2!
Make Ahead of Time: You can make this ahead of time and store it in your fridge in an airtight container for up to 4 days. Just give it a good stir and sprinkle it with some additional toppings to make it fresh.
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Equipment
- Utopia Kitchen Cooking Knives
- Fine dine Mixing Bowls
Ingredients
- 5 green onions, chopped
- 8 ounces cheddar cheese, shredded
- 1ยฝ cups mayonnaise
- 1/2 cup real bacon bits
- 1/2 cup slivered almonds
Instructions
- In a medium bowl, add the green onions, cheddar cheese, mayonnaise, bacon bits, and slivered almonds. Mix until combined.
- Cover and chill for at least 2 hours.
- Serve with your favorite crackers!
Video
Notes
Nutrition
Nutrition information is automatically calculated, so should only be used as an approximation.
Low fat recipes would be great!
Loved by all at football watch party. Strong flavor with extra sharp cheddar. I added sweet corn and cayenne to taste. Multiple requests for recipe. Never would have thought to add slivered almonds, but yes, a good add.
I would definitely make this again. It’s pretty tasty and easy to make. I did shred the block of cheese and cook up the bacon. It was good on wheat thins, but any cracker or even celery would work.
Worse recipe ever, glad I only had a small group of people over, yuck yuck yuck!
This is an old school recipe that is still popular today, I brought it to a potluck and the younger ppl loved it! Didnโt have to persuade us seniors, we have always loved it!
I grew up on this but in a different way: This is amazing spread on some lightly toasted bread and then tossed under the broiler until it just starts to brown.
That sounds delicious!
So good. Iโve made this for a games night weโre having tomorrow. I thought Iโd let the flavours come together overnight. The only thing I did different is that I also added fresh lime juice and pepper. Itโs really really good. Looking forward to hearing what our friends think. My husband wants to eat the whole bowl right now lol.
It was a hit!!! Made it for two events and people devoured it! Itโs a keeper!
Could you use half sour cream half yogurt?
It will change the flavor a bit but it will work.
Made this for a ladies event and as soon as they tasted it, everyone wanted the recipe! So simple and delicious!
Do you think this dip would still be good, if froze it? Thank you!
This dip is best when served fresh. I wouldn’t recommend freeing this dip.
I’ve made it and everyone loved it. But I’m not a fan of mayo can I use sour cream or yogurt instead??
Yes, of course!
OMG !!! This is like Crack!!! So delicious and addicting that my friends and I canโt get enough.
Can this dip be made a day ahead?
Yes! Just give it a good stir before serving.
Made it today, followed all measurements of ingredients…all I could taste was onion and bacon, made me nauseous…chilled for about 3 hours
If you toasted/roasted the almonds, that would really add more flavor to the dip
Great idea!
This dip is great! One taste and I was hooked. Been making this every New Years and it’s always a hit!