This website may contain affiliate links and advertising so that we can provide recipes to you. Read my disclosure policy.

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.

Dipping crackers in million dollar dip

A Reader’s Review

“Simple to make! Plus it was a huge hit! Can’t 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 won’t mix as well with this dip, and the flavor isn’t 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!

  1. Mix Together Ingredients: Add green onions, cheddar cheese, mayonnaise, bacon bits, and slivered almonds to a small bowl. Then mix until fully combined.
  2. Chill and Enjoy: Refrigerate for at least 2 hours. Serve this 5 minute million-dollar dip with your favorite crackers.
Million dollar dip ingredients in mixing bowl.

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!
Crackers in million dollar 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!

Bowl of million dollar dip with crackers.

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.

Pin this now to find it later

Pin It

5 Minute Million Dollar Dip

4.75 from 35 votes
By: Alyssa Rivers
5 Million Dollar Dip is only 5 ingredients and they don’t call it million dollar dip for nothing! It is so deliciously addicting and will be the biggest hit wherever it goes!
Prep Time: 5 minutes
Total Time: 5 minutes
Servings: 12 people

Equipment

  • Utopia Kitchen Cooking Knives
  • Fine dine Mixing Bowls

Ingredients 

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

Updated on May 16, 2023
Originally Posted on September 12, 2016

Nutrition

Calories: 311kcalCarbohydrates: 2gProtein: 8gFat: 30gSaturated Fat: 8gCholesterol: 38mgSodium: 437mgPotassium: 70mgFiber: 1gSugar: 1gVitamin A: 257IUVitamin C: 1mgCalcium: 154mgIron: 1mg

Nutrition information is automatically calculated, so should only be used as an approximation.

Additional Info

Course: Appetizer
Cuisine: American
Tried this recipe?Mention @alyssa_therecipecritic or tag #therecipecritic!

Save

16 Quick & Easy 30 Minute Recipes!
(Plus weekly recipe updates)

About Alyssa Rivers

Welcome to my kitchen! I am Alyssa Rivers and the food blogger behind The Recipe Critic. The blog launched in 2012 as a place to share my passion for cooking. I love trying new things and testing them out with my family. Each recipe is tried and true, family-tested and approved.

More Ideas

Leave a comment

Your email address will not be published. Required fields are marked *

Recipe Rating




252 Comments

    1. Yes! Totally. You can leave it out over an ice if you would like too. It is great serving at parties! Enjoy! XOXO

    1. There are about 8 to 10 servings but will feed a medium to larger crowd especially if there are other appetizers there.
      I like to use myfitnesspal.com or skinny taste.com for any nutritional information. Hope that helps you find what you are looking for. XOXO

    1. I like to use myfitnesspal.com or skinnytaste.com for any nutritional information. Hope that helps answer your questions.

    1. This dip will serve about 10-12 people depending on how much dip they each take. Hope that helps! You will love this Million Dollar Dip! XOXO

  1. This dip is so yummy! I had the original recipe at a friend’s house. Today I made it myself but changed the almonds to water chestnuts sliced into sticks( my daughter has a nut allergy). The result was excellent! Still has a crunch from the water chestnuts. We all loved it and so easy to make.

    1. Hi Ellen!

      Thanks for the comments and feedback. I am so happy that you loved the dip. It is one of my favorites. I am glad that you were able to make a substitution that fits your daughters needs. Thanks for following along! xoxo

  2. I made this today (Christmas Day) to take for dinner at my cousins house. I was looking for something quick and easy. The reviews said it was great but I was doubtful – it looked kind of odd but I had all the ingredients so I gave it a go. OMG – Everyone loved it! The 14 year old teenager ate almost the whole bole! She loved it and everyone else did. This is definitely a keeper. I only have one complaint – when I got home and went to check the recipe to put in my recipe file I couldn’t find it – I couldn’t find it under appetizers – or did I just miss it? Either way, it’s a 5 star keeper for me!

      1. Exactly Miracle Whip is not mayonnaise, I cut the top of the green onion off, and about 1/4 inch off the green part

    1. I have made this dip several times do not freeze it it has mayonnaise and don’t freeze it you will ruin it also when you use the green onions use the white part as well as the green part cut the top of the white part off and cut probably about an inch of the green part I dice mine up really fine so if you’re not using the white part you’re making a big mistake