Million Dollar Dip Recipe (Neiman Marcus Dip)

Name: Million Dollar Dip Recipe
Prep time: 5 min
Total time: 5 min
Ingredients: 1 cup mayonnaise; 6 oz cheddar cheese (grated, about 1½ cups); ½ cup green onions (diced); ¾ cup slivered almonds (toasted); ½ cup bacon crumbles

Amazingly flavorful dip full of yummy cheese, crispy bacon and crunchy almonds.

Jump to Recipe

bowl of million dollar dip with a cracker stuck in it

If you have been looking for a delicious and crowd-pleasing dip for your next party, then this amazing 5 ingredient million dollar dip is perfect for you. It only uses 5 simple ingredients and is ready in just 5 minutes. It is therefore also often called 5 minute dip. This yummy dip tastes great with ritz crackers, tortilla chips and pretzels. Million dollar dip can be served as an appetizer or party food. It is of course the perfect game day or super bowl snack as well. This 5 ingredient dip recipe is the absolute best and will surely be a huge hit at your next gathering.

bowl of million dollar dip with salted crackers around it

Table of Contents

What is Million Dollar Dip?

Million dollar dip is also often called Neiman Marcus dip, 5 minute dip or 5 ingredient dip. That is because it is so easy to make, only uses 5 ingredients and is ready in 5 minutes. Mayonnaise serves as the delicious base for this amazing dip, but can be substituted with greek yoghurt or sour cream. Its other main ingredients are cheddar cheese, green onions, almonds and bacon. This yummy dip is best served with buttery crackers, chips or pretzels.

Notable: creamy dip packed with cheese, bacon and almonds, that tastes like a million dollars
Main Ingredients: mayonnaise, sharp cheddar cheese, green onions, slivered almonds, bacon
Cooking Method: no bake
Cooking Time: 15 minutes prep time
Pairs well with: buttery crackers, tortilla chips, celery sticks, carrot sticks, bagel chips, pita chips, salty pretzels or any of your favorite crackers
Diets: keto friendly, gluten free
Special Equipment Needed: large mixing bowl, cooking spoon or spatula

bird's eye view of a bowl of million dollar dip with crackers around it

hand dipping a cracker into million dollar dip

Ingredients

You may have all of these ingredients for this million dollar dip recipe in your refrigerator or pantry and not need to make a trip to the grocery store! If this is your first time making this 5 minute super bowl dip you might want to read the possible variations before deciding on your ingredients.

5 Minute Dip Ingredients

1 cup mayonnaise
6 oz cheddar cheese (grated)
½ cup green onions (diced)
¾ cup slivered almonds (toasted)
½ cup real bacon crumbles

Optional Garnish

grated cheddar cheese, diced green onions, toasty almonds, bacon crumbs

Variations and Substitutions

Mayonnaise: Substitute half the real mayo with greek yoghurt for a lighter version of this easy million dollar dip. Another great substitute for some of the mayonnaise is sour cream. You could even try using softened cream cheese as well.

Bacon: We recommend using freshly cooked, crumbled up bacon for this vintage recipe. However, you can substitute real bacon bits in a pinch.

Cheese: Use a combination of cheddar cheese and Monterey Jack if you prefer. We recommend grating your own cheese. Pre-grated cheese has additives and does not provide the same great flavor.

Adding Extra Flavor: You can add some extra flavor to this dip by seasoning with a small amount of garlic powder. Additionally, for a slight spicy kick, add some black pepper, cayenne pepper or red pepper flakes.

Labeled bowls of almonds, bacon crumbles, shredded cheddar cheese, green onion slices and mayonnaise.

WHAT TO MAKE NEXT: If you loved this cold super bowl dip recipe, try our Sour Cream And Onion Dip. You’ll love it because it is a simple combination of sour cream and onion soup mix. It tastes great with chips and fresh veggie sticks.

Recommended Tools

Links to our favorite tools are affiliate links. If you purchase something through the link we may get a tiny portion of the sale.

Mixing Bowl — For best results use a clean and dry glass or porcelain bowl to mix this easy 5 minute dip recipe.

Instructions

This section shows how to make million dollar dip, with step-by-step photos and details about the technique. For full step-by-step instructions, photos and nutritional information see the recipe in the recipe card below.

MIX INGREDIENTS: Firstly, combine all dip ingredients in a large bowl. Then stir together with a spoon or spatula until well combined. Afterwards, transfer the finished dip to a serving dish and serve with butter crackers, chips or fresh veggies.

mayonnaise, cheese, green onions, almonds and bacon in a mixing bowl

mixed up million dollar dip in a glass bowl with a spatula

WHAT TO MAKE NEXT: If you love the combination of cheddar, bacon and green onion then you’ll love our Perfect Oven Baked Potatoes. These amazing potatoes have a crispy golden skin and a hot, fluffy center. They are to die for topped with cheddar cheese, crumbled up bacon and sliced green onions.

Make Ahead

You can make this almond-bacon-cheese dip several hours ahead of time. Store in an airtight container in the fridge until ready to use.

Stef says….

I usually use Air Fryer Bacon for this recipe, because the air fryer allows you to make crispy slices of bacon without the mess and fuss. It is fast, easy, and delicious.

Recipe Tips

Follow these tips to make the best million dollar dip recipe.

Tip: For best results, use freshly grated cheese instead of pre-grated. That way you avoid additives and just get amazing cheese flavor.
Tip: Make sure to use real cooked and crumbled bacon instead of bacon bits for this party dip.
Tip: Keep your million dollar dip in the fridge just until serving, to make sure this party favorite stays food safe.

More Bacon Recipes

In case you also think that everything tastes better with bacon, here are some of our other scrumptious recipes using real bacon:

More Delicious Dip Recipes

If you love this almond-bacon-cheese spread dip, then you’ll enjoy our 7 layer dip or nacho cheese dip as well as these delicious homemade dip recipes:

How To Store

Room Temperature: Do not leave dip out of the refrigerator for more than 1 hour. The mayonnaise will not keep.

Refrigerate: Store homemade million-dollar dip leftovers in an airtight container, ziploc bag, other covered container or small bowl covered with plastic wrap in the refrigerator for up to 3 days.

close up of a bowl of million dollar dip

Andrea says….

This recipe requires bacon but I used to hate cooking bacon. My favorite way of cooking bacon is in the oven, because it yields Perfectly Cooked Bacon every time. Additionally it is less messy than the stovetop method. The bacon grease splatters are contained within the baking sheet pans. Alternatively, but a little precooked bacon!

Common Questions

Can I add any toppings to this easy appetizer?

By all means!! We recommend saving some grated cheese, diced green onion, toasted almonds and bacon crumbs. Then use them as toppings for this crowd-pleasing dip after it has been transferred to a serving bowl.

What are the best dippers to serve with this great dip?

As a matter of fact, this easy dip recipe pairs well with almost everything. Our favorite dippers for this delicious dip are buttery crackers, pretzels, tortilla chips, pita chips, or bagel chips. Moreover, you can serve fresh veggies such as celery sticks or carrot sticks alongside this creamy dip. However, the indulgent ingredients of this crowd-pleasing party recipe will taste amazing on all your favorite chips and crackers.

5 from 1 vote