Million Dollar Dip, or Neiman Marcus Dip is rich, creamy, and super easy to make! Perfect for your next party or game day celebration. Serve with crackers or fresh veggies!

Million Dollar Dip Recipe

Today, I’m sharing an easy dip recipe that is a huge hit every time I bring it to a party. This Million Dollar Dip, also known as the Neiman Marcus Dip, is super easy to make and totally delicious.

Packed with sharp cheddar cheese, real bacon bits, and topped with toasted almonds this dip delivers tons of flavor!

Some other appetizers that taste like big bucks are my Million Dollar Deviled Eggs, Rotel Cheese Dip, Everything Bagel Dip, and my Jalapeno Popper Cheese Ball.

Why is it called Million Dollar Dip?

The “Million Dollar” part of the Million Dollar Dip’s name is thought to mean that the dip tastes so rich, it’s like a million-dollar experience.

Helen Corbitt was a famous chef at the Neiman Marcus Zodiac Room in Dallas, Texas. She created this dip with a few simple ingredients, but the result was so yummy that it because a party favorite.

Over time, this Neiman Marcus Dip took on a new name, Million Dollar Dip. And why not? Each bite tastes like a million bucks!

cracker in a hand with some spread on it

What are some other names for it?

Neiman Marcus Dip: Named for the department store, Neiman Marcus.
5-Minute Dip: Because it’s so quick to make.
Bacon Cheese Dip: Another common name due to the main ingredients.
Almighty Dip: Because of its rich and addictive taste.
Cheese and Bacon Dip: Named after its two primary ingredients.
Party Dip: Because it’s popular at gatherings and parties.

Serving Suggestions

Crackers: Wheat crackers, Ritz crackers, butter crackers, or rice crackers.
Fresh Vegetables: Sliced cucumbers, bell peppers, cherry tomatoes, celery sticks, or carrot sticks.
Bread: Toasted baguette slices, crostini, breadsticks, or pita bread.
Pretzels: Traditional pretzels or pretzel sticks would also work well.
Chips: Potato chips, kettle chips, or tortilla chips.

What’s the difference between million dollar dip and crack dip?

The original recipe for Million-dollar dip uses just cream cheese and no mayo.

Crack Dip, also known as “Bacon Cheddar Ranch Dip” or “Cheesy Bacon Dip”, doesn’t use cream cheese but a combination of sour cream and mayonnaise with ranch seasoning.

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ingredients for a dip recipe in individual bowls

Ingredients Needed

Almonds – Slivered almonds work best. If you have sliced almonds, just chop them a little.

Cheese – Shredded sharp cheddar cheese. Grate your own for best flavor.

Mayonnaise – Substitute plain Greek yogurt if needed.

Cream cheese – Full fat, low fat, or fat free cream cheese, softened.

Bacon – Cooked and crumbled. I don’t recommend you use Bacon bits.

Green onion – Sliced or substitute some grated sweet onion.

Spices – Garlic powder, salt and black pepper if desired.

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cream cheese and spices mixed in a bowl with beaters

How To Make Million Dollar Dip

First: Heat a small skillet over medium heat and add the slivered almonds. Stir constantly to toast until lightly golden brown and you can smell them.

Remove from the heat and place the toasted almonds on a plate or paper towel to cool.

Second: In a large mixing bowl, combine the cream cheese and mayo until smooth.

million dollar dip in a bowl with a spatula

Third: Add in the cheese, bacon, green onion, garlic powder, and almonds.

Fourth: Mix to combine, move to a serving dish and garnish.

For the full recipe and detailed instructions, please refer to the recipe card at the bottom of the post.

close up of Neiman Marcus dip with crackers and bacon on top

How long does it last?

Million Dollar Dip can last up to 3 days in the refrigerator. Store any leftover dip in an airtight container or place in a serving bowl and cover with plastic wrap.

Can you freeze it?

While it’s technically possible to freeze it, I don’t recommended it. The dairy ingredients can separate and become grainy and watery.

Can you make it ahead of time?

Yes, you can make the dip ahead of time. In fact, making it a day in advance can even increase the intensity of the flavors as they mingle together.

How long can you let it sit out?

For food safety reasons, it’s generally recommended not to leave dips made with cream cheese, mayonnaise, or other dairy products out at room temperature for more than 2 hours.

If a dish has been left out longer than this, it’s safer to throw it out.

If you’re serving Million Dollar Dip at a party and expect it to sit out for a long period of time, consider keeping the dip bowl in a larger bowl of ice to keep it chilled, or bring it out in smaller portions, and refill from the fridge as needed.

Popular Dip Recipes

Being a party site, I share a bunch of dip recipes and it’s easy to say that they are all my favorite.

And they are all delicious but my “go-to” dips are my skinny poolside dip recipe, because I love black olives, this cowboy caviar because it’s so fresh tasting, and this cream cheese pepper jelly spread because it’s literally the easiest thing to put together.

Tapas Tips & Tricks

Start with room temperature cream cheese (softened) for a smooth dip.
You can substitute packaged bacon bits but fresh bacon tastes better.
Grate your own cheese. Pre-shredded cheese doesn’t mix well.
Serve with fresh veggies, chips, or your favorite crackers.
Want to add a little kick? Try a sprinkle of cayenne pepper or a dash of hot sauce.
You can garnish with extra cheese, almonds, onions, or bacon.
Use real mayo and full-fat cream cheese for the best taste.

collage of 4 dips with red banner and white text

Looking for more dips? Check out my favorite cream cheese dips. You might find one you haven’t tried yet or a new favorite like my deviled egg dip!

If you love this recipe as much as I do, please write a five-star review in the comment section below (or on Pinterest with the “tried it” button – you can now add pictures into reviews, too!), and be sure to help me share on facebook!

Million Dollar Dip is a crowd-pleasing dip that tastes best with buttery crackers or fresh vegetables. This creamy dip is perfect for the holiday season, game day, or just a chill afternoon with friends and family.