Add the softened cream cheese and mayonnaise to a large bowl and mix them together until they’re as smooth and incorporated as possible.
Add the shredded cheddar cheese, chopped scallions, cooked bacon and slivered almonds. Season with a little salt, pepper and garlic powder.
Mix everything together until the ingredients are evenly combined. Serve immediately or cover and refrigerate until you’re ready to serve. Garnish with bacon bits and green onions, serve and enjoy!