Garnish if desired (paprika and cilantro are good choices) and serve with chips or crackers.
Video
Notes
While this can be served immediately, for the best results, put it together at least 4 hours ahead of time and store in the refrigerator to give the flavors time to meld.
Use sharp cheddar shredded cheese for the best flavor.
Taste test and add more seasonings if needed.
If you want a really smooth texture, use a hand mixer or food processor to blend.
Some other suggestions for toppings are diced tomatoes, green onions, or a dollop of sour cream.