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Step 1
In a medium bowl, combine the vanilla wafer crumbs and the butter. Press onto the bottom and sides of a 9-inch pie plate. Chill until firm.
Step 2
In a large bowl, use an electric mixer to beat the cream cheese until fluffy.
Step 3
In a separate bowl, use an electric mixer to combine the whipping cream, sugar and vanilla; whip until thickened but not stiff. Gradually add to the cream cheese, beating until smooth and creamy. Use a rubber spatula to fold in the cranberry sauce, reserving a few whole cranberries for garnish.
Step 4
Spoon the filling into the crust; freeze until firm.
Step 5
Remove from freezer 20 to 30 minutes before serving. Top with additional whipped cream and reserved cranberries (if desired).