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Step 1
Drain the diced pimento peppers and set them aside. Add the room temperature cream cheese, mayonnaise, hot sauce, garlic powder, salt, and onion powder to a large mixing bowl and use a handheld mixer on medium-high speed to combine.
Step 2
Fold the Cheddar and pimentos into the cream cheese mixture.
Step 3
Once the Cheddar is evenly distributed, serve right away or keep refrigerated for up to five days.