Step 1

Preheat the oven to 350 degrees F.

Step 2

Spray a 9x13-inch baking dish with cooking spray.

Step 3

In a large microwave-safe bowl, microwave the cream cheese and sour cream together on high until the cheese softens, about 1 minute.

Step 4

Transfer the bowl from the microwave.

Step 5

Whisk the cream cheese and sour cream together until smooth.

Step 6

Add the refried beans, green chiles, taco seasoning, and 2 cups shredded cheese.

Step 7

Spread the bean mixture into the prepared baking dish.

Step 8

Top the mixture with the remaining cheese.

Step 9

Bake until the cheese is melted, about 25 minutes.

Step 10

Garnish with green onions and black olives.

Step 11

Serve with tortilla chips.