In a mixing bowl, blend the softened cream cheese, sour cream, shredded cheddar, crumbled bacon, green onions, jalapeños (if using), garlic powder, onion powder, salt, and pepper until smooth and fully combined.
Set your air fryer temperature to preheat at 350 degrees F (175°C) for a few minutes.
Spoon the creamy mixture into a greased air fryer-safe baking dish or ramekin.
Place the dish into the preheated air fryer and set cook time for 10-15 minutes, or until the dip is hot, bubbly, and golden brown.
Remove the dip from the air fryer, allow it to cool slightly, then serve with tortilla chips, pita chips, or fresh veggies. Enjoy!