Add softened cream cheese and mayonnaise to a large mixing bowl and stir until smooth and creamy
Mix in lemon juice, garlic powder, onion powder, salt, and black pepper until evenly combined
Fold in shredded chicken, ensuring it is well coated in the creamy mixture
Add diced jalapeños and shredded cheddar cheese, mixing gently
Stir in crumbled bacon, reserving a small amount for garnish if desired
Taste and adjust seasoning if needed
Cover and refrigerate for at least 30 minutes to allow flavors to meld
Serve chilled or slightly cool for best texture