Combine all ingredients in medium saucepan. Cook over medium-low heat, stirring frequently. Hold hot until service.
If serving for take-out, place cheese dip in heat-safe to-go container.
If serving as appetizers, serve this dip in mini pretzel slider rolls that have been hollowed out. Serve with assorted raw vegetables and pretzel crackers.
Hollow out a pretzel bowl with a biscuit cutter, then grill or toast top to serve alongside. Fill bowl with this creamy cheese dip. Serve with assorted raw vegetables and pretzel crackers.