Reese's Peanut Butter Cup Dip Recipe

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This Reese’s Peanut Butter Cup Dip is a rich and creamy dessert dip made with cream cheese, Cool Whip, peanut butter, sweetened condensed milk, and chunks of Reeses. The easy no-bake dessert pairs perfectly with cookies, pretzels, or fresh fruit for dipping.

If you love peanut butter cups and you love cheesecake, this peanut butter and cream cheese dip is sure to become your new favorite dessert.

Reese's Peanut Butter Cup Dip in white serving bowl served on a platter with Nutter Butter Cookies for dipping.

It tastes like a slice of Reese’s cheesecake– only in dip form.

The best part is, just like cookie dough dip, hot chocolate dip, and funfetti dip, this sweet cream cheese dip only takes a few minutes to make.

Simply mix the ingredients together, top with some chocolate sauce and chunks of Reese’s, and enjoy with your favorite dippers.

Reese's Peanut Butter Cup Cheesecake Dip with peanut butter cookies for dipping.

Speaking of dippers, we love graham crackers, pretzels, and apple slices with our sweet dips. You will find that I listed some more dipper ideas below to give you plenty of options.

Ingredients

This section includes ingredient notes and substitution options. Get all measurements, ingredients, and instructions in the printable recipe card at the end of this post.

Cream Cheese— Softened cream cheese is the base of this no-bake cheesecake dip.
Sweetened Condensed Milk— Can be found in the baking aisle of the grocery store. Be careful not to pick up evaporated milk by mistake- they are two very different things,
Peanut Butter— Opt for creamy peanut butter rather than chunky peanut butter for this Reese’s dessert.
Vanilla Extract— Adds to the flavor.
Cool Whip— Cool and creamy whipped topping adds a lightness and a bit of fluff to the dessert dip. Be sure to allow it thaw in the fridge overnight before making your dip!
Reese’s Peanut Butter Cups— It wouldn’t be Reese’s dip without including the classic peanut butter and chocolate candies. You can use regular size or mini Reese’s.
Chocolate Sundae Syrup—To drizzle on top of the dip.

Substitutions & Variations

You can substitute the Reese’s Peanut Butter Cups with a store brand version.
You can substitute homemade fudge sauce for the chocolate sundae syrup.
Use “light” cream cheese instead of full-fat cream cheese (although this will affect the taste).

Supplies

Mixing bowls
Measuring cups and spoons
Mixer
Serving dish
Platter
Scraper spatula
Cutting board
Knife set

How to Make Reese’s Peanut Butter Dip

This section shows you how to make the recipe with step-by-step photos and instructions. For the full printable recipe, see the recipe card below.

Step 1: In a large mixing bowl, add the cream cheese, sweetened condensed milk, peanut butter, and vanilla extract. Beat with a mixer on medium speed for about 2 to 3 minutes, or until smooth.

On left, sweetened condensed milk, peanut butter, vanilla, and cream cheese in glass mixing bowl. On right, the same, but mixed until combined.

Step 2: Fold in Cool Whip.

On left, Cool whip added to mixture in mixing bowl. On right, same but folded until smooth.

Step 3: Add ¼ cup chopped Reese’s Peanut Butter Cups and stir to combine.

On left, chopped peanut butter cups added to mixing bowl. On right, the candy pieces are stirred into the dip.

Step 4: Transfer to a serving bowl. Top with chocolate sundae syrup and the remaining Reese’s Peanut Butter Cups pieces. Chill in the fridge until ready to serve.

On left, peanut butter cup dip in serving bowl, on right the same but topped with chunks of peanut butter cups and chocolate sauce.

Serve with cookies, graham crackers, and/or fruit and enjoy.

Hand reaching in and dipping Nutter Butter cookie in peanut butter cheesecake dessert dip.

How to Store

Cover any leftover dip or transfer to an airtight container and store in the fridge for up to three days.

Recipe Tips

Make sure the cream cheese is softened to room temperature so it will be easier to mix with the sweetened condensed milk. If it’s too chilled, it will be lumpy and will take longer to mix.
A 24 ounce dish is perfect for serving this easy Reese’s cheesecake dip.
Don’t let the dip sit out more than 2 hours at room temperature for food safety reasons.

Nutter Butter Cookie sticking out of Reese's Peanut Butter Cup Dip with more cookies in the background.

Favorite Dippers

This delicious dessert dip pairs well with a variety of dippers. Below are some of our favorites but feel free to try your own options as well.

Brownie Brittle
Chocolate cookies
Sliced apples
Vanilla wafers
Peanut butter cookies
Fudge sandwich cookies
Graham crackers
Nutter Butters
Waffle cone pieces
Pretzels
Shortbread cookies
Animal crackers

Reese's Cheesecake Dip served with peanut butter cookies for dipping.

Can’t get enough dessert dip ideas? If you enjoy this decadent cheesecake dip recipe you will probably love this sweet and creamy Turtle Cheesecake Dip and Raspberry Cheesecake Dip, too.

Frequently Asked Questions

Can I make this dessert dip ahead?

Yes, you can make this dip in advance up to a day before you want to serve it. Store it in the fridge until ready to serve.

Can I freeze the dip?

I don’t recommend freezing Reese’s Peanut Butter Cup Dip because of the cream cheese.

More Chocolate Peanut Butter Desserts