Grate the Cheese: Start by grating the sharp cheddar cheese using a fine grater. Freshly grated cheese provides the best texture and flavor for your Masters Pimento Cheese.
Combine Ingredients: In a mixing bowl, combine the freshly grated cheddar cheese, softened cream cheese, and mayonnaise. Stir until the mixture is smooth and evenly mixed.
Add Seasonings: Sprinkle in the garlic powder, onion powder, and hot sauce (if using). Mix to combine these seasonings into the cheese mixture.
Incorporate Pimentos: Add the pimentos to the mixture and stir gently to incorporate them. Be careful not to crush the pimentos—just mix them evenly throughout.
Adjust and Taste: Taste the pimento cheese and adjust the seasoning, adding salt and pepper as needed. If you prefer a spicier flavor, feel free to add more hot sauce.
Chill: Cover the mixture and place it in the refrigerator for at least 1 hour to allow the flavors to meld and the texture to firm up.
Serve: Once chilled, serve your Masters Pimento Cheese with crackers, fresh veggies, or as a filling for sandwiches.