In a bowl, combine the softened cream cheese, shredded cheddar, diced jalapeños, chopped bacon, garlic powder, salt, and pepper. Mix until fully combined and smooth.
Place an eggroll wrapper on a clean surface in a diamond shape. Add about 2 tablespoons of the filling just below the center. Fold the bottom corner over the filling, then fold in the sides, and roll tightly. Use a bit of water to seal the top edge. Repeat with remaining wrappers.
In a deep skillet or pot, heat about 2 inches of vegetable oil over medium heat until it reaches 350°F (175°C).
Fry 3–4 eggrolls at a time for 2–3 minutes per side, or until golden brown and crisp. Remove and drain on a paper towel-lined plate.
Serve warm with ranch dressing, sour cream, or your favorite dipping sauce.