In a large mixing bowl, combine cream cheese, shredded cheddar cheese, diced jalapeños, chopped green onions, garlic powder, and onion powder. Mix until a creamy filling forms.

Lay out one egg roll wrapper, spoon filling onto the center, and fold and roll tightly, sealing edges with water.

Heat oil in deep fryer to 350°F (175°C). Test with a piece of bread; it should sizzle.

Carefully add egg rolls in batches, frying for about 3-4 minutes per side until golden brown and crispy.

Once cooled slightly, serve the egg rolls on a platter with dipping sauces.