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Wash potatoes and cut into 1-inch cubes. Leave skins on if desired.
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Place potatoes in a large pot of salted water and bring to a boil.
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Cook 15–20 minutes, or until fork tender.
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Drain potatoes well and let cool slightly.
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While potatoes cook, fry bacon until crisp. Drain on paper towels and crumble.
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In a large mixing bowl, combine mayonnaise, sour cream, salt, and pepper.
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Add cooked potatoes, bacon, cheddar cheese, and green onions.
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Gently stir until evenly coated.
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Serve warm or refrigerate until chilled before serving.