In a large mixing bowl, add the drained canned corn, shredded sharp cheddar cheese, chopped red bell pepper, chopped green bell pepper, and chopped red onion. Gently fold the ingredients together until evenly distributed.

In a separate small bowl, whisk together mayonnaise, garlic powder, onion powder, and black pepper until smooth and creamy.

Pour the creamy dressing over the corn and vegetable mixture. Stir gently to ensure all components are well-coated.

Right before serving, fold in the crushed Fritos corn chips to maintain their crunch.

Transfer the salad to a serving dish and serve immediately for the best taste and crunch.