Preheat oven to 425⁰F (220⁰C).
In a large bowl, mix flour and baking powder.
Cut in cream cheese with a pastry blender or 2 knives until mixture resembles coarse crumbs. Stir in cheddar cheese. Add milk and stir until mixture forms soft dough.
Place dough on a lightly floured surface and pat out to about 3/4″ thickness. Using a cookie dough cutter, cut into 2″ biscuits and place 2″ apart on a baking sheet.
Bake 12-15 minutes or until golden.
BAKING TIP: Biscuits should be cut with a sharp edge, straight down and up, a dull edge or twist of the cutter will inhibit the biscuit rising.