Take a paper towel and pat dry the peas in the colander. Then, add them to a large bowl. Next, add the sour cream, mayonnaise, apple cider vinegar, salt, pepper and dill to the bowl with the peas. Gently fold the ingredients together until a creamy dressing has formed over the peas. Finally, add in the cheddar cheese cubes, sliced red onion and bacon bits and toss gently to combine.