Cook the rice according to package instructions until fluffy.

In a large skillet, heat olive oil over medium heat. Sauté onions and bell peppers for about 5 minutes until tender.

Add the steak strips to the skillet and season with salt, pepper, and garlic powder. Cook until browned (approximately 5 minutes).

Pour in the queso cheese sauce and stir until everything is well-coated.

Fold in the cooked rice, ensuring even distribution of the cheesy mixture.

Serve hot, garnished with fresh cilantro or jalapeños if desired.