Step 1
In a large skillet over medium-high heat, heat oil. Sprinkle chicken with taco seasoning and cayenne; season with salt. Add chicken and cook, turning halfway through, until golden brown and an instant-read thermometer inserted into thickest part registers 165°, 8 to 10 minutes per side. Transfer to a plate.
Step 2
Add bell peppers, onion, and garlic to skillet and cook, stirring, until softened, about 7 minutes. Stir in beans until warmed through, then transfer mixture to another plate.
Step 3
Reduce heat to low and return chicken to skillet. Top with cheddar and bean mixture, then cover and let cheese melt.
Step 4
Top with cilantro and serve with tortilla chips, if desired.
1 Tbsp. extra-virgin olive oil