Yes you can freeze it. Use baggies and divide it up into smaller amounts, then put the baggies into a larger one, with a 3x5 card label in with them, with the contents written in felt marker with big dark letters. Are you sure you want to eat that? Many processed cheese items have a lot of partially hydrogenated or fractionated oils, which are found to be more dangerous than saturated fats. I no longer eat those because they attack brain tissue pretty efficiently, so a lot of what I grew up with is out. There's still plenty of delicious stuff out there! Hope this helps, whether you are a trans-fat eater or not. God bless you.