Drain and rinse the canned black beans and black-eyed peas.
Combine black beans, black-eyed peas, corn, bell peppers, tomatoes, onion, and cilantro in a large bowl.
In a small bowl whisk together olive oil, vinegar, lime juice, garlic, and salt.
Pour the dressing over the bowl of beans and vegetables and gently toss together.
Cover container and place in the refrigerator for at least 2 hours.
When ready to serve transfer to another bowl using a slotted spoon leaving excess dressing behind.
Serve with chips and enjoy!