Yep, these are a classic and have been around for a long time. The original recipe can be found on the Chex website here, however I have made a couple of alterations. I don't use butter or margarine in my version and I use powdered vanilla which I mix in with the powdered sugar instead of stirring vanilla into the peanut butter and chocolate. These are always a favorite snack around here!
9 c. Chex cereal, or generic equivalent, any variety (I prefer Rice Chex)1 c. semi-sweet chocolate chips
½ c. peanut butter
1 tsp. powdered vanilla*
1 ½ c. powdered sugar
Measure cereal into large bowl; set aside. Microwave chocolate chips and peanut butter for 1 minute and stir. Continue to microwave, if necessary, in 30-second intervals until melted. Pour chocolate/peanut butter mixture over cereal in bowl, stirring evenly until coated. Put powdered sugar into a gallon-sized ziplock bag and add powdered vanilla. Shake to combine. Add cereal mixture. Seal bag; shake until well coated with powdered sugar. Store in airtight container (or in the same ziplock) in refrigerator.
(*If you prefer to use regular vanilla, stir it in after you microwave the chocolate and peanut butter. In my experience, the vanilla makes it really thick and harder to coat the cereal.)
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