Pour cereal into a large mixing bowl. Next, prep a cookie sheet with parchment or wax paper, set aside.
Place chocolate chips, peanut butter, and butter in a large microwave-safe bowl. Cook for 1 minute and stir. If it's not completely melted, put it back in for up to 30 seconds more. Once it's melted, add vanilla and mix. Pour it over your Chex Cereal and mix with a spatula until well coated.
Take a large plastic Ziploc bag and place powdered sugar inside, then add chocolatey cereal. Close and begin to shake it up so that all the squares are evenly covered with sugar. Place the Reindeer Chow on the baking sheet and let it cool. Once you're ready to serve, add holiday M&MS or other season candy and chow down!!
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Notes
Recipe Notes:
Be careful not to over stir when adding the candy. It may crush the cereal.
A gallon bag may not be large enough for this recipe. A 2 gallon Ziploc bag is better.
You can half the recipe if you need a smaller batch.
Store Reindeer Chow in an airtight container in the refrigerator or on the counter for 1-2 weeks.
Nutritional information is approximate and was calculated using a recipe nutrition label generator.★ Did you make this recipe? Don't forget to give it a star rating below!