Chocolate Peanut Butter Marshmallow Squares
I realize I’ve been dishing up a lot of sweet stuff lately – I promise we do eat real food too on occasion. You know what a fan I am of those rainbow peanut butter marshmallow squares – last time I made a batch W loudly wished they had been chocolate peanut butter, only the very best flavour combination ever, and so of course I obliged. It’s easy – just swap the butterscotch chips for chocolate, which I’m far more likely to have around anyway. And ever since a friend singed hers on the stovetop last Christmas, creating these irresistibly tasty crispy bits, I’ve imagined them with a slight crunch from a handful of cereal. Which turned out to be a Very Good Idea.
I realize in mid (late!) May, recipes should be full of asparagus and rhubarb, and all things that are currently poking their way through the freshly thawed ground. I’d apologize, but I’m sure you understand. As far as recipes go, these aren’t earth-shattering – but they’re easy, and ridiculously delicious, and therefore likely to stick around. Since we collectively seem to need a lot of comforting these days, it seemed like a good time to share. (I’ve been promising since sending out a peek on Instagram – apologies for holding out.)
The only trick, as with the original formula, is to let the chocolate-peanut butter mixture cool just a bit, enough so that it won’t melt the marshmallows. (But if this happens, no one will complain of streakiness.)
Chocolate Peanut Butter Marshmallow Squares

In a medium saucepan, melt the butter, peanut butter and chocolate chips over medium-high heat. Remove from the heat and set aside to cool slightly so that you don't melt the marshmallows. Stir in the marshmallows and cereal and spread into a parchment-lined 8x8-inch pan. Refrigerate until firm and cut into squares.
Ingredients
Directions
In a medium saucepan, melt the butter, peanut butter and chocolate chips over medium-high heat. Remove from the heat and set aside to cool slightly so that you don't melt the marshmallows. Stir in the marshmallows and cereal and spread into a parchment-lined 8x8-inch pan. Refrigerate until firm and cut into squares.
Regarding the chocolate PB marshmallow squares, the ingredient list mentions crunchy cereal while the directions mention coconut. Could you clarify please? Thanks!
I’m a bit confused … the ingredient list doesn’t list coconut but the directions do. If coconut is to be added – how much? Also I assume you just mix the cereal in when you add the marshmallows. This looks tasty and a nice change from the butterscotch ones.
Sorry, coconut is meant to be cereal – made the change!
Sorry, meant to say cereal! In the other I use coconut sometimes.
Hi Julie, do you think 300grams of chocolate chips is around 2 cups? I’ve been googling it but there’s a range of answers. My kids are going to love this recipe. Thanks!
The directions call for butterscotch chips but the ingredients list chocolate chips. I guess they are interchangeable.
Yes, they are!
Drool. Slurp. Eat. Repeat! Thanks, Julie. These are delicious and stoopidly easy to make. It just doesn’t get much better!
I know – best things ever.
These are a family favourite – I can’t remember a Christmas without them. One of those recipes for me that you look forward to all year long. I love the idea of adding rice krispies – can’t wait to try them with that variation!
I know right???
I remember my mom getting the recipe from a neighbour during a brief time living in Charlottetown. They were known as “no name squares” and made with chocolate. They were my Christmas favourites and I didn’t realize that they were a commonly made square with butterscotch chips until I was an adult! Now my kids prefer the butterscotch version.
I love both!
I made mine with crunchy peanut butter yumm!!
Oh yeah!
While cleaning out my freezer I found a few bags of chocolate chips of various flavor as well as a bag of frozen marshmallows I had put in their last summer and knew I needed to get rid of these things. I also had a few jars of peanut butter that had been given to us by someone and so I Googled the ingredients to see what type of a recipe I could come up with and found yours. Looking so easy I decided to throw it together but also decided that since I had so much of the ingredients on hand to make it a double recipe. The marshmallows I had however were regular sized marshmallows and not the mini marshmallows and so I figured I could just cut them into small pieces however after cutting up two or three of them with a knife I got out my kitchen scissors and used them to cut them up into smaller pieces. While trying to decide which chocolate chips to use I decided to do a mixture of one bag of the semi-sweet and one bag of the milk chocolate chips. This was definitely a good mix and the entire recipe came out so good that when I poured it into a 13 x 9 casserole dish it ended up being over an inch thick of product. When I cut them up I believe I did it eight rows of six giving me a total of 48 squares but I’m not sure if it was quite that or not. I had made these back on Tuesday and today is Saturday and I have only myself had about four of them however my daughter has eaten probably half of what I made or close to that anyway. Thanks for a good recipe that I’m sure that when we have a lot of leftovers of stuff like this again I will make them again. They were definitely good enough to take to a church gathering of some sort whether a covered dish dinner or just a dessert after the church services. Thanks for a really good recipe.
Yay, so glad it worked out for you!
I used ‘golden graham’ cereal and they came out amazing! like a peanut butter s’more!
I added a pinch of vanilla and some chow mein noodles for a bit of crunch……delicious!