Measure out the Chex cereal and 2 cups of Reese’s Puff into a large bowl. Set aside.
Measure out out the Malted Milk Powder into a large gallon size zip lock bag. Set aside.
In a medium microwave safe bowl, add chocolate chips, peanut butter and the butter. Microwave for a total of 1 minute, stir at the 30 second mark. Stir until smooth.
Pour the chocolate mixture into the bowl with the cereal. Stir until the cereal is smooth.
Add the covered cereal into the baggie with malted milk powder. Zip lock tight and shake until the cereal is completely covered with malt powder.
Pour the cereal into a large bowl and toss with the remaining Reese’s Puffs, Reese’s pieces, Reese’s mini cups and peanut butter chips.
Store in an air tight container. 3 – 4 days if it last that long.