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Step 1
Put the cornflakes in a bowl big enough to stir and set aside.
Step 2
Melt chips and peanut butter in a microwave-safe bowl in 30-second intervals, stirring between bursts. Repeat just until it's all smooth and melty, then stir in a teaspoon of vanilla.
Step 3
Pour the warm mixture over the cornflakes, and working gently, use a rubber spatula to coat the cornflakes evenly with the creamy mixture.
Step 4
Drop by tablespoons onto waxed or parchment paper-lined baking sheets and cool.
Step 5
Keep in a tightly covered container in the refrigerator or a cool place.