Step 1

Line cookie sheet or tray with parchment paper. Remove wrappers from candies; set aside.

Step 2

Place peanut butter chips, chocolate chips, honey and butter in large microwave-safe bowl. Microwave at high (100%) 1 minute; stir. If necessary, microwave at high an additional 30 seconds at a time, stirring after each heating, until chips are melted and mixture is blended when stirred. Gradually stir in cereal flakes, stirring until cereal is completely coated with the chip mixture.

Step 3

Scoop 26 equal portions (about 1 tablespoon each) onto prepared sheet; shape into mounds. Place candy piece in center of each mound. Allow to firm about 30 minutes before serving. Store, covered in dry, cool place.