Saw this on pinterest, and had to make it (because it looked so easy, haha). Super yummy!

Recipe calls for:

6 cups Rice Chex® or Chocolate Chex® cereal
1-1/2 bags white vanilla baking chips
1/3 cup coarsely crushed peppermint candy canes (I used more because 1/3 wasn't looking like enough)

1. Line cookie sheet with foil or waxed paper. {I just put wax paper on the counter top.} Place cereal in large bowl.

2. In microwavable bowl, microwave white vanilla baking chips uncovered on high about 1 minute 30 seconds, stirring every 30 seconds, until chips can be stirred smooth. Stir in half the crushed peppermint candy.

3. Pour over cereal; toss to evenly coat. Spread mixture in single layer on cookie sheet. Immediately sprinkle with remaining candy. Let stand until set, about 20 minutes. Gently break up coated cereal. Store in airtight container.