01 -
On medium heat, stir together sugar, peanut butter, and honey (or corn syrup) in a saucepan. Keep stirring until bubbles barely start to appear, then take off the heat.
02 -
In a big bowl, pour the warm peanut butter mixture over the Rice Krispies. Mix well so all the cereal gets a nice coating.
03 -
Spread out the mixture on a baking sheet lined with parchment paper, or scoop it into little clusters if you'd rather.
04 -
Scatter M&M's and tiny chocolate chips on top, gently pressing them in so they'll stick.
05 -
Leave the treats out in a cool spot to firm up before eating.