Caramel Morsel Bars

Recipe by teapotter
READY IN: 15mins


  • 1
    (14 ounce) bag caramels
  • 3
    tablespoons water
  • 5
    cups crisp rice cereal or 5 cups toasted oat cereal
  • 1
    cup peanuts
  • 1
    cup semi-sweet chocolate chips
  • 1
    cup butterscotch chips


  • Melt caramels with water in a saucepan over low heat. Stir frequently till caramels are melted and sauce is smooth.
  • Toss cereal and peanuts together in a bowl. Pour the melted caramel sauce over the mixture and toss until well coated.
  • With buttered fingers, press the mixture into a greased 13 x 9 inch baking pan. Sprinkle chocolate and butterscotch chips on top and place in a 200F oven for about 5 minutes or until chips are softened. Spread the softened chips to blend slightly and form a frosting over the top. Cool and cut into bars. Cut into 30 bars or in sizes as desired.