Yield: 10 cups snack
Heat oven to 350 F. Mix cereals and pretzels in large bowl; set aside. Heat peanut butter and margarine to boiling in 1-quart saucepan, stirring occasionally. Pour over cereal mixture in bowl, stirring until evenly coated. Spread in ungreased rectangular pan, 13x9x2 inches; bake 5 minutes. Meanwhile, microwave jelly in small microwavable bowl uncovered on High about 30 seconds or until melted. Drizzle jelly over cereal mixture; bake 5 minutes longer. Stir in raisins. Spread on waxed paper to cool. Store in airtight container.
Recipe compliments of Chex.
Please note that some ingredients and brands may not be available in every store.