Crispy Peanut Butterscotch Fudge Squares

Level: Intermediate
Prep Time: 20 min
Cook Time: 5 min
Cooling Time:
Yields: 80 squares


These wonderful Crispy Peanut Butterscotch Fudge Squares will be adored by the dessert lovers in your group. Perfect for entertaining or family snacks.


  • 4 1/2 teaspoons light margarine
  • 2 cups miniature marshmallows
  • 1/4 cup creamy peanut butter
  • 3 cups crisp rice cereal
  • 2 tablespoons light margarine
  • 2/3 cup (5 fl.-oz. can) NESTLÉ® CARNATION® Evaporated Fat Free Milk
  • 1 1/2 cups granulated sugar
  • 1/4 teaspoon salt
  • 2 cups miniature marshmallows
  • 1 cup NESTLÉ® TOLL HOUSE® Butterscotch Flavored Morsels
  • 3/4 cup creamy peanut butter
  • 1 teaspoon vanilla extract
  • 1/4 cup cocktail peanuts, chopped


13 x 9-inch baking pan and rubber spatula with nonstick cooking spray.

MELT margarine over low heat in medium, heavy-duty saucepan. Add marshmallows and peanut butter; stir until melted. Remove from heat. Add cereal; stir until coated. Press onto bottom of prepared baking using prepared rubber spatula.

margarine, evaporated milk, sugar and salt in medium, heavy-duty saucepan. Bring to a full rolling boil over medium heat, stirring constantly. Boil, stirring constantly, for 4 to 5 minutes. Remove from heat.

ADD marshmallows, morsels, peanut butter and vanilla extract; stir vigorously for 1 minute or until marshmallows and morsels are completely melted. Pour over crust. Sprinkle nuts over fudge; press in slightly. Refrigerate until set. Cut into squares.

Holiday Favorites

by C. Chris , Salt Lake City, UT on Mar. 2010

I make these for Thanksgiving and Christmas every year and they are a huge hit. I put them in goody bags for my daughter's teachers and my husband's co-workers and someone always wants the recipe! Delicious Treat!!

Crispy peanut butterscotch fudge

by A. Al , MARINETTE, WI on Feb. 2010

I read the comments, and tried it with both butterscotch and chocolate,and this is a very good recipe-enjoyed it a lot-will certainly make this time and time again- a keeper recipe!

easy and tastes great

by K. KATHY , South Daytona, FL on Jun. 2009

This was a very good recipe. It wasn't that difficult and looks like you really spent a lot of time on it.

Very Good

by C. Candus , SAINT PETER, MN on Feb. 2009

Very good bars! They were a hit with my family, I will definately make these again!

peanutty fudge is yummy, but...

by L. Lynn , NEWBURY PARK, CA on Jan. 2009

This was a great treat with the combination of crunch and peanut butter. But, I learned that this is not something that stores well because the crisped rice gets soggy.

very good described baked good perfectly

by J. Jana , Roseville, OH on Oct. 2008

We are a lover of peanut butterscotch treats. This was perfect to take to the soccer games as a snack and to work as a treat for the department.


by P. Pretha , Groveland, FL on Oct. 2008

This is soooo good!!It's the first time I'm trying this type of fudge and it was a very bit hit with my family.I'll definitely make this again.

Total Hit!

by P. Pamela , Columbia, MO on Sep. 2008

My children and grand children aren't big butterscotch eaters, so I used chocolate fudge instead and they were a total hit. Almost like eating a crunchy peanut butter cup. Will definitely make again.

Crispy Peanut Butterscotch Fudge Squares

by B. Bonnie , ANDALUSIA, IL on Sep. 2008

I made this for my grandkids. It is really good. And easy to make too. Thank you for another great recipe.

Peanut butterscoth bars

by R. ROBIN , Harriman, TN on Sep. 2008

These were the greatest I only wish I had made a double batch, you better believe I will next time, these are soooo Good!