Place the cereal into a large bowl and set aside.
Add the white chocolate chips to a microwave safe bowl and heat on low for 2-3 minutes, stirring every 30 seconds, until the chocolate has melted fully.
Pour the melted white chocolate over cereal and stir to coat.
Line a large baking sheet with parchment and pour the coated cereal over the parchment. Spread it out into an even layer and let cool until the chocolate has hardened, about 1 hour.
While the chex and chocolate mixture is cooling, spread your mini pretzels on a large tray or cookie sheet.
Add the almond bark to a mcirowave safe bowl and heat on low for 2-3 minutes, stirring every 30 seconds, until the chocolate has melted fully.
Drizzle over the pretzels. Sprinkle immediately with holiday sprinkles. Set aside to cool and harden.
Once the cereal has cooled and harded, break apart into small pieces, and place the mixture into a large resealable bag. Add powdered sugar to the bag and shake gently until the mixture is coated.
Add cereal to a large bowl and mix in the drizzled mini pretzels, holiday m&m’s, and crushed peppermints. Stir to combine.
Package in air-tight containers to deliver for holiday gifts or serve immediately.