Peanut Butter Hot Chocolate
This Peanut Butter Hot Chocolate recipe is rich, creamy, and comforting. It’s easy to make and tastes just like a Reese’s peanut butter cup, in drinkable form. This is the perfect drink to mix up and keep you warm all winter long!
I’ve mentioned this before, and I’ll say it again, it’s the little things in life that make me happy.
My morning cup of coffee, watching the Food Network on lazy Saturday mornings, climbing into bed with freshly washed bed sheets and blankets, and relaxing with a pizza on Friday nights are just a few things that make me happy.
Hot chocolate also makes me happy. During the summer, or in the dead of winter, I drink hot chocolate throughout the year.
If you remember, I’m almost always cold. So I’m usually bundled up in a sweatshirt when it’s 90 degrees outside, or cozied up under my electric throw blanket when the temps dip below freezing.
So, needless to say, lots of hot chocolate is consumed in my house. That, coffee, and chai lattes, with the occasional cup of tea thrown in there. I love to hold a hot mug of something while I’m working on blog tasks, reading a book, or watching TV.
If you love peanut butter cups (Reese’s, I’m looking at you), then you’ll adore this Peanut Butter Hot Chocolate. It basically tastes like a peanut butter cup, in liquid form. Man, oh man, is it good!
And if combining chocolate and peanut butter wasn’t enough, this homemade hot chocolate is topped with thick whipped cream, a peanut butter drizzle, and mini peanut butter cups.
Oh, peanut butter, how I love you.
So grab that mug, whip up this easy hot chocolate, and savor the deliciously decadent, peanut butter taste that will warm you up all season long!
What Makes This PB Hot Chocolate So Good?
- It’s smooth and creamy, with the perfect amount of chocolate and peanut butter.
- This easy hot chocolate is warm and comforting, perfect for a chilly night.
- It’s easy to make for one, or grab a bigger pot and increase the recipe to make more for a crowd!
Ingredients for Peanut Butter Hot Chocolate
I made my hot chocolate with chocolate chips because they’re simple to measure out without the need to chop anything. However, you’re welcome to use a chopped chocolate bar for this Reese’s hot chocolate, if desired.
Here’s what you’ll need to make this peanut butter hot chocolate recipe with chocolate chips:
- Milk (any kind)
- Milk chocolate chips
- Creamy peanut butter
- Whipped cream (for garnish)
- Mini peanut butter cups (for garnish)
How to Make Peanut Butter Hot Chocolate
This Peanut Butter Hot Chocolate is the most delicious drink to warm you up and satisfy your peanut butter cravings. Here’s a look at how it’s made:
- In a medium saucepan, combine the milk and chocolate chips.
- Warm the mixture over medium heat, stirring occasionally with a spoon or spatula, until chocolate is melted and smooth.
- Remove the mixture from the heat just before it begins to boil. Stir in 1/4 cup of peanut butter and set aside.
- In a small microwave-safe bowl, heat the remaining 2 tablespoons of peanut butter in the microwave for about 10-12 seconds, to create a drizzle. Set aside.
- Pour the hot chocolate into a glass or mug. Top with whipped cream, drizzle with warmed peanut butter, and sprinkle peanut butter cups on top. Enjoy!
Can This Recipe Be Made in Advance?
Yes! If you’d like to multiply this recipe to serve a crowd, you can prepare it in advance on the stove and then transfer the hot chocolate to a slow cooker. Set the slow cooker to “warm” or “low” and let guests ladle it into their own mugs.
Recipe Variations to Try
- Use white or dark chocolate chips for a different chocolatey flavor!
- Sprinkle toffee chips or sprinkles on top to add an extra element of fun!
- Change up the milk in this recipe if dairy bothers you. Try soy, almond, or even coconut milk!
Tips for Making Hot Chocolate with Chocolate Chips
- Make sure to keep stirring the milk and chocolate mixture as it heats, otherwise it may burn.
- Regular creamy peanut butter is best for this recipe. Chunky peanut butter doesn’t work as well due to the bits of peanuts in it and reduced fat peanut butter doesn’t melt as well.
- This recipe is super easy to make for a crowd! Just increase the quantities for as many people as you have and make it in a larger pot.
Looking for more hot chocolate recipes?
- Peppermint White Hot Chocolate
- Oreo Hot Chocolate
- Slow Cooker Pumpkin White Hot Chocolate
- Mocha Caramel Frozen Hot Chocolate

Peanut Butter Hot Chocolate
Ingredients
- 2 cups milk, any kind, I used 2%
- 6 ounces milk chocolate chips
- ΒΌ cup plus 2 tablespoons peanut butter, divided
- Whipped cream, for garnish
- 4 mini peanut butter cups, for garnish
Instructions
- In a medium saucepan, combine the milk and chocolate chips.
- Warm over medium heat, stirring occasionally, until chocolate is melted and smooth.
- Remove mixture from heat just before it begins to boil. Stir in peanut butter. Set aside.
- In a small bowl, heat remaining 2 tablespoons of peanut butter in microwave for about 10-12 seconds, to create a drizzle. Set aside.
- Pour hot chocolate into a glass. Top with whipped cream, drizzle with warmed peanut butter, and sprinkle peanut butter cups.
Um hello most wonderful hot chocolate that I have ever seen! Where have you been all my life?! This looks sooooooooo good! Oh my gosh I just love it! π
Thanks, Taylor!
You’re singing my song today, Gayle! You know how much I adore anything with PB cups. And my idea of a perfect moment would be drinking this under a blanket while I binge watch episodes of the Great British Baking Show! I’m giving this a shot!
That sounds like the perfect moment to me, too! Thanks, Mir! π
Um, this hot chocolate is completely INSANE, Gayle! Wow, you have seriously given me the hugest hot chocolate craving ever! What could be better than pb cups and hot chocolate all in one cup??
Thanks, Sarah! Chocolate and peanut butter are the best together!
This is my kind of hot chocolate! Yum!
Thanks, Kelly!
This hot chocolate will definitely make me very happy! Love it! Perfect because I’m always cold, too!
Thanks, Mira! I’m always cold too, so I love sipping on this drink!
Peanut Butter receives lots of love, doesn’t it? But is absolutely deserves it! Oh myyyy, this hot cocoa is speaking my language, Gayle! Have a great weekend!
Thank you, Annie! Hope you have a wonderful weekend, too!
This looks like the best kind of hot chocolate seriously! I need to whip up a batch soon! Have a great weekend Gayle!
Thanks, Manali! Hope you have a wonderful weekend, too!
I’m glad I’m not the only one who’s cold all the time. I’m the person who gets weird looks because I take a jacket along when it’s 72 degrees outside. π This hot chocolate looks ridiculously good. I could definitely drink a peanut butter cup in liquid form! π
Haha I do the exact same thing! Thanks for the hot chocolate love, Amanda!
Girl this looks so so good!! I am all about warm cozy drinks and this is right up my alley!!
Thank you, Ami!
You know the way to my heart, chocolate and peanut butter and I need this hot cocoa in my life ASAP!
Yes! Chocolate and peanut butter are the best! Thanks, Aimee!
You sound SO much like me! I love to have something warm in my hands…especially at this time of year…because I’m always cold! I’ve never thought to add PB to hot chocolate, but it’s such an obviously delicious choice. I’m going to remember this for next time!!! TGIF, right? Let’s go get our Friday night pizza!
You would love this hot chocolate, Blair! It’s such a delicious combo! And yay for Friday night pizza! π
Oh, stop Gayle — this looks insanely good with those mini peanut butter cups on top! I’ve never even thought to add peanut butter to my hot chocolate, and I definitely need to try it!
Thanks for the hot chocolate love, Marcie!
OMG! Oh no you didn’t !
YES!! π
UhhhUHHH I would drink this at EVERY single meal. EVERY SINGLE ONE.
Haha me too, Gigi! I drink this on a regular basis! π
Wow! This is my kind of hot chocolate Gayle! I can never resist chocolate and peanut butter. π
Thanks, Christin!
This is the ultimate hot chocolate, Gayle! I am always cold too so warming up with a big cozy mug of this is a must! Love the peanut butter cups!
Thanks for the hot chocolate love, Kelly!
Swooooon. Washington feels extra cold after a few days in Hawaii and I need a big mug of this ASAP to keep me warm and full of chocolate π love this!
Ugh I bet! Here’s to this hot chocolate and wishing we were both on a beach in Hawaii! π
OH MY GOSH – I literally wanted to reach through my computer screen and grab that gorgeous cup of hot chocolate. It’s just plain perfect!!!!
Thanks for the hot chocolate love, Kate!
This is just the best looking hot chocolate I’ve ever seen! Why have I never had peanut butter in my hot chocolate before? That’s just plain brilliant!
Thanks, Stacey!
Whoa, this is my kind of hot chocolate! I wish I had a mug of this in front of me right now!
Thanks, Jessica!