Preheat oven to 375. Line or grease cookie sheets and set aside.
In a small bowl, sift together flour, baking powder and salt. Set aside.
In the bowl of an electric mixer, cream butter and sugars until creamy. Add vanilla extract and eggs and beat until fully incorporated. Add flour mixture, and beat until just combined. Using a spoon, gently stir in the chocolate chips and cereal. Drop dough by heaping tablespoons and bake at 375 for 9-10 minutes. Cool on tray for one minute before removing to wire rack to cool completely.
Important note: don’t make these cookies too small, as the cereal is too large to work in small cookies, and the taste and texture will suffer.
Enjoy!