Mix oats and cereal together in a bowl and set aside.
In a small sauce pan, bring brown sugar, honey, and butter to a boil over medium heat. Lower to medium-low and gently boil for 2 minutes. Remove from heat and pour over the cereal/oats. Mix until evenly coated and press into an 8x8 inch square pan.
Immediately sprinkle with the chocolate chips and press them down. Let bars cool all the way before cutting. Wrap individually in plastic wrap.