Line an 8-inch square pan with aluminum foil, spray with cooking spray and set aside.

In a large microwave-safe bowl, combine butter, honey, brown sugar, and heat on high power for 1 minute to melt. Stop to stir. Mixture will be on the grainy side.

Place in the Microwave on high power for three minutes, stopping to stir every minute.

Carefully stir in the vanilla. Stir in the cereal and raisins.

Let the mixture cool for two minutes than stir in the chips. Press out the mixture into prepared pan, packing down firmly with a spatula.

Cover pan with a sheet of foil and place pan in fridge to set up for at least 2 to 3 hours.