Add softened cream cheese, 1 cup peanut butter, softened butter, and vanilla extract to a mixing bowl and beat until smooth, about 2 minutes.
Add powdered sugar and beat until combined.
Fold in 1/2 cup mini chocolate chips.
Shape into a ball and place onto a piece of plastic wrap. Wrap into a ball and secure tightly.
Refrigerate cheeseball for four hours or overnight.
Place mini chocolate chips in a thick, but single layer on a plate.
Remove the plastic wrap and press the cheeseball into the mini chocolate chips. Add more chocolate chips to the plate and flip the cheeseball over and press chocolate chips into all sides until completely covered.
Place peanut butter ball on a serving plate.
Add 2 tablespoons of peanut butter to a resealable sandwich bag but do not seal the bag. Microwave at 50% power for 15 seconds. Knead and if necessary return to the microwave for another heat cycle until peanut butter is soft and can be drizzled.
Seal the bag and snip the tip and drizzle peanut butter over the cheeseball.
Serve immediately or cover and refrigerate until ready to serve. Let any refrigerated cheeseball stand 15-20 minutes at room temperature to soften before serving.
Notes
Please note nutritional values will not calculate correctly on this recipe as its listed as 1 cheeseball for serving. Use your own recipe app if nutritional information is needed. ---------------------------------------------------------Important TipRemember that cream cheese and peanut butter both harden in the fridge.If making to bring it somewhere or are storing any leftovers, remove them from the refrigerator at least 30 minutes before eating for a creamy soft peanut butter ball. Serving Ideas