1In large microwavable bowl, mix cereals, peanuts, pretzels and corn kernel nuts.
2In 2-cup microwavable measuring cup, microwave butter uncovered on High about 40 seconds or until melted. Stir in seasonings. Pour over cereal mixture; stir until evenly coated.
3Microwave uncovered on High for 4 to 5 minutes, stirring after each minute. Stir in tortilla chips. Spread on waxed paper or foil to cool. Store in airtight container.