If you’ve ever walked past the bakery section at your local warehouse store and stopped in your tracks, you probably know why the Costco Peanut Butter Chocolate Cream Pie has built such a devoted following. This dessert is the best kind of indulgence: thick swirls of peanut butter and chocolate cream, all nestled in a crunchy graham cracker crust and topped with creamy, irresistible rosettes. It’s a treat designed for chocolate and peanut butter lovers, but the magic really happens when you bring it home and make it yourself. This homemade version is just as luscious, surprising, and celebratory—the kind of pie that turns every gathering into a special occasion.

Costco Peanut Butter Chocolate Cream Pie Recipe - Recipe Image

Ingredients You’ll Need

This recipe relies on simple, everyday ingredients, but don’t let that fool you—the harmony of tastes and textures makes every bite unforgettable. Each element brings something vital to the table, whether it’s silky smoothness, chocolatey depth, or that signature peanutty richness. Here’s what you’ll need and why:

Prepared graham cracker crust: Brings that buttery, crunchy foundation you expect from a classic cream pie, and saves you a big step!
Milk chocolate chips: The base for that rich, decadent chocolate cream filling that swirls so beautifully into every slice.
Heavy cream: Helps melt the chocolate and ensures the filling is lusciously smooth and not too dense.
Powdered sugar: Gives both the peanut butter and chocolate layers their softly sweet touch and creamy texture.
Cream cheese: Adds a subtle tang and rich body to both creams, balancing the sweetness perfectly.
Peanut butter: The obvious star—a creamy, nutty boost that makes the filling unforgettable.
Frozen whipped topping (thawed): Lifts the whole pie into airy, cloudlike territory, making each forkful extra dreamy.

How to Make Costco Peanut Butter Chocolate Cream Pie

Step 1: Melt the Chocolate

Start your Costco Peanut Butter Chocolate Cream Pie journey by placing your milk chocolate chips in a small, heatproof bowl. Heat the heavy cream in the microwave until it’s just steaming, about 30 seconds, then pour it over the chocolate chips. Let them sit for a minute, then stir until you have a smooth, glossy mixture. Set this aside to cool slightly—this luscious ganache will be the base for your chocolate cream layer.

Step 2: Whip Up the Peanut Butter Cream Filling

In a large bowl, use a mixer to beat one block of softened cream cheese until it’s silky smooth. Toss in your peanut butter (the creamier the better) and one cup of powdered sugar, then mix until everything is well combined and deliciously thick. Now, gently fold in half of the whipped topping. This step gives your filling that light, mousse-like texture that makes every bite simply melt in your mouth. Set the mixture aside—you’ll need it for both the filling and decorative topping later.

Step 3: Make the Chocolate Cream Filling

Grab a second bowl for the chocolate cream. Beat the remaining half block of cream cheese, then add your cooled chocolate and cream mixture. Stir until beautifully blended, then mix in the final half cup of powdered sugar. To make things even creamier and lighter, fold in the rest of your whipped topping. The result is a chocolate layer that’s thick, rich, and fluffy, ready for its starring role in your pie.

Step 4: Layer and Assemble the Pie

Take your graham cracker crust and spread about half of the peanut butter mixture into the bottom, smoothing it out into an even layer. Next, gently spoon the chocolate cream on top, doing your best not to mix the layers as you spread it evenly to the edges for that perfect cross-section. Now, load the remaining peanut butter mixture into a piping bag fitted with a large star tip. Pipe rosettes or swirls around the edge—or go wild with your own decorating style. This step might feel a bit extra, but trust me, it’s what gives that bakery-worthy finish!

Step 5: Chill and Set

Good things come to those who wait! Cover your pie and refrigerate for at least 4 hours (overnight is even better). This sets the layers firmly while keeping the crust wonderfully crisp. When you’re ready, slice, serve, and wait for the oohs and aahs—your Costco Peanut Butter Chocolate Cream Pie will absolutely steal the show.

How to Serve Costco Peanut Butter Chocolate Cream Pie

Garnishes

Dress up your pie with a finishing touch that matches its rich, indulgent spirit. You can sprinkle chopped peanuts for extra crunch, drizzle a little melted chocolate for dramatic flair, or dot mini chocolate chips across the cream for playful contrast. Whipped cream rosettes add a touch of old-school charm and make each slice feel like a true celebration.

Side Dishes

Since the pie is so decadent, pair it with something light and refreshing to balance things out. Fresh sliced strawberries or a bowl of mixed berries provide a burst of tartness. Black coffee, espresso, or unsweetened iced tea also make perfect partners—just enough to cleanse the palate between those rich, creamy bites.

Creative Ways to Present

If you’re feeding a party crowd, turn your Costco Peanut Butter Chocolate Cream Pie into cute, individual parfaits using small mason jars or cocktail glasses—just layer the peanut butter and chocolate fillings with chunky cracker crumbles. You can also cut the chilled pie into dainty bars for a sweet finger-food dessert platter. And don’t forget that a dramatic drizzle of warm ganache over each slice will make everyone feel extra special.

Make Ahead and Storage

Storing Leftovers

Any leftover Costco Peanut Butter Chocolate Cream Pie should be tightly covered and stashed in the fridge. It keeps beautifully for up to five days (if it even lasts that long!). The flavors continue to develop, and the texture stays irresistibly creamy without the crust getting soggy.

Freezing

If you want to make the pie ahead for a special occasion, you’re in luck—this dessert freezes quite well. Pop the whole pie or just a few slices into the freezer, wrapped tightly in plastic and foil. Let it thaw overnight in the fridge when you’re almost ready to serve. You may notice a slight change in the whipped topping’s texture, but the flavor remains deeply satisfying.

Reheating

Luckily, there’s no real “reheating” needed for Costco Peanut Butter Chocolate Cream Pie! If serving directly from the fridge, let it sit at room temperature for about 15 minutes to take the chill off and soften the layers just a bit. If your pie has been frozen, let it thaw in the refrigerator until it’s nice and creamy again before slicing and serving.

FAQs

Can I use crunchy peanut butter instead of creamy?

Absolutely! Crunchy peanut butter will add a bit of texture and bite to your filling, which can be really fun and satisfying. Just make sure to mix it thoroughly so it blends well with the cream cheese and whipped topping.

Is there a way to make it more chocolatey?

For serious chocolate lovers, you can add a handful of extra chocolate chips to the melted chocolate or even swirl in some cocoa powder with the chocolate cream filling. Topping the pie with chocolate shavings or a drizzle of chocolate sauce will also turn up the chocolate factor.

What if I can’t find whipped topping?

If whipped topping isn’t available, homemade whipped cream works beautifully! Just whip about 2 cups of heavy whipping cream with a few tablespoons of powdered sugar until soft peaks form, then fold it into the fillings as instructed.

Can I make the graham cracker crust from scratch?

Definitely! Mix about 1 and 1/2 cups of graham cracker crumbs with 1/3 cup of melted butter and 3 tablespoons of sugar, then press it firmly into a 9-inch pie pan and bake at 350°F (175°C) for about 10 minutes. Let it cool completely before filling for the best results.

Is this recipe gluten-free?

The filling is naturally gluten-free, but most store-bought graham cracker crusts are not. Simply substitute a gluten-free graham crust or make your own with gluten-free graham crackers to enjoy the pie worry-free!

Final Thoughts

There’s something truly joyful about serving up a homemade Costco Peanut Butter Chocolate Cream Pie, especially when you see those first delighted bites disappear. This is the dessert that wins over chocolate and peanut butter fans instantly and creates the kind of memories only a truly great treat can. Gather your friends, bake a pie, and let yourself savor every decadent forkful—you deserve it!

Costco Peanut Butter Chocolate Cream Pie Recipe

★★★★★

4.9 from 11 reviews

Author: lilan
Total Time: 4 hours 30 minutes
Yield: 1 (9-inch) pie 1x
Diet: Vegetarian

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Description

Indulge in the deliciousness of a Costco Peanut Butter Chocolate Cream Pie. This decadent dessert features layers of creamy peanut butter and rich chocolate fillings nestled in a graham cracker crust, topped with a fluffy whipped topping. Perfect for any occasion!

Ingredients

Scale

Graham Cracker Crust:

1 (9-inch) prepared graham cracker crust

Chocolate Filling:

3/4 cup milk chocolate chips
1/4 cup heavy cream
1 1/2 cups powdered sugar, divided
1 1/2 (8-ounce) blocks cream cheese, softened – divided

Peanut Butter Filling:

1 cup peanut butter
1 (12-ounce) container frozen whipped topping, thawed – divided

Instructions

Prepare Chocolate Filling: Heat heavy cream and pour over chocolate chips to melt. Set aside.
Make Peanut Butter Filling: Combine cream cheese, peanut butter, and powdered sugar. Fold in whipped topping.
Create Chocolate Filling: Combine cream cheese with melted chocolate mixture and powdered sugar. Fold in whipped topping.
Assemble the Pie: Layer peanut butter mixture, chocolate mixture, and top with decorated peanut butter mixture. Refrigerate for at least 4 hours before serving.

Notes

For a richer flavor, use dark chocolate chips instead of milk chocolate.
Feel free to garnish with chopped peanuts or chocolate shavings for added texture.

Prep Time: 30 minutes
Cook Time: 0 minutes
Category: Dessert
Method: Mixing, Chilling
Cuisine: American