Peanut Butter Chips and Jelly Bars

1-1/2 cups flour
1/2 cup sugar
3/4 teaspoon baking powder
1/2 cup butter or margarine
1 egg, beaten
3/4 cup grape jelly
1 cup peanut butter chip

Combine flour, sugar and baking powder; cut in margarine until mixture resembles crumbs. Add egg, blend well. Reserve one half of mixture. Press remaining half of mixture onto bottom of greased 9 inch square pan. Spread jelly evenly over crust in pan. Sprinkle 1/2 cup chips over jelly. Combine remaining crumb mixture with remaining chips; sprinkle over top. Bake at 375 degrees for 30 minutes or until lightly browned. Cool completely; cut into bars.

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