[mysql] MYSQL Sum Query with IF Condition

I am building a query for a report with multiple IF conditions on the SUM. I am having problems with a multiple IF conditions on the SUM.

Here is the query:

SELECT SUM(`totalamount`) AS Total, 
SUM(`PayPalFee`) AS Fees,
DATE(`TransactionDate`) AS `Day`, 
SUM(IF(PaymentType = "paypal", 1,0)) AS Paypal, 
SUM(IF(PaymentType = "check", 1,0)) AS Checks, 
SUM(IF(PaymentType = "credit card", 1,0)) AS CreditCard, 
COUNT(*) AS Entries
 FROM my_table
 WHERE TransactionDate between '2011-05-05' AND '2012-01-30'
 GROUP BY day
 ORDER BY `day` ASC

This query works just fine.

When I try to add the below conditional SUM statement:

 SUM('TotalAmount'(PaymentType = "credit card", 1,0)) AS CreditCardTotal,

This conditional IF statement fails out.

I have a column called 'TotalAmount' and a column called 'PaymentType' I am looking to create a SUM of the credit card transactions by each day, a SUM of the checks transactions by each day, a SUM of the paypal transactions by each day,. I have tried to create a subquery but this returns a value for the entire TotalAmount column, not broken down by day.

How about this?

SUM(IF(PaymentType = "credit card", totalamount, 0)) AS CreditCardTotal