I am travelling to Europe in late July and considering taking the Wizard Clear Advantage Mastercard. It has a 4.99% per annum rate for the first 6 months and no ATM or transaction fees. I would like to transfer $2000 positive balance on it, and then use it as a credit card after that. Therefore I will likely be spending about $5000 credit, but I hope to pay off this entire balance at the end of every month as I have this amount in my bank account saved for the holiday. Therefore, how much interest would I be paying? I seem to think its abut $80 but I do not have a credit card currently so I'm not sure.