I was looking for a wallet which held a lot of credit card sized things (for example, credit cards, health insurance card, etc. etc.) and ordered this.  The material is actually black leather look (although the sell this exact model in other materials and colors, too).

It has two different compartments - the first is smaller and contains a zip pouch for coins.  I use this to store my cash.  The other compartment contains an accordion-style of dividers where you keep your credit cards.  The individual sections are big enough to store more than one credit card per section, however, it makes it harder to close the wallet if you do this.  I can do this in a few of the sections but not all of them.  I just checked and there are 10 dividers in that section and I have a total of 20 cards in there.

There is also a transparent window section on the outside of the smaller compartment where you keep your license.  I like this as I can show my license without having to fumble around and take it out of my wallet.

In summary, I really like this wallet and would definitely buy it again.