What is a credit card and will a person get more than one card?

Credit Card is a type of a payment card issued by the bank to enable the cardholder to get immediate credit to pay for the goods/services based on the cardholder’s accured debt. After cardholders seek credit using a credit card, they can pay back the amount in one go or in installments within the prescribed due date.It allows one to make purchases by borrowing money to a certain limit, higher purchasing power, and more rewards.

Some credit cards offered by different banks extend many benefits at a nominal annual and joining fee, while due to competition some banks don't even charge any annual fee.

And, yeah, a person can hold more than one card of different banks and account, but they might be of different spending limits, terms and conditions set by each bank. The amount of credit varies depending on multiple factors such as the cardholder's age, income, etc.

A default in the credit card repayment will affect one's credit score, which are usually tracked by agencies such as CIBIL.