Method and system for linked electronic wallet application

A system for distributing credentials to a linked electronic wallet, comprising:

• an account database of a processing server configured to store a plurality of account profiles, wherein each account profile includes a first structured data set configured to store data related to a transaction account including at least an associated account number, an account identifier, and a device identifier;
• a linked database of the processing server configured to store a linked profile, wherein the linked profile includes a second structured data set configured to store data related to a linked transaction account including at least a primary account number, a linked identifier, a plurality of account identifiers, and an account balance;
• a receiving device of the processing server configured to receive first data superimposed with a linking request, wherein the linking request includes at least a specific account identifier and the linked identifier;
• a processing device configured to:
• execute a query on the account database to identify a specific account profile where the included account identifier corresponds to the specific account identifier;
• and
• update the linked profile to include the specific account identifier in the included plurality of account identifiers;
• and
• a transmitting device of the processing server configured to electronically transmit second data superimposed with payment credentials associated with the linked transaction account that includes at least the primary account number to a mobile communication device associated with the device identifier included in the identified specific account profile.