SD cards are terribly unreliable. Make sure you have backups of whatever data you're doing this with.
I haven't found this to be true at all, and I have extensively used SD cards for years. However, I have always used Sandisk brand cards. I am well aware that many of the lower priced, off-brand cards have a high rate of data loss and almost never perform to their rated speed.
To respond to the OP, an SD card will not be a good replacement for larger internal storage if you are truly accessing over 128GB of data on a frequent basis. Personally, I moved a few dozen GB of infrequently used documents and files to an SD card, allowing me to use the default 128GB drive and still have 40GB free space. This is with a 40GB music library, 15GB photo library, and 10GB of video.