...it seems much more sensible...
This is the "ridiculous munchkin ideas" thread, not the "sensible advice you've already heard" thread.
This could potentially be considered fraud.
A more pertinent worry. Especially with cards that give a percentage of each purchase as "reward points" or something, I'd be worried about this.
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I agree with your point, in general--I don't think imperialism, economic or otherwise, is often all that great for indigenous populations--but in this specific assertion, I think you're falling prey to the hostile media effect. I've seen coverage of Foxconn suicides in some pretty doggoned mainstream western media.