The Premier County beat Clare 1-16 to 1-13 in the provincial final, which was played in the Mallow GAA complex.
Clare started the match very well and goaled through Ciara Hickey after four minutes.
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The Banner maintained their grip on the game up until the break, by which they led Tipp 1-16 to 1-13.
Gerry McGill gained new impetus after the interval and had drawn level by the 50th minute.
The decisive blow for victory was struck by Mullinahone's Lorraine O'Shea in the dying emebers of the tie.
Her goal put Tipp ahead and they never relinquished that advantage to claim the silverware.
